PNB MetLife and India Post Payments Bank (IPPB) have formed a strategic partnership to expand access to life insurance solutions across India. This collaboration combines PNB MetLife’s diverse range of life insurance products with IPPB’s vast network of 650 banking outlets, serving over 110 million customers. The goal is to bring life insurance to every household in India, enabling customers to protect their future and achieve their aspirations, and strengthening financial inclusion across the country.
The partnership reflects PNB MetLife’s commitment to making life insurance accessible to all Indians, and its CEO, Sameer Bansal, emphasizes that insurance is not just a product but a promise of security and resilience for families. India Post Payments Bank’s CEO, R. Viswesvaran, echoes this sentiment, highlighting the importance of partnering with PNB MetLife to offer customers a broader range of life insurance products tailored to their needs, as part of their mission to deliver inclusive financial services across the nation.
The partnership aims to deliver a robust ecosystem for life insurance awareness and adoption, giving more families greater security across India. By combining their strengths, PNB MetLife and IPPB aim to take meaningful steps towards achieving financial inclusion for all, staying true to the spirit of ‘Milkar Life Aage Badhaein’, which translates to “Taking meaningful steps towards life insurance”. This collaboration has the potential to make a significant impact in promoting financial inclusion and security for millions of Indians.