MetLife launches insurance product online
Met Protect would allow customers within the age group of 21-45 years to avail of life cover protection through the Internet, MetLife said in a statement.
Term Insurance is a product that provides protection only for a specified period of time.
"By launching Met Protect, we are taking yet another step to reach our customers and empower them to self-design their protection plan with least effort and time," MetLife Managing Director Rajesh Relan said.
Met Protect would offer customers single and semi-annual premium payment option, the first of its kind amongst all the term products available online.
"This is part of our larger strategy towards increasing our distribution reach and enabling us to maximise the benefits in order to provide value to the customers," he added.
MetLife currently has...over 55,000 financial advisers and bancassurance distribution channel offering products to 17 million customers. MetLife India is a joint venture between the US-based MetLife International Holdings,
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