Hyderabad: Karnataka Bank LB Nagar branch has handed over Insurance to kin of victim

LB Nagar: Karnataka Bank LB Nagar branch has handed over a DD for Rs 10,00,000 to the nominee Vemula Renuka, wife of Vemula Bhasha who died in a road accident. Bhasha was a customer of our branch.

The Assistant General Manager of Hyderabad Region, Anil E Moris, informed that Karnataka Bank offers a unique accidental death insurance scheme to its customers – KBL SURAKSHA. The unique feature of the scheme is that customer has to pay just Rs 147.5 premium per annum including GST.

In case of accidental death of customer, insurance company Universal Sompo General Insurance Co. Ltd. will pay Rs 10 lakh to the nominee. Branch Manager Mohammed Hassan Razvi informed that they are informing and educating about this scheme to each and every customer of the branch. Zonal Manager of Universal Sompo General Insurance Co. Ltd. Ajay Kumar P and other officials were present.