MetLife Insurance Company is an affiliate of Metlife Inc and is headquartered in Bangalore. It was established in India as a JV between the Jammu and Kashmir Bank, M. Pallonji and Company Ltd., MetLife International Holdings and private investors. Conceptualised in March 2001 and declared profits of 35 crores in the end of financial year 2010-11. The corporate partners of MetLife India Insurance include Jammu and Kashmir Bank, Karnataka Bank, Dhanalakshmi Bank and Punjab National Bank. Some of the non banking partners of MetLife India Insurance are Karvy, Way2Wealth, Mini Muthoothu and Geojit Securities.
Metlife Inc is known globally as one of the leading provider of insurance, annuities and employee benefit schemes.
MetLife Insurance - Product Portfolio
MetLife Plans are innovative and cater to individual and group customers and are categorized into the following:
MetLife Term Plans
These are pure life insurance plans that give you a higher life cover and ensure that all your liabilities are covered. They are high on the protection component.
MetLife ULIP Plans
These are wealth plans that have dual advantage of life cover and wealth optimization. They also provide you a number of flexibilities and fund options to choose from.
MetLife Child Plans
Metlife child policies help you plan your child’s future, so that you can fulfil all your child’s needs without facing any financial hindrances.
MetLife Pension Plans
These pension plans aim to give you a tension free old age.
MetLife Monthly Income Plans
These unique plans give you a guaranteed regular stream of additional income for you and your family.
MetLife Traditional Plans
These are savings plans that help you to realize different milestones in your life by provisioning for your future.
MetLife Health Plans
These are savings plans that help you to achieve your life’s goals by provisioning for your future.
MetLife Rural Plans
These economical plans help to protect your loved ones from financial liabilities.
To explore the best insurance plan that suit your needs compare all Metlife insurance plans from other life insurance companies in India.
Metlife Distribution Network:
Since its inception MetLife insurance company has built its presence in over 600 cities and distributes its products through through its 29 bank partners across retail and group business, strong broker network and an agency force of over 30,000 financial advisors.
You can also buy their products online through insurance aggregators.