associate sponsors


In a show of solidarity, LIC settles claims of soldiers killed in Uri attack in less than a week

New Delhi: In a show of solidarity towards soldiers martyred in the Uri attack, LIC on Tuesday said it has expeditiously settled the insurance claims on its own after obtaining necessary documents.

"LIC officials scanned the names in the policy masters and traced the families of those martyrs. Officials were deputed to convey heart-felt condolences," LIC said in a statement.

The army camp in Uri where the attack happened. PTI

The army camp in Uri where the attack happened. PTI

"They also collected necessary papers for documentation and after ascertaining the nominees, the claims were promptly settled without delay."

The insurance claims were settled in less than a week of the attack on 18 September, in which 18 soldiers lost their lives. All the claims were settled by 24 September, it said.

Nine of the 18 martyrs had LIC individual policies which were settled immediately by handing over cheques to the nominees personally by LIC officers, the insurer said.

In another statement, the public insurance company said MDRT through its director (global markets) awarded a plaque to LIC for being number one company in the world in terms of maximum qualifying and registered agents for MDRT.

Eryn Carter, Director Global Markets at MDRT, presented the plaque to LIC Chairman (in-charge and MD) V K Sharma in presence of Managing Director Usha Sangwan and Executive Director (corporate communications) S N Bhattacharya.

The Million Dollar Round Table (MDRT), founded in 1927, is the premier association of financial professionals. It is an international and independent association of more than 43,000 of the world's leading life insurance and financial services professionals from more than 500 companies in 67 countries.

LIC topped the 2016 list of top 100 companies as drawn up by MDRT. No other Indian company appears in the top 10.

Updated Date: Oct 04, 2016 14:56 PM

Also Watch

Social Media Star: Abhishek Bachchan, Varun Grover reveal how they handle selfies, trolls and broccoli
  • Monday, July 16, 2018 It's a Wrap: Soorma star Diljit Dosanjh and Hockey legend Sandeep Singh in conversation with Parul Sharma
  • Monday, July 16, 2018 Watch: Dalit man in Uttar Pradesh defies decades of prejudice by taking out baraat in Thakur-dominated Nizampur village
  • Monday, July 16, 2018 India's water crisis: After govt apathy, Odisha farmer carves out 3-km canal from hills to tackle scarcity in village
  • Sunday, July 15, 2018 Maurizio Sarri, named as new Chelsea manager, is owner Roman Abramovich's latest gamble in quest for 'perfect football'

Also See