- Waiver of interest and late payment fee
Waiver of requirement or reduced requirements like DGH and/or Medical tests in select policies
The campaign is on till October 31, 2015
New Delhi, September 16, 2015
: PNB MetLife, among the leading private life insurers, today launched a reinstatement drive targeting customers of lapsed policies. This initiative will enable the customers to avail waiver on re-instatement charges including interest. Select customers would also have the benefit of reduced or zero medical/health requirements to re-instate the policy and enjoy the benefits. This will also ensure that the policy becomes eligible for bonuses if applicable.
Speaking on the occasion, Shiva Kumar N, Deputy Director Operations, PNB MetLife said, “The total protection level of the citizens of India is only about 60% of the GDP, while it is 99% and 178% in China and Malaysia, respectively. Hence it is critical for Indians to insure themselves against any eventuality so that their families are financially secure. Through our re-instatement drive we hope to help customers re-instate their lapsed policy and continue to enjoy the benefits over the policy term.”
To re-instate their lapsed policies, customers can call on 1800 425 6969 and choose option ‘8’ or visit the company website www.pnbmetlife.com
for more details.
About PNB MetLife India Insurance Company Limited
PNB MetLife India Insurance Company Limited (PNB MetLife) is a joint venture between MetLife International Holdings Inc. (MIHI), Punjab National Bank Limited (PNB), Jammu & Kashmir Bank Limited (JKB), M. Pallonji and Company Private Limited and other private investors, with MIHI and PNB being the majority shareholders. PNB MetLife was previously known as MetLife India Insurance Company Limited and has been present in India since 2001.