Nabil Bank has completed one year of launching its insurance program for the account holders in an association with METLife Insurance. Under the scheme, the bank has been offering Rs 3 lakh worth of insurance against chronic illness wile Rs 75 in case of death of the account holder.
The bank has so far handed over the claim of Rs 2.01 crore to 86 account holders within a year of being launched. The bank has been providing health insurance claim of Rs 3 lakh for its account holders in case they go through the health challenges like Major Cancers, Stroke, First Heart Attack, Serious Coronary Artery Disease, Heart Valve Surgery, Primary Pulmonary Hypertension, End Stage Lung Disease, End Stage Liver Failure, Fulminant Hepatitis, Kidney Failure, Coma, Aplastic Anaemia, Major Organ/Bone Marrow Transplantation.
To be eligible for this scheme, customers need to have minimum daily balance of Rs 25K, as per the media statement.