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Way2Wealth to market MetLife India Insurance products
Way2Wealth, the country's premier retail investment advisory, today announced its association with MetLife India Insurance to market the latter's range of protection products. The tie-up will leverage the global heritage of MetLife India and capitalize on the large distribution network of Way2Wealth.
Way2Wealth, the country's premier retail investment advisory, today announced its association with MetLife India Insurance to market the latter's range of protection products. The tie-up will leverage the global heritage of MetLife India and capitalize on the large distribution network of Way2Wealth.
Following the association with MetLife India, Way2Wealth will offer insurance and other retail investment products of MetLife India across their network of 50 branches in the country, with a customer base of over 75,000 investors. In the initial stages, the focus will be on tapping Way2Wealths extensive reach in the southern market.
Speaking on the tie-up, Mr. K. R. Mohan, CEO, Way2Wealth said, "Given the tremendous potential in the Indian life insurance market, we are proud to be associated with MetLife India, one of the largest life insurance companies in the world. MetLife India's comprehensive range of innovative products combined with technology driven support systems will ensure that customers have a bouquet of insurance products to choose from with great ease, as much of MetLifes processes are automated from application to claims."
MetLife India launched its operations in January 2002. The current MetLife India product portfolio approved by the IRDA is a limited pay whole life policy (MET 100), an endowment assurance policy (MET Shanti) and a money back assurance policy (MET Sukh). These policies can be customized to individual requirements using MET Riders like Accidental Death Benefit, Waiver of Premium and the Term Rider. All these are non-participating products and the inherent guaranteed returns are computed over time periods like 15, 20, 25 or 30 years thereby offering greater protection to customers life goals.
"MetLife India is delighted to add its portfolio of protection products to the aggressive financial planning services offered by Way2Wealth. Their long-term commitment to a vast cross section of customers makes the MetLife India and Way2Wealth relationship a good fit. MetLife India seeks to align itself with a select few corporate distributors such as Way2Wealth who focus on long-term value addition to their customers. Such niche markets are a perfect fit for life insurance products from MetLife India", said Mr. Venkatesh Mysore, Managing Director, MetLife India Insurance Company.
About Way2Wealth
Way2Wealth Securities Pvt. Ltd. is a national retail investment advisory services company offering unbiased and personalized investment solutions. With a product range that includes Mutual Funds, Life Insurance, Equity, Derivatives and Fixed Income instruments, Way2Wealth offers need-based, value-added services customized to meet individual risk profiles and financial goals. The resources at Way2Wealth symbolize over a decade of experience in the retail investments market.
About MetLife
MetLife India Insurance Company is an affiliate of MetLife (Metropolitan Life Insurance Company), which is the number one insurer in the USA based on $2 trillion of life insurance in force. For over 133 years MetLife has been providing financial solutions and today has 87 of the Fortune 100 companies in the USA as its clients. As a new affiliate, MetLife India has inherited a tradition of great service and is defining exciting and innovative products that will help people manage their
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