The District Consumer Disputes Redressal Commission, Solan (Himachal Pradesh) bench comprising D.R. Thakur (President), Vijay Lamba (Member) and Neelam Gupta (Member) dismissed a consumer complaint against PNB Metlife LIC Ltd. The bench observed that the insurance company received the premium. However, the acceptance of the insurance policy was not conveyed to the insured. Therefore,…The District Consumer Disputes Redressal Commission, Solan (Himachal Pradesh) bench comprising D.R. …
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Category: PNB MetLife Insurance
Rewari District Commission Holds PNB MetLife Insurance Co. Liable For Misrepresenting Term Of Policy And Misspelling Nominee’s Name
The District Consumer Disputes Redressal Commission, Rewari (Haryana) bench comprising Sanjay Kumar Khanduja (President) and Rajender Parshad (Member) held PNB MetLife India Insurance Company Ltd liable of deficiency in services and unfair trade practices for misrepresenting the Complainant that the term of the policies was five years and misspelling the name of the nominee. The bench directed the insurance company to refund the premiums of Rs. 2,59,997/- to the Complainant and pay a…
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Vijayalakshmi Natarajan: PNB MetLife appoints Vijayalakshmi Natarajan as chief risk & compliance officer
Bengaluru: Life insurer PNB MetLife has appointed Vijayalakshmi Natarajan as chief risk and compliance officer (CRCO) with effect from March 8, the company said in a statement on Tuesday.Natarajan, an industry veteran with over three decades of experience, is responsible for enterprise compliance, risk management, design and implementation of internal controls, and policies and procedures, the company said.Her duties also include managing the company’s fraud control unit (FCU), government…
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Empowering Women in Tech, PNB MetLife Awards AI-Data Science Scholarship
NewsVoirNew Delhi [India], March 21: Leading insurer PNB MetLife announced the awardee of its sponsored AGBA-PNB MetLife AI-Data Science scholarship award. The award reflects PNB MetLife’s efforts to promote female technology talent and support gender diversity across industries.The scholarship was awarded under the Aegis Graham Bell Award (AGBA) National Talent Hunt programme supported by Ministry of Electronics and IT, Government of India, which is dedicated to identifying, recognizing,…
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PNB MetLife Insurance with Godzilla, emphasises on trust with new brand ambassador
PNB MetLife Insurance with Godzilla, emphasises on trust with new brand ambassador
The brand’s decision to work with Godzilla came on the back of a multi-agency pitch
Click on the Image to watch the TVC.
PNB MetLife Insurance India has brought on board Godzilla to launch Smriti Mandhana, Vice Captain, Indian Cricket Team, as their new brand ambassador.
The brand’s decision to work with Godzilla came on the back…
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India needs 80-100 insurance companies: PNB MetLifeâs Sameer Bansal
Insurance penetration in India is among the lowest in major economies. The Insurance Regulatory and Development Authority of India (IRDAI) has come out with a vision of âInsurance for Allâ by 2047. Is the insurance industry ready to meet this challenge? In a conversation with DHâs Gyanendra Keshri, PNB MetLife Chief Distribution Officer Sameer Bansal explains the long journey India will have to chart for this aspiration, while also delving into this own companyâs…
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PNB MetLife Sells ULIP As Small Cap Fund; All Eyes On Insurance Regulator
PNB MetLife India Insurance Co. is currently selling a unit linked insurance plan under the label of small-cap fund, potentially opening the doors for mis-selling of the insurance product.This is because the ULIPs, by definition, are insurance products that have a part of the premium that is invested in the equity market. The other part determines the amount of life cover — the amount that a policy holder’s nominees receive in the event of their death.The label ‘small-cap fund’ is used by…
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PNB MetLife Insurance launches small cap fund in ULIP segment
PNB MetLife India Insurance has announced the launch of PMLI Small Cap Fund, a new fund within the Unit Linked Insurance Plan (ULIP) segment. The new fund offer (NFO) will offer policy holders an opportunity to create wealth over the policy life by investing in a diversified equity portfolio with focus on small-cap companies, PNB MetLife India said.The new fund shall be available at a unit price of ₹10 during the NFO period i.e. till February 29, 2024.”The PNB MetLife Small Cap Fund offers…
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PNB MetLife Unveils Small Cap Fund to Harness Growth of Future Giants
In a move that marks a significant addition to its investment offerings, PNB MetLife India Insurance Company Limited has rolled out the PMLI Small Cap Fund, a strategic initiative within the Unit Linked Insurance Plan (ULIP) sphere. This new fund is set to offer an enticing blend of life insurance and wealth creation by focusing on small-cap companies poised for substantial growth. Launched on February 19, 2024, this initiative…
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Wealth Creation with PNB MetLife’s PMLI Small Cap Fund
PNB MetLife India Insurance Company has unveiled its latest financial offering, the PMLI Small Cap Fund. This innovative addition to their lineup falls under the Unit Linked Insurance Plan (ULIP) segment, providing policyholders with a unique opportunity to build wealth over the policy’s lifespan.
Diversified Equity Portfolio
The PMLI Small Cap Fund distinguishes itself by offering investors access to a diversified equity portfolio, with a particular emphasis on small-cap…
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Source: https://www.timesbull.com/trending/news/wealth-creation-with-pnb-metlifes-2024-02-21-200225.html