PNB Metlife launches three life insurance products

NEW DELHI: PNB Metlife India Insurance today launched three new life insurance products including a monthly income plan.

The other two products are endowment savings plan and money back plan, PNB Metlife said in a statement.

Based on traditional platform, the products are designed to meet the various needs of policy buyers like protection, tax savings and wealth creation, while remaining compliant with IRDA's recent regulation for new products, it said.

"We have further enhanced the benefits of monthly income plan, a category that PNB Metlife probably pioneered in this country. In addition, we have now launched exciting money back and endowment plans which seek to maximise customer value while giving them the benefit of protection," said company's managing director Rajesh Relan.