PNB MetLife announces a bonus of Rs.930 crore for eligible participating policyholders, benefiting 5.82 lakh customers.

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This year's bonus marks a significant 21% increase from the previous year, with an additional Rs. 161.40 crore taking the bonus amount declared this year to INR 930 Cr.

The number of eligible beneficiaries has increased by 30,000 policyholders, representing a growth rate of 5.43% against last year.

“The Rs.930 crore bonus declaration this year reinforces our commitment to generate the best possible outcomes for our customers' financial security and long-term prosperity.” stated Sanjay Kumar, Chief Investment Officer, PNB MetLife.

“Life insurance policies are designed for the long term, and participating insurance products allow us to reward customers throughout the policy term.”, he added.

PNB MetLife India Insurance Company Limited (PNB MetLife) is a leading life insurance company in India with a strong presence across the nation with 149 branches and access to customers in over 18,600 locations through bank partnerships.

PNB MetLife offers a product portfolio covering Child Education, Family Protection, Long-Term Saving and Retirement policy schemes.