January 7, 2013: India‘s leading life insurance company, PNB MetLife India Insurance today launched 16 life insurance products that are compatible with new IRDA rules.
These new products are designed to help people in meeting various requirements like protection, wealth creation, tax saving, traditional and group platform.
Rajesh Relan, Managing Director and Country Manager, stated “At PNB MetLife, we have always designed our products keeping in mind our customer’s needs of financial protection, long-term savings and retirement. Our new product suite caters to all possible customers depending on their need analysis and risk appetite. As we have been promoting need-based selling with the objective of meeting a customer’s long-term agenda, we have among the highest persistency (13th month) in the industry pegged at 71.2%.”
Here is the list of new products launched:
1. Five ULIPs – Met Smart Platinum, Met Easy Super, Met Smart Child, Met Dhan Samriddhi and Met Smart One
2. Three Traditional plans – Met Endowment Savings Plan, Met Monthly Income Plan – 10 Pay and Met Money Back Plan
3. Eight groups plans – Loan & Life Suraksha, Met Complete Care, Met Group Term Life Plus, Met Superannuation, Met Group Serious Illness Rider, Met Group Accidental Death Benefit Rider, Met Group Accidental Permanent & Total Disability Plus Rider and Met Group Accidental Permanent & Partial Disability Plus Rider.
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