“The commission allowed the complaint and ordered the bank and insurer to treat the deceased borrower as insured under the policy from the date of his death. It directed PNB MetLife to pay the insured…”
“It directed PNB MetLife to pay the insured amount to the family, after adjusting the Rs 16,000 premium already deducted, along with 5 per cent interest from the date the complaint was filed until the…”
“If any money had already been recovered — or was still being recovered — from the family towards that loan, it would have to be dealt with as per the law and the terms of the policy. The bank and ins…”
