President Dr Arif Alvi on Sunday directed the State Life Insurance Corporation of Pakistan (SLICP) to pay death insurance claim worth Rs 300,000 along with a profit to the family members of a deceased policyholder, who were not being paid the claim for almost three years.
He further asked the SLICP to form a panel of doctors for devising a policy on pre-insurance tests of proposed policyholders.
Dr. ArifAlvi issued the orders while rejecting a representation filed by SLICP against the order of the WafaqiMohtasib, President Secretariat Press Wing said in a press release.
The complainant SaadTaheer had alleged that his father had purchased a life insurance policy from the agency in 2013 for the sum assured of Rs 300,000/- with annual premium of Rs 18,406. His father died in 2020, and he filed the death insurance claim which was repudiated by SLICP on the ground that the deceased had a pre-insurance ailment of hepatitis-C, which he had deliberately hidden.
Feeling aggrieved, he approached the WafaqiMohtasib which asked SLICP to reconsider the matter and provide appropriate relief to the nominees of the deceased policyholder. SLICP, then, filed a representation with the President against the Mohtasib’s order.
The President held a hearing on the matter, and after listening to both sides, gave his decision.
