Failure To Settle Personal Accidental Insurance Policy, Panipat District Commission Holds PNB Liable For Deficiency In Service
Smita Singh
17 Feb 2024 6:55 PM IST

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17 Feb 2024 6:55 PM IST
The District Consumer Disputes Redressal Commission, Panipat (Haryana) held Punjab National Bank liable for deficiency in services for failure to settle the claim of Rs. 18 lakh after the demise of a valid policyholder. The bench directed PNB to pay the claim amount of Rs. 18 lakh to the nominee and pay Rs. 5,000 compensation along with Rs. 5,500 for the litigation costs incurred...
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