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    PNB MetLife launches 16 products compliant with IRDA guidelines
    02-01-2014

    New product offerings addresses the customer need for protection, tax saving, investment and wealth creation


    New Delhi, January 2, 2014: PNB MetLife India Insurance Company Limited (PNB MetLife), one of India’s leading life insurance companies announced the launch of 16 new life insurance products today compliant with the IRDA guidelines. These products are designed to meet the various needs of policy buyers like protection, tax savings and wealth creation covering ULIPs, traditional and Group platform. PNB MetLife is providing customers with much needed financial security while simultaneously delivering other benefits such as guaranteed monthly income and guaranteed money back schemes through these offerings.

    Speaking about the new products, Rajesh Relan, Managing Director and Country Manager said “At PNB MetLife, we have always designed our products keeping in mind our customer 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.”

    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 (MetLife India) and has been present in India since 2001.

    PNB MetLife brings together the financial strength of MetLife Inc., one of the leading global life insurance provider and the credibility and reliability of PNB, one of India's oldest and leading nationalised banks. The vast distribution reach of PNB together with the global insurance expertise and product range of MetLife makes PNB MetLife a strong and trusted insurance provider. PNB MetLife is present in over 150 locations across the country and serves customers in more than 7,000 locations through its bank partnerships with PNB, JKB and Karnataka Bank Limited.

    PNB MetLife provides a wide range of protection and retirement products through its Agency sales of over 20,000 financial advisors and multiple bank partners, and provides access to Employee Benefit plans for over 800 corporate clients in India. With its headquarters in Bangalore and Corporate Office in Gurgaon, PNB MetLife is one of the fastest growing life insurance companies in the country. The company continues to be consistently profitable and has declared profits for last three Financial Years. 

    For more information, visit www.pnbmetlife.com

    Press Contacts

    PNB MetLife
    Pooja Garg Khan
    pgargkhan@pnbmetlife.com
    +91 9811315510    

    Penn Schoen Berland
    Karun Malik
    kmalik@ps-b.com
    +91 9582314567

    Disclaimer

    Collapsed Expanded

    As your trusted life insurance partner, PNB MetLife is with you amidst the current COVID-19 outbreak. Our policies also cover COVID-19 Claims. In case of a Death Claim, kindly submit the signed Claim Intimation Letter mentioning the policy number, brief of the insured event and other claim documents on the email mentioned herewith. Please write-in to us at claimshelpdesk@pnbmetlife.com or indiaservice@pnbmetlife.co.in. You can also call us on 1800-425-6969 for death claims intimations and for any queries on Monday - Saturday between 10:00 am - 7:00 pm.

    PNB MetLife Insurance, amongst the trusted Life Insurance companies in India, aims to provide a wide range of Life Insurance products that suits the needs of an individual at every stage of his life. Life Insurance Plans range from Term Life Insurance PlansTerm PlanProtection PlansLong Term Savings Plans , Retirement Plans & Child Education Plan.

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