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Business News/ News / India/  Odisha train accident: LIC simplifies claim process for Coromandel Express tragedy victims

The Life Insurance Corporation of India (LIC) on Saturday announced relaxations for victims of the Odisha train accident. LIC announced that it will expedite claim settlements to provide financial relief for the victims.

“LIC Of India is deeply saddened by the tragic train accident in Balasore, Odisha on 02.06.2023. LIC Of India is committed to supporting those affected and will expedite claim settlements to provide financial relief," said LIC in its statement.

Siddhartha Mohanty, Chairperson, LIC, announced many concessions to mitigate the hardships of the claimants of LIC Policies and also of Pradhan Mantri Jeevan Jyoti Bima Yojana of the Odisha train accident.

In lieu of registered death certificates, list of casualties published by Railway Authorities, Police or any State or Central Government Authorities will be accepted as proof of death. Special Help Desk has been set up at Divisional and Branch level to respond to claim related queries and for providing assistance to claimants.

All efforts will be taken to ensure that the claimants are reached out and claims are settled expeditiously to the affected families.

The claimants may also call at call centre - 02268276827.

288 people were killed and more than 1100 injured on Friday as three trains collided in Odisha's Balasore area.

The Shalimar-Chennai Central Coromandel Express is believed to have crashed into a stationary goods train at around 7 pm on Friday near the Bahanaga Bazar station in Balasore. Meanwhile the Bengaluru-Howrah Superfast Express had crashed into the derailed compartments soon after the initial crash.

The two trains had been travelling at a high speed and carried around 2,000 passengers on board. Seventeen coaches were derailed and severely damaged in the collision, trapping hundreds of passengers.

Preliminary investigations have revealed that a signal was given to Coromandel Express to enter the main line but it was taken off and the train entered the loop line, where it crashed into a goods train parked there.

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Updated: 03 Jun 2023, 10:15 PM IST
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