Insurers have rushed to settle claims of personnel killed in the helicopter crash near Coonoor. New India Assurance settled a personal accident claim of ₹30 lakh of Brigadier LS Lidder within one hour of the claim intimation.
Brigadier Lidder had his salary account with Axis Bank, which in turn has a tie up with New India Assurance to provide group personal accident insurance cover for the account holders.
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“Our office swung into action immediately on receipt of claim intimation from the bank at 2 PM on December 10. The personal accident claim of ₹30 lakh was paid within one hour,” said Atul Sahai, Chairman cum Managing Director, New India Assurance.
United India Insurance too settled claims of the personnel who died in the crash.