Excelsior Correspondent
KATHUA, Jan 5: J&K Bank has facilitated the expeditious settlement of insurance claims amounting to Rs 2.02 crore under its MetLoan & Life Suraksha (MLLS) scheme. The settlement has benefitted 38 families of deceased borrowers across various branches in the Kathua Zone, providing timely financial relief and easing the burden during their difficult circumstances.
The symbolic cheque representing the total claim amount was displayed by the Bank’s Zonal Head (Kathua) Suresh Kumar Chowdhary along with PNB MetLife’s Associate Director & Head Irfan Ali Zargar in presence of Cluster Head (Kathua) Parshotam Kumar, Cluster Head (Mohali) Vishal Pandhoh and Cluster Head (Samba) Virender Pal Singh Jasrotia.
The occasion was also attended by Branch Heads, Managers (Advances), Zonal Insurance Coordinator Harbans Lal, and officials from PNB MetLife, including the Regional Manager and Senior Territory Manager.
The nominees and legal heirs who received the insurance benefits expressed heartfelt gratitude to the Bank and its insurance partner for the timely and seamless settlement of claims.
Speaking on the occasion, Zonal Head (Kathua) Suresh Kumar Chowdhary underscored the importance of loan-linked insurance in safeguarding families against unforeseen adversities. “In times of distress, it is our responsibility to stand by our customers and their families. By securing loans through MetLoan & Life Suraksha, we ensure that financial liabilities do not compound the emotional trauma faced by bereaved families, while also protecting the interests of all stakeholders,” he said.
Reiterating PNB MetLife’s commitment to policyholders Associate Director & Head Irfan Ali Zargar said, “Every claim tells a story of trust placed in us. We understand that insurance is not just about protection- it is also about keeping the promises we make to our customers and their families. When life takes an unexpected turn, our customers count on us to stand beside them and deliver on that promise.”
The quick settlement once again reflects the Bank’s customer-centric approach and its continued focus on providing comprehensive financial security solutions in partnership with trusted insurers.
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