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LIC's compassion blitz: Fast‑track claims for Air India crash victims!

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In the aftermath of the June 12 Ahmedabad Air India crash, the Life Insurance Corporation of India (LIC) has stepped up with emergency measures to assist affected families. The insurer is fast‑tracking claim settlements and simplifying documentation requirements - accepting government death records or compensation proof in place of formal death certificates .

LIC assured that it is proactively contacting policyholders' next of kin and promised speedy processing through its local branches and dedicated helpline. These steps aim to lessen the burden during a period of intense grief .

Private player Bajaj Allianz Life Insurance has implemented a parallel approach, setting up a special claims desk and relaxing claimant documentation, such as municipal or hospital certificates and streamlined KYC protocols .

Industry experts estimate the total insurance payout could exceed ₹1,000 crore, making it potentially India's largest aviation-related claim exercise. With insurers showing swift, empathetic responsiveness, families can access much-needed support faster amid national tragedy.

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