The Jammu and Kashmir (J&K) Bank has facilitated the swift settlement of insurance claims for five families of deceased borrowers in its Mumbai zone, providing relief from financial burdens. The claims worth Rs 80 lakhs were paid under the bank’s MetLoan & Life Suraksha (MLLS) product, which provides life insurance coverage to borrowers. The settlement was enabled through the bank’s partnership with PNB MetLife.

The event was attended by senior officials of the bank and PNB MetLife, including the General Manager, Divisional Head, and Associate Director. The claimants expressed their gratitude for the quick redressal, appreciating the bank and PNB MetLife for their timely support. They praised the swift settlement, which relieved them of a significant financial burden.

The bank’s officials emphasized the importance of insuring loans to secure the financial future of families. They highlighted the benefits of products like MLLS, which can reduce the financial burden on borrowers and their families during challenging times. PNB MetLife’s Associate Director and Head also urged customers to consider loan insurance for their peace of mind, saying it can provide much-needed financial support to bereaved families.

This initiative demonstrates the bank’s commitment to providing customer-centric products and services, ensuring the well-being of its customers and their families. The settlement of claims under MLLS has brought relief to the affected families, and this initiative will continue to support them during difficult times.

PNB MetLife India Insurance Company Limited has launched a new campaign, “Aapka aage ka plan kya hai?” (What’s your plan next?), to encourage individuals to take charge of their retirement planning with confidence. The campaign, which is being promoted across TV, print, outdoor, digital, Meta, YouTube, and radio, is designed to inspire people to reflect on their aspirations and take proactive steps to secure their golden years.

The campaign’s central figure is the Grand Assured Income Plan (GAIN), an insurance solution that provides customers with a guaranteed annuity rate for a lifetime, ensuring financial security and peace of mind during retirement. The campaign’s core message is that retirement should be a time of fulfillment and not financial worry, and that it’s never too early to start planning for the future.

The campaign features a digital film that showcases a conversation between two friends, who, after a jog, sit on a park bench and talk about their retirement dreams. One friend describes a vivid picture of his retirement plans, including owning an apple orchard in Himachal Pradesh and starting a homemade jam business. The film also features PNB MetLife’s brand ambassador, cricketer Smriti Mandhana, who emphasizes the importance of securing one’s future through the company’s GAIN product.

The campaign also includes an interactive 3D immersive experience through a QR code on print, TV, OTT, and digital ads, which allows users to unlock a visual storytelling journey that reinforces the importance of financial planning. Overall, the campaign aims to nudge Indians to take their retirement planning as seriously as they do their careers.

The simplicity and relatability of the campaign’s message, combined with its digital-first execution, make it a strong contender for resonating with India’s diverse economic and cultural landscape. By encouraging people to reflect on their aspirations and take control of their financial futures, the campaign is encouraging individuals to prioritize retirement planning and financial security.

India Post Payments Bank (IPPB) and PNB MetLife India Insurance Company Limited (PNB MetLife) have entered into a strategic bancassurance alliance to offer life insurance solutions to millions of individuals across India. This collaboration combines PNB MetLife’s life insurance products with IPPB’s network of 650 banking outlets and 110 million customers, making life insurance more accessible to every household in India. The partnership aims to promote financial inclusion and help customers achieve their goals.

According to R. Viswesvaran, MD and CEO of India Post Payments Bank, “This partnership allows us to advance our mission of delivering inclusive financial services across the nation by offering our customers a broader range of life insurance products tailored to their needs.” Similarly, Sameer Bansal, MD and CEO of PNB MetLife, stated that the partnership reflects their commitment to making life insurance accessible to all Indians and their belief that insurance is a promise of security and resilience for families.

India Post Payments Bank, which was launched in 2018, has the mission to remove barriers for the unbanked and underbanked and reach the last mile using its postal network. PNB MetLife, on the other hand, is a major life insurance company with a strong presence in India, offering a range of products covering child education, family protection, long-term saving, and retirement. The partnership between the two companies aims to create a strong ecosystem for life insurance adoption and awareness, ultimately achieving financial inclusion for all.

PNB MetLife India Insurance Company Limited and India Post Payments Bank (IPPB) have formed a strategic partnerships to make life insurance solutions more accessible to millions of people across India. The alliance aims to leverage IPPB’s extensive network of 650 banking outlets, serving over 110 million customers, to offer PNB MetLife’s comprehensive portfolio of life insurance products. This partnership is a significant move towards achieving financial inclusion for all, as stated by PNB MetLife’s MD & CEO, Sameer Bansal, who believes that insurance is not just a product, but a promise of security and resilience for families.

IPPB’s MD & CEO, R. Viswesvaran, adds that the bank was founded on the principle of delivering inclusive financial services, and this partnership will help them advance this mission by offering customers a wider range of life insurance products tailored to their needs. The two organizations are committed to providing efficient and user-friendly services to meet customer needs effectively.

The partnership aims to build a robust ecosystem for life insurance awareness and adoption, giving more families greater security across India. With this collaboration, PNB MetLife and IPPB are taking significant steps towards achieving financial inclusion, ensuring that life insurance solutions become more accessible to every household in the country.

PNB MetLife India Insurance Company has launched a new campaign, “Aapka aage ka plan kya hai?”, aimed at encouraging individuals to take control of their retirement planning and make the most of their post-retirement years. The campaign, which incorporates various media channels, urges people to reflect on their aspirations and take proactive steps to secure a financially stable retirement.

The campaign’s core product is the Grand Assured Income Plan (GAIN), an insurance solution that provides a guaranteed annuity rate for life, ensuring financial security and peace of mind during retirement. Chief Marketing and Communications Officer, Sourabh Lohtia, emphasizes that the campaign is designed to help customers plan for a fulfilling retirement, free from financial worries.

The campaign’s digital film features a conversation between two friends discussing their retirement goals, which funnily enough, shows that even the friends themselves are unsure of their plans. A friend envisions himself owning an apple orchard, employing locals, and running a homemade jam business with global exports. PNB MetLife brand ambassador, Smriti Mandhana, highlights how customers can achieve such aspirations with the Grand Assured Income Plan, which guarantees a lifetime income and offers five annuity options.

The campaign also includes a 3D immersive experience, accessible through QR codes on print, TV, OTT, and digital ads, which allows users to explore a visually engaging narrative that underscores the importance of financial planning. Overall, the “Aapka aage ka plan kya hai?” campaign is an initiative by PNB MetLife to inspire people to take control of their retirement planning and make the most of their post-retirement years.

PNB MetLife India Insurance has formed a strategic partnership with India Post Payments Bank (IPPB) to offer life insurance solutions through IPPB’s 650 banking outlets, serving over 110 million customers. The goal of this partnership is to enhance financial inclusion and boost life insurance adoption and awareness in India.

The partnership aims to provide PNB MetLife’s life insurance products to a broader customer base, allowing customers to access life insurance solutions tailored to their needs. R Viswesvaran, MD and CEO of IPPB, stated that this partnership will help advance their mission of providing financial security to customers.

Sameer Bansal, MD and CEO of PNB MetLife, highlighted that this partnership is a shared commitment to making life insurance accessible to all Indians, emphasizing the importance of insurance as a promise of security and resilience for families.

This partnership builds on the companies’ previous collaboration on the Pradhan Mantri Jeevan Jyoti Bima Yojana life insurance scheme, which was launched in 2020. PNB MetLife, a joint venture between MetLife and Punjab National Bank, provides a range of products, including child education, family protection, long-term savings, and retirement planning. The company had 155 branches as of November 2024, reaching over 19,000 locations through banking partnerships.

Lift Insurance Firm PNB MetLife has partnered with Policybazaar to launch a new pension plan, the PNB MetLife Smart Invest Pension Plan, designed to help individuals plan for their golden years. This Unit-Linked, Non-Participating Individual Pension Plan is aimed at people aged 40-50, offering a flexible approach to early retirement planning.

The plan allows customers to choose an immediate annuity upon maturity or defer it for a few years, and up to 60% of the maturity amount can be withdrawn tax-free. The plan comes with two funds: Pension Mid Cap Fund and Pension Bond Fund, both available from February 1-14, 2025, at a NAV of ₹10.

The Smart Invest Pension Plan offers several benefits, including zero charges, extended vesting age up to 70 years, and market linked return flexibility. Individuals can choose from three strategies: Automatic Asset Rebalance, Systematic Transfer, or select between the Pension Mid Cap Fund for growth and the Pension Bond Fund for stability. Additionally, customers can make unlimited fund switches, premium redirection, and partial withdrawals after five years to meet specific needs.

Sameer Bansal, MD & CEO of PNB MetLife, commented on the new product launch, stating that the partnership with Policybazaar aims to make retirement solutions more accessible to people, particularly those using digital platforms, seeking financial guidance for their retirement planning. The Smart Invest Pension Plan is designed to provide customers with a flexible and tailored approach to planning for their golden years.

PNB MetLife India Insurance Company Limited has launched a new campaign, “Aapka Aage Ka Plan Kya Hai?” featuring Royal Challengers Bengaluru (RCB) captain, Smriti Mandhana. The initiative aims to encourage people to take control of their financial futures and plan for a secure retirement. The campaign urges Indians to think about their future and make proactive financial decisions to ensure a pleasant life after retirement. The Grand Assured Income Plan (GAIN) is the campaign’s centerpiece, a retirement plan that provides customers with assured annuity rates for life, ensuring financial security and peace of mind in their older years.

The campaign’s core is a digital film that illustrates the concept, depicting two friends discussing their plans after retirement. The campaign also includes an innovative 3D immersive experience, accessible through a QR code, which emphasizes the importance of financial planning for a secure and rewarding future. Smriti Mandhana, PNB MetLife’s brand ambassador, highlights how the PNB MetLife Grand Assured Income Plan can help customers achieve their retirement goals.

Sourabh Lohtia, Chief Marketing & Communications Officer, PNB MetLife, emphasizes that retirement should be a time of fulfillment, not financial worry. The campaign’s message is clear: “Retirement should be a time of fulfillment and not financial worry. We understand our customers’ aspirations, and ‘Aapka Aage Ka Kya Plan Hai?’ is their call to action. We’re here to help them plan for what’s next, from travel and new experiences to a financially secure retirement.”

The campaign is targeted at individuals to take a proactive approach to financial planning and to prioritize their future. By using the catchy tagline “Aapka Aage Ka Plan Kya Hai?”, PNB MetLife encourages people to think about their long-term goals and take actionable steps to ensure a secure and comfortable life after retirement.