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Whole Life Wealth Plan with options for critical illness benefits
Highlights:
· Pay for a limited period, enjoy wealth creation with protection benefits
for whole of life
· Choose uninterrupted savings for your life goals through ‘Care Benefit’
· Create a personalized wealth plan with multiple fund options &
investment strategies
· Get rewarded for staying invested with fund boosters
Jammu, March
26: PNB
MetLife India Insurance Company, one of India’s leading private life insurers, has
launched PNB MetLife Whole Life Wealth Plan which offers a solution that
enables you to protect your family for whole of life and also safeguard your
goals through the optional ‘Care Benefit’.
A sound financial protection plan is the key
to realize your life goals and help shape your family's future the way you want
to. PNB MetLife Whole Life Wealth Plan
is a whole life protection and savings oriented unit linked insurance plan
which offers life insurance cover to protect your family in case of your
unfortunate demise and provides you with tailor-made solutions to achieve your
life goals, including an option where wealth creation doesn't take a back seat
even during a critical illness.
This
plan offers whole life cover with options of limited premium payment term of 8
years – 25 years. The plan rewards the
consumer with fund boosters at the end of the 10th and the 15th year for
staying invested under the policy.
While
ULIPs are primarily viewed as an investment tool, PNB MetLife’s Whole Life
Wealth Plan has seamlessly integrated health protection through the ‘Wealth + Care option’ under this
product. The policy provides life cover for whole of life and additionally
provides the unique benefit of waiver of future premiums on diagnosis of any
one of the covered critical illness.
At the launch of the new ULIP, Khalid Ahmad, Head – Product Management
said
“At PNB MetLife we believe in enabling our consumers with the power to
customize their investments while ensuring that their life goals stay protected.
This product offers dual benefits of whole life cover and investment. Additonally
there is an option where the company will waive off all future premiums incase
the customer is diagnosed with any of the covered critical illnesses under this
plan. There are 11 funds with 5 new funds and 2 new investment strategies providing
a broad specturm of investment opportunities to the consumer for investments as
per his/her risk appetite”.
About PNB MetLife
India Insurance Company Limited
PNB MetLife India Insurance Company Limited (PNB MetLife) has as its
shareholders MetLife International Holdings LLC. (MIHL), Punjab National Bank
Limited (PNB), Jammu & Kashmir Bank Limited (JKB), M. Pallonji and Company
Private Limited and other private investors, with MIHL and PNB being the
majority shareholders.
For more information, follow us on twitter @PNBMetLife1,
www.facebook.com/PNBMetLife or visit www.pnbmetlife.com
·
The marks “PNB” and “MetLife” are the registered
trademarks of Punjab National Bank and Metropolitan Life Insurance Company,
respectively. PNB MetLife India Insurance Company Limited is a licensed user of
these marks”.
·
For more details on risk factors, terms and
conditions, please read the sales brochure carefully before concluding the
sale.
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