PNB MetLife Announces Bonus For Policyholders, Rs 532 Crore
- ByAyushi Ray | July 16, 2021
PNB MetLife Announces Bonus for Policyholders, Rs 532 crore. PNB MetLife has been consistently declaring bonuses on participating products every year. This year’s bonus amount exceeds the previous year’s bonus by 7 per cent. 4.6 lakh customers, whose policies are in effect as of March 31, 2021, will be benefiting from this bonus amount. Policyholder bonus is the share of profits generated by the company’s participating funds which are paid to the customers at various benefit events. PNB MetLife has strong fund management capabilities along with robust risk management practices that have enabled the company to reward policyholders with higher bonus pay-outs.
Significant peer fund and benchmark index outperformance across key categories makes PMLI a preferred choice for their policyholders, across their journey for long-term wealth.. Ashish Kumar Srivastava, MD & CEO, PNB MetLife, said, “We believe in our purpose to help customers build a more confident future. Even in these unpredictable times, our focus remains firmly on the well-being of our customers. We are proud of our prudent management practices, despite these trying times we have delivered steady growth on our participating products over the years. The declaration of this Rs 532 crore bonus reinforces our commitment to helping our customers reach their financial aspirations through every stage of life.”