Swift settlement of insurance coverage claims relieves households of J&K Financial institution prospects

Excelsior Correspondent

Srinagar, Feb 24: In a significant aid to the affected households, J&Ok Financial institution facilitated fast settlement of MetLoan & Life Suraksha (MLLS) insurance coverage claims of its deceased debtors who had their accounts in numerous branches of the Financial institution’s Rajouri Zone. Since previous couple of months, the claims price Rs 3.60 crores had been paid to the members of the family of the deceased prospects.
The Financial institution’s Zonal Head (Rajouri) Satish Kumar displayed the symbolic cheque price Rs 3.60 cr handed over to the nominees/authorized heirs of the deceased prospects with Regional Supervisor (Credit score Life – PNB MetLife) Nisar Ahmad in presence of Department Heads and different officers of PNB MetLife.
Expressing gratitude to the Financial institution and its insurance coverage associate PNB MetLife, the recipients described settlement of claims as an enormous aid for the kith and kin of the deceased. ”
Talking on the event, officers from the Financial institution and the insurance coverage firm highlighted the importance of getting loans insured. “With a single-premium choice alongside the financial institution finance accessible for the shoppers, the households of debtors could be safeguarded in case of such unexpected eventualities”, the Zonal Head stated, including that the Financial institution shall proceed to coach folks about of advantages of getting their loans insured for the monetary safety of their very own households.
Representing PNB MetLife, Nisar Ahmad Khan reminded the shoppers of the goodwill of J&Ok Financial institution, which all the time advises its purchasers to get their loans insured in order that their family members are taken care of in case of such unforeseeable eventualities.