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FM meets heads of insurance companies for faster claim settlement

FM meets heads of insurance companies for faster claim settlement ​ By IANS | ​ 0 Views   New Delhi: Finance Minister Nirmala Sitharaman with Anurag Thakur chairs the 43rd GST Council meeting at National Media centre in New Delhi on Friday 28 May 2021. (Photo: Qamar Sibtain/ IANS). Image Source: IANS News New Delhi, June 5 : Finance Minister Nirmala Sitharaman met the heads of insurance companies through video conferencing on Saturday to review the progress made under the Pradhan Mantri Garib Kalyan Package (PMGKP) insurance scheme for health workers fighting the Covid-19 and also to accelerate the disbursement of pending claims under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) during the pandemic.

Nirmala Sitharaman meets heads of insurance companies to re

Sitharaman meets heads of insurance companies to review progress of PMGKP and PMJJBY; calls for faster settlement of claims

Representative Image Sitharaman meets heads of insurance companies to review progress of PMGKP and PMJJBY; calls for faster settlement of claims ANI | Updated: Jun 05, 2021 23:13 IST The meeting through video conferencing also sought to accelerate the disbursement of pending claims under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) during the pandemic, under which 1.2 lakh claims of Rs 2,403 crore have been paid since April 1 2020 till date. Sitharaman stressed the importance of streamlining the process and documentation requirements under the schemes so that the claims are disbursed speedily, said an official statement. Accoirding to the Ministry of Finance, she observed that under the PMGKP scheme, a total of 419 claims have been paid as of date, amounting to Rs 209.5 crore disbursed in the account of their nominees.

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FM calls for faster claim settlement under PMJJBY in meeting with insurers

Nirmala Sitharaman on Saturday held a review meeting with the heads of insurance companies through Video conferencing to review the progress made under the Pradhan Mantri Garib Kalyan Package (PMGKP) Insurance Scheme for health workers fighting Covid-19. The Finance Minister asked insurers accelerate the disbursement of pending claims under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) during the pandemic and stressed the importance of streamlining the process and documentation requirements. During the review, Sitharaman observed that under the PMGKP scheme, a total of 419 claims have been paid till date, amounting to Rs 209.5 crore disbursed in the account of their nominees.

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