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Today Date : Wednesday, July 24, 2024

PNB MetLife launches Genius Plan for their children’s education

PNB MetLife launches Genius Plan for their children’s education

PNB MetLife is launching a new solution to help parents financially prepare to support their
children’s education.PNB MetLife Genius plan is an individual, non-linked, non-participating, saving, life insurance plan that offers life insurance cover while allowing parents to save for their child’s education. 

Accidental Total Permanent Disability

Key benefits include of the plan include, guaranteed benefits to secure your child’s future, flexibility to
save with a unique and customisable pay out structure, 1.5% higher benefit for girl child, in-built
waiver of premium on death , option to choose additional protection against Accidental Total
Permanent Disability (ATPD) and 1.5% higher benefit for PMLI’s existing customers.

Announcing the launch of the PNB MetLife Genius Plan, Sameer Bansal, Chief Distribution Officer at
PNB MetLife said, "Education is one of the biggest costs we face in raising children and many parents
are worried about saving enough. We are excited to launch the PNB MetLife Genius Plan, aimed at
helping parents save for their children.“o provide additional benefit to parents of the girl child, PNB
MetLife Genius Plan’s variant Child Secure offers 1.5% higher income benefits if the policy is taken
for a daughter," Bansal said.