Jaipur : Debit card which we usually use for shopping or withdrawing money. But have you ever thought that a claim can be received after someone’s death through this debit card? But a case has come to light in Rajasthan where after the death of a youth, the court has ordered to pay Rs 1.48 lakh for debit card insurance.
Insurance claim received through debit card for the first time after death
Actually, Madanlal Gera, resident of Malviya Nagar area of Jaipur, died in a road accident at Jawahar Circle on 5 March 2019. He had an account in Punjab National Bank and an ATM card i.e. debit card was issued from that account. After the death of his father, son Yudhishthir demanded insurance of Rs 1 lakh of debit card from the bank. But the bank refused to give the money for debit card insurance. After this, the son claimed debit card insurance in the consumer court on 11 July 2019.
Court gave this order to New India Insurance Company
This case went on in the court for about 5 years and now the verdict has been given by the court. The court has ordered New India Insurance Company to release payment of Rs 1 lakh and 9 percent annual interest rate to the wife of the deceased. Along with this, an order has also been given to give Rs 5,000 each to the victim’s family due to physical and mental pain.
Bank provides free accidental death insurance coverage
Let us tell you that the bank provides free accidental death insurance coverage to the debit card holder. Neither any premium nor any additional documents are taken from the card holder for insurance. Free insurance coverage on debit cards varies from bank to bank.
Only the nominee has to submit a paper
Advocate Gopal Shastri explains that for the insurance claim process, first of all the information about the nominee of the account holder is given. After this, the claim is submitted along with the hospital expenses, certificate and copy of the police report. In case of death of the account holder, the death certificate has to be submitted by the nominee. It is necessary to claim insurance within 60 days of the accident.
