PNB MetLife will give a bonus of Rs 594 crore to its customers, 4.95 lakh policyholders will benefit

There is good news for the customers of PNB MetLife. PNB MetLife India Insurance Company has announced a bonus of Rs 594 crore for all eligible policyholders taking participating policies. The insurance company gives bonus every year to its customers who take participating policies. The bonus amount announced for FY 2022 is 12% higher than FY 2021. 4.95 lakh customers will benefit from this bonus amount. The policyholder bonus is part of the profit generated by the participating fund of the company which is paid to the customers in specific benefit events.

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company statement

Ashish Kumar Srivastava, MD & CEO, PNB MetLife, said, “As a company, our business goals revolve around the customers and we strive to help our customers have a more secure financial future. Though the market was volatile due to the pandemic, we at PNB MetLife have been able to deliver consistent returns to our policyholders.” He further said, we are happy to announce that our annual bonus for FY 2022 is Rs 594 crore and this is the highest ever bonus since our inception. Our clients have placed faith in us in achieving their long term financial goals and we are confident that they will come true.”

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What is Policyholder Bonus

Policyholder Bonus is part of the profit generated by the participating funds of the company which is paid to the customers in specific benefit events. PNB MetLife’s sound fund management coupled with sound risk management has enabled the company to consistently pay bonuses to its customers. PNB MetLife Insurance Company follows the ‘Circle of Life’ approach, which provides solutions for different life stages including children’s education, family protection, long-term savings as well as retirement benefits.

Customers who invest in life insurance plans like PNB MetLife Century Plan, PNB MetLife Super Saver, PNB MetLife Retirement Saving Plan and PNB MetLife Bachat Plan get the benefit of life insurance coverage. Through this, customers not only achieve their goals but also get an opportunity to make money through bonuses and pay-outs.