Excelsior Correspondent
SRINAGAR, Nov 8: Punjab National Bank (PNB) MetLife settled a claim worth Rs 83 lakh of Late Ali Mohammad Dar from Srinagar. Dar had bought three policies from the PNB Metlife counter at the J&K Bank in 2011.
The claim was received by Riyaz Ahmad Dar, son of the policy holder from Parvez, Executive President, J&K Bank.
Handing over the cheque, Parvez, Executive President, J&K Bank expressed his condolences and said, “While we cannot do anything to mitigate the emotional loss, we can at least ensure that financially our policyholder’s dependents are secure.
For J&K Bank and its partner PNB MetLife, it is critical that we deliver on our promise of ensuring financial protection of our customers, he added.
PNB MetLife with J&K Bank as a partner has secured over 208,000 lives in the Valley and paid over 995 claims worth Rs 21 crore, he informed.
At PNB MetLife, the claim process is very simple ensuring that the dependents are able to get the insured amount (Sum Assured) at the earliest. Even if the claimant is unable to procure the required documentation, the PNB MetLife team along with their partners like JKB, makes an attempt to assist the claimant at every level leading to an early claim settlement.
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