Heavy rainfall likely in Karnataka from May 30, Yellow alert issued in ten districts
Bengaluru: The State Meteorological Department has announced a yellow alert for ten districts in the southern parts of Karnataka as the intensity of rain is expected to further increase from May 30. With the monsoon anticipated to enter the state in the first week of June, the department has predicted the possibility of heavy rainfall even before its arrival.
Starting from May 30, the current low intensity of rain is forecasted to escalate. Additionally, on May 31 and June 1, there are chances of heavy downpours in the southern interior districts. As a result, a yellow alert has been issued for Bangalore Urban, Bangalore Rural, Chikkaballapur, Chikkamagaluru, Kodagu, Mandya, Ramanagara, Tumkur, and Chamarajanagar districts on May 31 and June 1.
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The Meteorological Department has also highlighted the anticipated increase in rainfall in the coastal and northern inland districts of the state. Recent heavy rains have already caused disasters in various parts of Karnataka, including Bengaluru, and some lives have been lost due to the inclement weather. District administrations have taken precautionary measures in several districts to mitigate the impact of the ongoing rainfall.
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LIC warns Policyholders about unofficial policy acquisitions
Mumbai, June 24, 2024: The Life Insurance Corporation of India (LIC) has issued a notice to its policyholders in light of recent news articles and publications about some entities offering to acquire LIC policies. These acquisitions, presented as an alternative to surrendering policies to LIC, have raised concerns among policyholders.
LIC clarified that it is not associated with any such entities or the products and services they offer. Any statements made by former LIC employees or personnel regarding these entities are personal opinions, and LIC disclaims any responsibility for them.
The notice emphasized that any sale, transfer, or assignment of LIC policies must comply with the Insurance Act, 1938, particularly Section 38. LIC reserves the right to refuse any such transactions if it believes they are not genuine, not in the policyholder's best interest, not in public interest, or intended for trading insurance policies.
LIC urged all policyholders to exercise caution before making decisions about their policies, which could jeopardize their financial security and the risk cover for their families. They advised consulting LIC officials at their branches before responding to any such offers.
LIC reaffirmed its commitment to transparency and protecting its policyholders' interests. For further information, policyholders can contact the Executive Director (CC) at LIC's Central Office in Mumbai via email at ed_cc@licindia.com or visit their website at www.licindia.in.
