MetLife India Insurance Co. Pvt Ltd. launched

Kochi, Feb 17: MetLife India Insurance Co. Pvt Ltd. launched two propositions, Mangalyam and Harishri, a Met Smart Plus unit linked savings-cum-insurance plan for the customers of Dhanalakshmi Bank.

Mangalyam was designed to plan for the daughter's wedding expenses and Harishri for the childrens higher education expenses.

Commenting on the products Dhanalakshmi Bank MD&CEO P S Prasad told reporters here, ''we are happy that MetLife has come out with two insuracne products relevant to people at different stages in their lives and products that enable an individual to get the best value for the objectives he or she has in mind.'' Designed specifically to cater to the latent need among parents to secure their children's future, the products would generate overwhelming response from the people, he claimed.

Children's wedding and education expenses were big milestones for a parent, hence, planning for these were critical. Factoring in inflation, these milestones 15-20 years from now would require a large outlay, and these plans would cater to these demands, he added.

''Our guiding principle at MetLife is to understand our customers' needs and provide suitahle solutions. We are confident that both Mangalyam and Harishri will provide financial security to families of Dhanalakshmi Bank custoemers and make them happy and prosperous,'' said MetLife Mangaing Director Rajhesh Relan.

UNI