AB Bank settles claim of Tk20 lakh against 'AB Nishchinto' account of deceased customer
The insurance covers up to Tk80 lakhs, the highest amount offered in the banking industry
Picture: Courtesy
AB Bank Ltd handed over a cheque of Tk20 lakhs to the nominee of a deceased "AB Nishchinto" Account holder where the account holder had her life insurance coverage from Metlife.
"AB Nishchinto" is a Fixed Deposit Account where the account holder would get life insurance with Metlife without paying any premium, said a press release.
The insurance covers up to Tk80 lakhs, the highest amount offered in the banking industry.
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AB Bank Deputy Managing Directors Abdur Rahman and Mahmudul Alam; MetLife Deputy Managing Director and Chief Operations Officer Kamrul Anam along with other senior officials from both the organisations were present on the occasion.
