Swift Settlement Of Insurance coverage Claims Relieves Households Of J&K Financial institution Prospects – Kashmir Observer

Swift Settlement Of Insurance coverage Claims Relieves Households Of J&K Financial institution Prospects – Kashmir Observer

Srinagar- In a significant reduction to the affected households, J&Ok Financial institution facilitated the swift settlement of MetLoan & Life Suraksha (MLLS) insurance coverage claims of its deceased debtors who had their accounts in several branches of the Financial institution. Since final month, the claims price Rs 87 Lacs had been paid to the members of the family of deceased clients who belonged to the Anantnag Zone.

The Financial institution’s Zonal Head (Anantnag) Khursheed Muzaffar displayed the symbolic cheque price Rs 87 Lacs handed over to the nominees/Authorized Heirs of the deceased clients with Zonal Head (Credit score Life – PNB MetLife) Irfan Ali Zargar in presence of Financial institution’s Cluster Heads Shaista Khan, Junaid Ahmad Wani and Shariq Mehraj, Zonal Insurance coverage Coordinator Ayman Ali Malik, Department Heads and different officers of the Financial institution and PNB MetLife together with Space Supervisor Peer Jeelani and Territory Supervisor Mudasir Hassan Sheikh.

Expressing gratitude to the Financial institution and its Insurance coverage companion PNB MetLife, claimants described settlement of declare as an enormous reduction for the households amid robust instances. “We expect we’ve got been lucky sufficient to have this insurance coverage coverage/Cowl, the well timed settlement of which has relieved us of big monetary burden.”

Talking on the event, each the officers from the Financial institution and the insurance coverage firm highlighted the importance of getting the loans insured. “With a single-premium possibility alongside the financial institution funding obtainable for the purchasers, we will safeguard the households of debtors in case of such unexpected eventualities”, stated Zonal Head (Anantnag) including, “let’s pledge to do our greatest by advising the debtors to safe the way forward for their households by getting their loans insured.”

Representing PNB MetLife, Irfan Ali Zargar reminded the purchasers of the goodwill of J&Ok Financial institution, which he stated, all the time advises its shoppers to get their loans insured in order that their family members are taken care of in case of unseen contingencies. “We can’t compensate the emotional lack of life however with good insurance coverage merchandise we may also help in relieving the monetary burden of the bereaved household”, he stated.

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