Ensuring a secure future for your children is no small task. With the ever-increasing cost of higher education, PNB MetLife is introducing its new Genius plan to help parents prepare financially.
This individual, non-linked, and non-participating life insurance plan provides both life insurance coverage and a savings plan that can be used to fund a child’s college education. Finally, parents have a chance to relax knowing that their children will have the necessary funds for higher education without having to worry about depleting their own savings.
Childhood is a time of wonder and discovery and with this in mind, PMLI has designed an exclusive Child Plan to help secure your child’s future. This plan offers guaranteed benefits, flexibility to save, a 1.5% higher benefit for the girl child, an in-built waiver of premium on death, and the option to choose additional protection against Accidental Total Permanent Disability (ATPD). Furthermore, existing customers get a 1.5% higher benefit too.
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 as well as how they would manage if they lost their ability to earn an income. We are excited to launch the PNB MetLife Genius Plan, a life insurance plan aimed at helping parents save for their children and live confidently.”
“While it is imperative to start saving early to benefit from compounding, very often, parents don’t know how or where to start saving, and the PNB MetLife Genius Plan aims to offer a simple solution that addresses these key concerns,” he added.
Ace Badminton player and the Brand Ambassador for PNB MetLife, PV Sindhu, said, “ I’m delighted that PNB MetLife has launched this solution to help parents across India to support their children’s future. I’m sure this plan will help parents tell their kids “Karo Bade Sapno Ki Tayyari” and enable their children to achieve their dreams and aspirations.”
Sindhu's father P.V. Ramana shared, "I would urge all parents to put a lot of thought into securing their child's future so they can shine bright in whatever field they choose for themselves. PNB MetLife Genius Plan is a brilliant plan that will help you to save your hard-earned money wisely and ensure your child's dreams stay on course despite uncertainties.”
The PNB MetLife Genius Plan provides a secure and simple solution for parents to save for their child's future with the added bonus of life insurance coverage. This plan is sure to bring peace of mind to parents, knowing their children's dreams are safe.