pnb: PNB MetLife’s claim settlement ratio surpasses 99% in FY23

PNB MetLife on Saturday stated it has achieved a declare settlement ratio of 99.06 per cent and 99.70 per cent for particular person and group prospects' claims, respectively, in FY2022-23.Punjab Nationwide Financial institution promoted life insurer paid 19,768 claims totaling Rs 829.79 crore, demonstrating its deep dedication to standing by prospects when it issues essentially …

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PNB MetLife on Saturday stated it has achieved a declare settlement ratio of 99.06 per cent and 99.70 per cent for particular person and group prospects’ claims, respectively, in FY2022-23.

Punjab Nationwide Financial institution promoted life insurer paid 19,768 claims totaling Rs 829.79 crore, demonstrating its deep dedication to standing by prospects when it issues essentially the most, PNB MetLife stated in a press release.

Whereas that is the corporate’s highest claims settlement efficiency for each particular person and group prospects over the previous three years, PNB MetLife has constantly paid over 97 per cent of claims demonstrating the corporate’s strong declare administration practices and high-quality customer support.

“Our dedication to investing in cutting-edge options and fostering a tradition of innovation ensures that we ship a easy and hassle-free buyer expertise,” the corporate’s MD Ashish Kumar Srivastava stated.

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