Finance Ministry Orders Swift Claim Settlements for Flood Victims

The Finance Ministry has directed PSU insurance companies to expedite claim settlements for those impacted by heavy rains and floods in Andhra Pradesh and Telangana. Special camps and simplified claim processes are planned, and nodal officers' contact details will be widely advertised to aid affected policyholders.

The Finance Ministry announced on Thursday that PSU insurance companies have been instructed to expedite claim settlements for those affected by heavy rains and floods in Andhra Pradesh and Telangana. Special camps will be organized, and claim processes will be simplified to provide relief.

The ministry has also mandated that the names and contact numbers of nodal officers be widely advertised, ensuring policyholders can easily reach the designated officers for assistance.

In a formal statement, the ministry reiterated its commitment to supporting flood victims, highlighting that both the central government and the finance ministry are dedicated to providing the necessary assistance promptly.

(With inputs from agencies.)