New guidelines framed by IRDAI for flood victims

95,629FansLike
52,373FollowersFollow

(Do you want to make an impact with your content? Interested in writing Movie or Politics or General stories? contact us at [email protected])

Telangana and Andhra Pradesh have been hit hard by heavy rains over the past few days. Hundreds of colonies were submerged. Heavy crop damage, property and loss of life were reported. In this context, the Insurance Regulator, Insurance Regulatory and Development Authority of India (IRDAI) on Wednesday framed guidelines for insurers to assist flood victims.

The insurance regulator said the procedure followed in the case of Jammu and Kashmir floods could be considered where it is difficult to get a death certificate due to non-recovery of the bodies of those lost in the floods.

IRDAI stated, “General Insurers may have issued policies for the protection of lives and property located in the affected areas. There is an urgent need for the insurance industry to take immediate steps to mitigate the hardships of the affected insured population by ensuring immediate registration and settlement of eligible claims.”

According to a new circular, the IRDAI has directed the state and district level to nominate senior officials to act as nodal officers who has to monitor with the CEO of the company. Receipt of all eligible claims has to be provided by insurers.

As an add on, 24/7 helplines will be facilitated for insurance claims. Insurers (Including Standalone Health Insurers) are advised to submit information related to claims of October 2020 floods to General Insurance Council in the format already being used for Amphan cyclone claims.

Silver Screen

Exclusive: Sai Pallavi’s role revealed from Pawan Kalyan film!

If the latest reports are to go by, noted actress Sai Pallavi has been locked for Pawan Kalyan's upcoming project, PSPK27. Sai Pallavi will be...

Exclusive: Will Puri take VD’s inputs for Fighter

Tollywood heartthrob Vijay Deverakonda and dynamic director Puri Jagannadh are collaborating for an action thriller, which is tentatively titled Fighter. The unit will soon...

Chiranjeevi thanks KCR for Tollywood releif measures

Megastar Chiranjeevi, Nagarjuna, and a few other Tollywood seniors met with the chief minister K Chandrasekhar Rao to discuss about relief measures to the...

Bigg Boss Telugu 4: Nagarjuna gives a strong warning to organizers

agarjuna is apparently furious with Bigg Boss management and made his intentions clear to the organizers.As per reports, Nagarjuna is unhappy with Bigg Boss...

Sam jets off to Maldives to celebrate Chai’s birthday!

In these troubled times, Maldives became the most happening place for vacation. It is always flocked by celebs. After Tara Sutaria and Tapsee recently...

Politics

‘Friendly Enemies’ drama started by TRS-MIM ahead of GHMC polls…!

Telangana people are well aware of the relation between the ruling TRS party and their ally MIM. They know how they play politics and...

KCR’s speech misses heat ahead of GHMC elections!

The second anyone thinks of Telangana Chief Minister KCR's speech, the first thing they are reminded about is the heat and fire that exudes...

KTR takes Amaravati reference in GHMC campaigning..!

TRS party working president and Telangana IT Minister K Taraka Rama Rao is on a roll these days after he had a review meeting...

Discussion on the GHMC elections is a real waste of time?

If you are not well aware of our over-civilised urban people, let us ask you a question..! What do you think would be the...

SC demands status report from these four states regarding covid situation

With the covid-19 impact still not dampened in the nation, it has become worrisome for the citizens. Although it looked normal, soon speculations were...

Most Read

‘Friendly Enemies’ drama started by TRS-MIM ahead of GHMC polls…!

Telangana people are well aware of the relation between the ruling TRS party and their ally MIM. They know how they play politics and...

Exclusive: Sai Pallavi’s role revealed from Pawan Kalyan film!

If the latest reports are to go by, noted actress Sai Pallavi has been locked for Pawan Kalyan's upcoming project, PSPK27. Sai Pallavi will be...

KCR’s speech misses heat ahead of GHMC elections!

The second anyone thinks of Telangana Chief Minister KCR's speech, the first thing they are reminded about is the heat and fire that exudes...

KTR takes Amaravati reference in GHMC campaigning..!

TRS party working president and Telangana IT Minister K Taraka Rama Rao is on a roll these days after he had a review meeting...

Exclusive: Will Puri take VD’s inputs for Fighter

Tollywood heartthrob Vijay Deverakonda and dynamic director Puri Jagannadh are collaborating for an action thriller, which is tentatively titled Fighter. The unit will soon...