By 121 News
Chandigarh 23rd August:- PNB MetLife, among India's leading private life insurers, announced the launch of its first online ULIP - MetLife Mera Wealth Plan a comprehensive and flexible online ULIP. The product offers multiple options to help plan for long-term investment goals or protection needs of customers linked to retirement, child education, or any other need-based requirement.
With flexibility at its core, MetLife Mera Wealth Plan provides multiple premium payment options for the customer. In addition, MetLife Mera Wealth Plan provides Loyalty Additions every year from end of 6th policy year till maturity. Customers can also choose between either Self-managed or Systematic Transfer Option based on their risk appetite.
Speaking on the launch, Niraj Shah, CFO, PNB MetLife said that at PNB MetLife, we have always designed our products keeping in mind the diverse and changing needs of our customers. MetLife Mera Wealth Plan therefore is an ideal value proposition because it provides the customer a great deal of flexibility to create his and her financial plan for wealth creation over long-term, while providing protection.
Niraj Shah further added that this product provides flexibility of paying premiums with the freedom to choose the structure of payouts. It also provides customers the option of investing their premium among six funds with the flexibility of redirecting future investments depending on the changing risk profile and market conditions. The extra advantage this product provides is Loyalty Additions every year after the policy completion of six years.
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