PNB MetLife India Insurance Company Ltd (PNB MetLife) on Sunday announced the launch of its loan protection plan, Met Flexi Shield for PNB’s home and education loan customers.
This proposition provides protection against loan liability, in the event of unforeseen circumstances of the death of the borrower and offers full financial protection to the family.
“With the launch of this offering, we have added a customised life insurance product, which comes at competitive rates and offers best service to our customers at the branches”, said K.R. Kamath, Chairman and Managing Director of PNB.
The launch coincided with the auspicious day of Baisakhi, which happened to be the foundation day of the bank. Rajesh Relan, Managing Director and Country Manager, PNB MetLife, said this is the company’s first bundled proposition for PNB customers.
benchmark partnership
“With the launch of this compelling offering, we are taking another step in our journey to create a benchmark partnership and bring our products, technology and capabilities to PNB customers, to help achieve financial security ”.
srivats.kr@thehindu.co.in