PNB Met Life launches term plan

 

PNB MetLife India Insurance has strengthened its portfolio of online insurance solutions with the launch of a new term plan – MetLife Mera Term Plan (MMTP). The new term plan is available in online version only. It aims to enable customers to create their own financial protection plan and buy it online through a hassle-free process.

“We have gone forward in our online journey with the launch of MMTP. Our research showed that consumers value flexibility around products. It is this aspect that prompted us to have ‘flexibility’ in the core design of the product”, Tarun Chugh, Managing Director and CEO, PNB MetLife India Insurance told.

MMTP covers a customer’s need ranging from a simple term cover, monthly income for the family, child’s education expense, joint cover for the spouse, option to increase sum assured depending on life stages, among other benefits.