CURRENT AFFAIRS

Detailed explanation-1: -IMPORTANT POINTS : A) Karnataka Bank is a Corporate Agent and also a Master Policy Holder of KBL Suraksha. B) The Underwriting of risk, premium dues and payment of claims is as per the policy terms & conditions of the insurer.

Detailed explanation-2: -“KBL – Surkasha” is a unique Personal Accidednt Policy providing financial securities to the family members of our SB Account Customers. M/s Universal Sompo General Insurance Co Ltd, (M/s USGICL) is providing this insurance cover for accidental death.

Detailed explanation-3: -The Pradhan Mantri Suraksha Bima Yojana is a government-backed accident insurance scheme that covers accidental death, permanent disability, and partial disablement. Individuals between 18 years and 70 years are eligible to apply for this scheme.