{"id":18737,"date":"2020-10-31T14:31:12","date_gmt":"2020-10-31T09:01:12","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=18737"},"modified":"2020-10-31T15:25:17","modified_gmt":"2020-10-31T09:55:17","slug":"irda-announced-guidelines-for-insurance-claim-for-the-flood-victims-of-andhra-pradesh","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/irda-announced-guidelines-for-insurance-claim-for-the-flood-victims-of-andhra-pradesh\/","title":{"rendered":"IRDA Announced Guidelines for Insurance Claim for the Flood Victims of Andhra Pradesh"},"content":{"rendered":"\n<p class=\"has-drop-cap\">Insurance Regulatory and Development Authority of India i.e. IRDA announced guidelines for insurance claim for the flood victims in Andhra Pradesh. The notification primarily addresses the CEOs of the insurance companies.&nbsp;&nbsp;IRDA has rolled out the following directions for the insurance companies in view of the recent natural calamity:-<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" width=\"580\" height=\"343\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/10\/image-125.png\" alt=\"Insurance Claim for the Flood Victims of Andhra Pradesh\" class=\"wp-image-18738\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/10\/image-125.png 580w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/10\/image-125-300x177.png 300w\" sizes=\"(max-width: 580px) 100vw, 580px\" \/><\/figure><\/div>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/irda-announced-guidelines-for-insurance-claim-for-the-flood-victims-of-andhra-pradesh\/#Appointment_of_Nodal_Officer\" >Appointment of Nodal Officer<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/corpbiz.io\/learning\/irda-announced-guidelines-for-insurance-claim-for-the-flood-victims-of-andhra-pradesh\/#Referring_Previous_Notification_in_Intricate_Claims\" >Referring Previous Notification in Intricate Claims<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/irda-announced-guidelines-for-insurance-claim-for-the-flood-victims-of-andhra-pradesh\/#Informing_Masses_about_Office_Address\" >Informing Masses about Office Address<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/irda-announced-guidelines-for-insurance-claim-for-the-flood-victims-of-andhra-pradesh\/#Promoting_the_Use_of_Electronic_Communication\" >Promoting the Use of Electronic Communication<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/corpbiz.io\/learning\/irda-announced-guidelines-for-insurance-claim-for-the-flood-victims-of-andhra-pradesh\/#Conclusion\" >Conclusion&nbsp;<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Appointment_of_Nodal_Officer\"><\/span>Appointment of Nodal Officer\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The concerned entities are required to appoint a senior officer who would lead from the front and act as a nodal officer for the affected area. Such an individual would perform various tasks like processing, coordinating the receipt, and settlement of the claim. These officers are required to intimate their senior i.e.&nbsp;Chief Secretary in case of any issue without any exception.<\/p>\n\n\n\n<p>Likewise, the concerned entities can also\nappoint a Nodal officer at the District level in each affected district. These\nindividuals have to deal with the matter related to insurance claim for the\nflood victims. <br>\nThey will also have to report to the DM\/District Administration.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Sharing Contact Detail of Nodal Officer<\/h3>\n\n\n\n<p>The contact detail of the Nodal officer must be shared with the IRDA. Such details can also be published in the local newspaper to speed up the filing of claims. Additionally, the 24\/7 helpline number may be provided to the people of the affected region.<\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/list-of-goods-and-services-where-gst-is-applicable-latest-rates\/\">List of Goods and Services where GST is Applicable: Latest Rates<\/a><\/mark><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Referring_Previous_Notification_in_Intricate_Claims\"><\/span>Referring Previous Notification in Intricate Claims <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In case if the appointed officers struggle to obtain a death certificate in the context of non-recovery of body etc, the process, then concerned entities can take advantage of notification GoI, No. 1\/12\/2014- Vs (CRS) Dated 12.09.2014 (encloses the elaborate directions regarding the action needs to taken in the case of missing person) released by the home ministry to address such an event.&nbsp;<\/p>\n\n\n\n<p><strong><em>Process of obtaining the death certificate <\/em><\/strong><\/p>\n\n\n\n<ul><li>A FIR must be filed by the close\nrelatives or kin at the place of residence of a person who is missing.<\/li><li>The FIR ought to be referred to\nthe police station under whose jurisdiction the individual went missing. The\naffidavit regarding missing person must be authorized and signed by the notary\nand kept as a permanent record. <\/li><li>The FIR should then forwarded\nto the SDM&nbsp; of the respective area along\nwith a police report and documents such as ration card, bank passbook, and\nRegistry of Family. <\/li><li>The Designated officer will then\ninitiates an investigation process as per the given guided principles. <\/li><li>After wrapping up investigation\nas required, the designated officer will then issue a speaking order related to\nprovisional presumption of death. <\/li><li>The speaking order will then be\npublished in the newspaper as well as on government website so that the\nclaimant can file the process of claim. <\/li><li>The designated officer offers\nthe timeline of thirty days to encounter any objections or raise accordingly.<\/li><li>If the officers do not receive\nany complain in the said timeline, then the officer will issue the death\ncertificate without any issue. <\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Informing_Masses_about_Office_Address\"><\/span>Informing Masses about Office Address<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The insurance companies are allowed to\nshare the detail regarding the special camps\/offices with the public via\nconventional means to enable the filing of claims.&nbsp;The insurance companies\nhave to make sure that all the claims are examined promptly and claim payments\nare on schedule.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Hiring\nof Adequate Surveyors <\/h3>\n\n\n\n<p>Companies are required to appoint an\nadequate number of surveyors as required as soon as possible.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Conducting\nExtensive Awareness Campaign<\/h3>\n\n\n\n<p>The companies should take the initiative to\nshare their efforts with the general public via an extensive awareness\ncampaign. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Promoting_the_Use_of_Electronic_Communication\"><\/span>Promoting the Use of Electronic Communication<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In the purview of the COVID-19 virus, the\ninsurance companies shall motivate the policyholders to take benefit of\nelectronic communication while availing the claim and filing the relevant\ndocumentation.&nbsp;<\/p>\n\n\n\n<p>All non-life insurers are requested to furnished detail regarding claims of floods to the <strong><em>General Insurance<\/em><\/strong><sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/General_insurance\"><strong><em>[1]<\/em><\/strong><\/a><\/sup> Council via a format that is used for Amphan cyclone claims. The insurance companies are required to proactive measures for speedier settlement of claims in areas affected by flood and furnish info of the same in an aforesaid way.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion&nbsp;<\/strong><strong><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>IRDA has certainly taken a generous move in the purview of the recent natural calamity. This would come as a sigh of relief for the victim of the flood dealing unprecedented financial crisis. As soon as the aforementioned guidelines come into effect, the insurance companies soon start rolling out a claim to the policyholders. Contact <a href=\"https:\/\/corpbiz.io\/\"><strong>CorpBiz<\/strong><\/a> to avail subtle detail on the said topic i.e.&nbsp;insurance claim for the flood victims<strong>.&nbsp;<\/strong> <\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/code-on-social-security-2020\/\">An Outlook on the Code on Social Security, 2020: Latest<\/a><\/mark><\/p>\n\n\n<a href=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/10\/Telangana-AP-Floods-Oct-2020.pdf\" class=\"pdfemb-viewer\" style=\"\" data-width=\"max\" data-height=\"max\"  data-toolbar=\"bottom\" data-toolbar-fixed=\"off\">Telangana-AP-Floods-Oct-2020<br\/><\/a>\n<p class=\"wp-block-pdfemb-pdf-embedder-viewer\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Insurance Regulatory and Development Authority of India i.e. IRDA announced guidelines for insurance claim for the flood victims in Andhra Pradesh. The notification primarily addresses the CEOs of the insurance companies.&nbsp;&nbsp;IRDA has rolled out the following directions for the insurance companies in view of the recent natural calamity:- Appointment of Nodal Officer The concerned entities [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":18746,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[153],"tags":[1166],"acf":{"service_id":"220"},"authorName":"Pankaj Tyagi","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2022\/01\/MicrosoftTeams-image-42.jpg","authorDescription":"Pankaj has a diverse experience of writing research papers, blog, and articles during his college time. Earlier, he was working as a tax consultant in a financial firm, but his interest in writing drives him to pursue a career in the writing field.","postViews":2981,"readingTime":3,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/18737"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=18737"}],"version-history":[{"count":6,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/18737\/revisions"}],"predecessor-version":[{"id":18752,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/18737\/revisions\/18752"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/18746"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=18737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=18737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=18737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}