Guidelines on settlement of Insurance Claims of victims of recent Floods in

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• ·~ -efm, fut4!114r.fi J.TIT fuct,ifl rnUtfi1:UT i INSURANCE REGULATORY AND irJai DEVELOPMENT AUTHORITY OF INDIA Ref: IRDA/LIFE/Karnataka Floods/2018-19 20th August,2018 To Chairman/CEOs of Life Insurers. Sub: Guidelines on settlement of Insurance Claims of victims of recent Floods in the state of Kerala- Extension of the circular provisions to flood affected districts of Karnataka This has reference to the circular dated 17th August 2018 directing to initiate steps for expeditious settlement of claims to the flood affected state of Kerala. It has come to our notice that some of the districts of Karnataka including Kodagu have suffered severe flooding and loss of lives and property. Therefore, it has been decided by the Competent Authority to extend the applicability of referred circular provisions to the flood affected districts of state of Karnataka too as declared by the state government. A separate progress report for Karnataka state in the format given below may be submitted on weekly basis. 9 ...,c---;,_ r- -- -...:::n~n94B'C Chief General Man~ (Life Insurance) SI.No Type of Claim 1 Individual Death claims Insurance (including benefit if any) 2 PMJJBY Death Claims 3 TOTAL ~ rf.-115/1, ~ ~f«<R., .-11.-1"1.(IJ-J"jsl , a,-.,.q"ii113~ .~ -500032, ~ ~- 91-040-2020 4000 rider Claims reported Claims settled Number Amount Number Amount (in (in lacs) lacs) Sy No. 115/1, Financial District, Nanakramguda, Gachibowli, Hyderabad - 500032, India Ph. : 91-040-2020 4000