PNB MetLife India Insurance Company Limited (PNB MetLife) on Thursday announced a bonus of Rs 594 crore for all eligible people policyholders Number of participating products for the financial year ending March 2022. Policyholder bonus is the share of profit generated by the participating funds of the company, which is paid to customers in specific benefit programs.

The insurer said it is continuously announcing bonuses on participating products every year, and the bonus amount for FY 2012 is 12 per cent higher as compared to FY 2011.

PNB MetLife said in a release that this bonus amount will benefit 4.95 lakh customers whose policies were in force till March 31, 2022.

Ashish said, “This is the highest ever bonus offered since its inception. Though the market was volatile due to the outbreak of the pandemic, we at PNB MetLife continue to deliver consistent returns to our policyholders as a result of our prudent management practices. have been able to.” Kumar SrivastavaMD & CEO, PNB MetLife said.

PNB MetLife said that its robust risk management practices coupled with robust fund management capabilities have enabled the company to reward policyholders with consistent bonus payments.