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JK Bank Chairman and MD hands out insurance payout to the family of deceased employee
- Srinagar
- 17 Sep 2019
Settling the insurance claims of one of the deceased member of JK Bank family, Mohammad Yousuf Khanday, J&K Bank Chairman and MD R. K. Chhibber handed over the insurance claim cheque worth Rs 20 Lac to the wife and son of deceased who was Senior Executive in the Bank, covered by Bank’s Term Life Insurance.
The family of the deceased received the claim cheque from PNB MetLife under Term Life Insurance in presence of Special Secretary to Chairman Karanjit Singh and Vice President HR Nissar Zargar.
Speaking on the occasion, the CMD said, “Our staff is the most important of stakeholders in this institution, and we have to take care of every single member besides taking all the financial safeguards for his/her family to keep them insulated against any unanticipated eventuality.”
