Metlife office in Srinagar

Our Banking Bureau
30 June 2003

Srinagar: Metlife India Insurance Company today celebrated the formal opening of its new Srinagar Branch office, at MA Road, with a ribbon-cutting ceremony. The event included speeches by J&K Bank chairman M Y Khan, Metlife USA vice-president (sales and marketing) Stephen Rajotte and Metlife India managing director Venkatesh Mysore.

The Metlife office provides support to its partner J&K Bank and the residents of Srinagar to promote and sell life insurance products. Metlife recently initiated several insurance education seminars in the Kashmir Valley to demystify life insurance and make its benefits known to people in rural areas.

Metlife currently offers 13 products including the successful Met 100, Met Sukh and Met Mortgage Protector. In addition four riders (Accidental Death Benefit Rider, Waiver of Premium Rider, Critical Illness Rider and Term Rider) are obtainable to permit customisation.

"We believe that the valley of Kashmir offers great business opportunities and we look forward to making it more convenient for its residents to obtain high-quality life insurance and financial advice," said Rajotte.

"This new office demonstrates Metlife India's commitment to serving the insurance needs of the people of J&K state and reaching out to the rural population," said Mysore.