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Childbirth is one of the most important events in the life of parents. They plan their children only when they are completely able to provide for their children - emotionally as well as financially. However, despite all the planning, there is always the thought of uncertainty looming over every parent’s mind, irrespective of their age or wealth. This is where life insurance policy for your children chips in with a guaranteed sum of money that would help them in education as well as lead a dignified life.
Why Do You Need a Children’s Life Insurance?
Most Indian parents are quite protective of their child, and they want their child to be safe no matter what the circumstances are. This idea of protectionism emanates from a deep-rooted love for their children, which is why they try and save their income to ensure that their child leads a happy life in future. Thus, to guarantee a well-provided for and protected life for their child, parents can consider buying a children’s life insurance plan.
Now that you are well aware of the benefits let us look into the procedural aspects of life insurance policies for your children.
How to Choose Life Insurance for Children?
The financial market is filled with many companies who make tall claims about their insurance policies, so it becomes difficult to choose from the lot. However, there are basic parameters that need to be considered before buying life insurance for children.
You can also get an online quote or call customer support for further information on any of the policy details.
Visit PNB MetLife to know more about Long Term Savings, Term Insurance & Term Plan
*Tax benefits are as per the Income Tax Act, 1961, & are subject to amendments made thereto from time to time. Please consult your tax consultant for more details.
The aforesaid article presents the view of an independent writer who is an expert on financial and insurance matters. PNB MetLife India Insurance Co. Ltd. doesn’t influence or support views of the writer of the article in any way. The article is informative in nature and PNB MetLife and/ or the writer of the article shall not be responsible for any direct/ indirect loss or liability or medical complications incurred by the reader for taking any decisions based on the contents and information given in article. Please consult your financial advisor/ insurance advisor/ health advisor before making any decision.
PNB MetLife India Insurance Company Limited, Registered office address: Unit No. 701, 702 & 703, 7th Floor, West Wing, Raheja Towers, 26/27 M G Road, Bangalore -560001, Karnataka.
IRDAI Registration Number 117. CI No: U66010KA2001PLC028883. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding the sale.
The marks “PNB” and “MetLife” are registered trademarks of Punjab National Bank and Metropolitan Life Insurance Company, respectively. PNB MetLife India Insurance Company Limited is a licensed user of these marks.
Call us Toll-free at 1-800-425-6969.. Phone: 080-66006969, Website: www.pnbmetlife.com, Email: firstname.lastname@example.org or Write to us: 1st Floor, Techniplex -1, Techniplex Complex, Off Veer Savarkar Flyover, Goregaon (West), Mumbai – 400062, Maharashtra. Phone: +91-22-41790000, Fax: +91-22-41790203
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• IRDAI is not involved in activities like selling policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.
Disclaimer: . The aforesaid article presents the view or an independent writer who is an exp...
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As your trusted life insurance partner, PNB MetLife is with you amidst the current COVID-19 outbreak. Our policies also cover COVID-19 Claims. In case of a Death Claim, kindly submit the signed Claim Intimation Letter mentioning the policy number, brief of the insured event and other claim documents on the email mentioned herewith. Please write-in to us at email@example.com or firstname.lastname@example.org. You can also call us on 1800-425-6969 for death claims intimations and for any queries on Monday - Saturday between 10:00 am - 7:00 pm.
PNB MetLife Insurance, amongst the trusted Life Insurance companies in India, aims to provide a wide range of Life Insurance products that suits the needs of an individual at every stage of his life. Life Insurance Plans range from Term Life Insurance Plans, Term Plan, Protection Plans, Long Term Savings Plans , Retirement Plans & Child Education Plan.