ISLAMABAD - President Dr Arif Alvi while taking strong exception to the delay in the payments by State Life to the families of the deceased policyholders, ordered the management of State Life Insurance Corporation of Pakistan (SLICP) to pay death insurance claims to the widows of two different insurance policy holders.
He upheld the orders of the Wafaqi Mohtasib to pay the death insurance claims to the widows of policyholders in two separate cases and rejected the representations of SLICP in this regard.
According to the details, Mst. Nagina Fatima’s late husband had purchased a non-medical life insurance policy for Rs 1 million and paid annual premium amounting to Rs 54,890 on 31.12.2018. After his death in February 2019, the widow, being the nominee of the deceased policyholder, approached the SLICP for the payment of death insurance claim.
The SLICP repudiated her insurance claim without issuing her any notice, thereafter, the widow approached the office of the Wafaqi Mohtasib for the redressal of her grievance. Similarly, the husband of Mst.