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Monday, December 23, 2024 | 06:49 PM ISTEN Hindi

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Claiming life insurance for a missing person

In case of a natural calamity or a terrorist attack, the claim settlement period can be waived off

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Mahavir Chopra
During a natural calamity, be it a storm, flood or an earthquake, hundreds of individuals are affected. Consider the floods in Jammu and Kashmir in 2014 or the Malaysian Airlines Flight MH370 which went missing in 2014 or the Chennai cyclone in 2016, losing a loved one, especially if one goes missing to such a calamity/disaster, could traumatise anyone.

While the loss of a loved one cannot be compensated/replace through that financial support, it is a part of a support system, nonetheless. The process, thankfully, is not as complicated as one would imagine. But one needs to take all these

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