Bajaj Allianz Life said it has reduced the documentation for claim applications for the train accident victims.
While the requirement for documents has been already minimised, procedure for investigation conducted by insurers may be waived if prima-facie documents establish the life assured's death is due to the accident, the Pune-headquartered company said in a release issued here.
It has announced that it would make efforts to settle a majority of the claims coming out of this accident within 72 hours and these claims will be attended on priority.
Meanwhile, Max Life has set up a special claims help-desk to expedite claim settlement process.
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The insurer will accept any evidence from the government or designated district officials of the state government or hospital authorities showing death due to the train accident, it said in a statement.
Photo ID proof of nominee or the beneficiary will also be required, it added.
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