Life insurer PNB MetLife has declared ₹930 crore bonus for FY24, a payout that will benefit 5.82 lakh customers.
Compared with the bonus in the previous fiscal this is 21% more. Compared with top FY23, the number of eligible beneficiaries – participating policyholders – has increased by 30,000, the firm said.
“The ₹930 crore bonus declaration this year reinforces our commitment to generate the best possible outcomes for our customers’ financial security and long-term prosperity. Life insurance policies are designed for the long term and participating insurance products allow us to reward customers throughout the policy term,” said Sanjay Kumar, Chief Investment Officer.