Public sector insurance companies deploy 279 teams in #Kashmir

Reaching out to the flood-hit people in Kashmir valley, Public Sector Insurance Companies has deployed 279 survey teams in valley, where 7,668 claims have so far been lodged with companies by the people.

As many 279 survey teams have been deployed in the valley by these Public Sector Insurance Companies for assessment of damaged and lost properties, an official spokesman said today.

He said that 6,768 claims so far have been lodged before the various Insurance Companies, out of which 120 claims stands disposed off, with adhoc amount paid to the Insurants to the tune of Rs 4.17 crores as 50 Percent of the ad-hoc payment.

The General Insurance Companies shall be holding a three- day mega camp for J&K flood Related Insurance claims from September 29 to October 1 under the banner 'Tatpar Aapke Saath'.

Among the services to be provided at these camps are on the spot guidance for claim settlement, receiving claim intimations from the flood affected families and deputing surveyors for assessment of loss.

A meeting was held today under the chairmanship of Principal Secretary, Finance, B B Vyas with representatives different insurance companies to take review on deployment of Survey Teams to expeditiously settle the Insurance claims and issues both under Life and General Insurance Sectors.

This is in the backdrop of Chief Minister, Omar Abdullah's communication to the Prime Minister Narendra Modi earlier this monthm requesting Union Finance Ministry to issue instruction to the Insurance Companies to activate their field Surveyors and Assessors and to establish offices across the State for timely disposal of insurance claims.