Through a corporate agency arrangement, PNB MetLife insurance solutions will now be available via Unity Small Finance Bank’s 111 branches in 17 states.
28 March, 2023 – PNB MetLife, one of the leading life insurance companies of India and Unity Small Finance Bank (Unity Bank), a modern digital-first bank, have entered into a bancassurance agreement, giving customers greater access to PNB MetLife’s life insurance solutions via any of Unity Bank’s 111 Branches in 17 states.
The agreement, signed by Sameer Bansal, Chief Distribution Officer, PNB MetLife, and Inderjit Camotra, MD & CEO of Unity Bank, will give the bank’s 15 lac+ customers easier access to a variety of life insurance products, including Retirement Solutions, Long-Term Savings Solutions, and Child Education Solutions.
“Many Indians lack access to insurance and continue to risk life un-insured. This arrangement with Unity Bank will improve access to PNB MetLife’s solutions and help more people to live confidently knowing they’re financially protected against life’s uncertainties. This tie-up will further strengthen our distribution expanding our branch network, connecting us with Unity Bank’s extensive online customer base. With our broad range of customised solutions for risk management, we are confident that we will be able to address varied customer segments across India,” said Sameer Bansal, Chief Distribution Officer, PNB MetLife.
Inderjit Camotra, MD & CEO, Unity Small Finance Bank said, “Unity Bank is happy to partner with one of India’s leading private life insurer companies to offer our customers value added solutions for their life insurance needs. We constantly endeavour to introduce innovative and customer centric solutions for our customers and believe that PNB MetLife’s insurance products clearly resonate with our vision. Through the tie up, we wish to help our customers secure themselves and their families and better prepare for their future."
About PNB MetLife India Insurance Company Limited
PNB MetLife India Insurance Company Limited (PNB MetLife), one of the leading life insurance companies in India (Source – CRISIL), has as its shareholders MetLife International Holdings LLC. (MIHL), Punjab National Bank Limited (PNB), M. Pallonji and Company Private Limited Jammu & Kashmir Bank Limited (JKB), and other private investors, with MIHL and PNB being the majority shareholders.
For more information, follow us on Twitter @PNBMetLife1, www.facebook.com/PNBMetLife, or visit PNB MetLife.
About Unity Small Finance Bank
UNITY SMALL FINANCE BANK is a registered Corporate Agent of PNB MetLife & its registration no. is CA0830Unity Small Finance Bank Limited is a Scheduled Commercial Bank, promoted by Centrum Financial Services Ltd with Resilient Innovations Pvt Ltd as a joint investor. It strives to be a Digital First Bank with a business model of collaboration and open architecture, uniting all its stakeholders to deliver a seamless digital banking experience. Driven by its mission to have the highest standards of Corporate Governance, Unity Bank has in place a strong Board comprising of industry veterans. Unity Bank commenced operations in November 2021. Mr. Vinod Rai, Former CAG of India is the Chairman of the Bank. For further details, please visit – www.theunitybank.com
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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 claimshelpdesk@pnbmetlife.com or indiaservice@pnbmetlife.co.in. 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.
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