Published on 21/10/2020 10:23:43 AM | Source: PNB Metlife
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Millennial, a prime age group roughly from 22-37 years, are quite enthusiastic about their future growth in professional as well as a personal sphere. They have witnessed a paradigm shift in India economy, society, technology and many other domains. A unique generation that has entered the 21st century by adopting a new lifestyle, millennials are quite distinct as compared to the earlier generation. Such a scenario can be stressful as there are no laid down paths for them, especially in the financial arena, as it was for their earlier generation. It is in this regard that life insurance can do the trick.
What is Life Insurance?
Benefits of Life Insurance Policy for a Millennial
Here are some of the crucial benefits that life insurance has to offer every millennial.
What Kind of Insurance Policies Should a Millennial Buy?
Insurance companies offer a variety of life insurance products, such as
Choosing the right type of Life Insurance is important for your financial goals, whether it is long term, short term or both.
Factors that affect the life insurance cover
It is quite understandable that a life Insurance policy may not top your checklist at this point in time of your life, but it would turn out be a vital part into shaping your financial goals at some point. So, it is better to make the right call at an early age and avail holistic life insurance coverages at low premium rates.
*Tax benefits are subject to conditions and other provisions of the Indian tax laws and are subject to amendments made thereto from time to time.
Disclaimer:
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: indiaservice@pnbmetlife.co.in 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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