LIC Eases Documentation Norms for Claims Linked to Pahalgam Terror Attack

Life Insurance Corporation of India (LIC) has announced a relaxation in claim settlement procedures for victims of the Pahalgam terror attack that occurred on Tuesday, April 22, 2025. The incident claimed 26 lives, most of them tourists visiting the Kashmir valley.

LIC Statement on Claim Process

LIC stated that it is committed to supporting the families of the deceased and will expedite the claim process to provide financial assistance. The insurer added that several concessions have been introduced to reduce hardships for claimants.

According to LIC’s MD and CEO, Siddhartha Mohanty, in lieu of a formal death certificate, any record in official government documents confirming the policyholder’s death in the terrorist attack, or evidence of compensation paid by the central or state government, will be accepted as valid proof of death.

Claim Assistance 

LIC noted that all efforts will be taken to reach out to the affected families and settle claims promptly. Claimants may contact the nearest LIC branch, division office, or customer zone. They can also call the dedicated helpline at 022-68276827 for further support.

Standard Claim Requirements

For regular death claims:

• Written intimation with policy number, date, and cause of death
• Claim Form A
• Certified extract from local death register
• Original policy bond
• Proof of age of the deceased and the claimant
• Legal heirship proof (if no nominee/assignee is present)
• Bank details with NEFT form and cancelled cheque or passbook copy

Early Death Claim (Within 3 Years of Policy Start/Revival)

• Medical certificates (Form B/B1/B2)
• Burial/Cremation certificate (Form C)
• Employer certificate (Form E)
• FIR, post-mortem, and police investigation reports (if applicable)

Meanwhile, Insurance aggregator Policybazaar said it would offer a job to a family member or sponsor a child’s education in every affected household.

Market Overview

As of 9:16 AM on April 25, 2025, Life Insurance Corporation of India share price was trading at ₹823.70, up 1.06% for the day, but down 8.85% over the past six months and 16.33% over the past year.

Read more: Market Correction Hits LIC Portfolio: Portfolio Value Drops by ₹84,000 Crore.

Conclusion

LIC’s relaxation aims to reduce procedural delays and simplify claims for families impacted by the Pahalgam incident. 

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