MetLife Insurance coverage: MetLife Bangladesh is the nation’s largest life insurer. With over 16,000 space forces and workers, it serves over 1,000,000 prospects and is a big employer in Bangladesh. The company was based mostly in 1952 and was popularly usually known as ‘ALICO’ until its world acquisition by MetLife, Inc. in November 2010, when it was co-branded as ‘MetLife Alico’ and later as ‘MetLife’ in 2015. MetLife presents financial security to the oldsters of Bangladesh by means of a combination of standard and fashionable merchandise similar to explicit particular person and group life insurance coverage protection insurance coverage insurance policies, pension plans, youngsters’s education insurance coverage insurance policies, Shariah-based (Takaful) monetary financial savings plans, and accident and effectively being merchandise. The merchandise are meant for people of varied ages, professions, and earnings ranges.
MetLife In Asia
MetLife conducts enterprise in Asia by means of regional locations of labor based in Hong Kong. MetLife has pursued an pure progress method in Asia supplemented by numerous alliances and acquisitions to broaden its areas, product, and restore offering to grab the realm’s participating progress alternate options, leveraging its sturdy financial credentials and world-class capabilities. MetLife now has a varied geographical footprint in Asia, spanning 9 markets.
MetLife Throughout the World
MetLife, Inc. (NYSE: MET) is probably going one of many prime financial corporations suppliers on this planet, by means of its subsidiaries and associates (“MetLife”), affords insurance coverage protection, annuities, employee benefits, and asset administration to assist its explicit particular person and institutional customers in navigating the ever-changing world monetary system. MetLife, which was based mostly in 1868, operates in about 50 nations and dominates the markets throughout the US, Japan, Latin America, Asia, Europe, and the Heart East. The company, which has its firm headquarters in New York, has three regional locations of labor to deal with its operations throughout the Americas, Europe, Heart East & Africa (EMEA), and Asia, and it serves about 100 million prospects worldwide.
The intention of MetLife Insurance coverage protection
The MetLife Foundation thinks that everyone has a correct to financial security. To assemble financial effectively being for people who’re underserved and try for further, they combine ingenious choices, in-depth financial information, and important grants. They collaborate with groups in all places on the planet to develop financial wellness purposes and strengthen native communities, utilizing MetLife workers as volunteers to help make a distinction.
The muse of MetLife has a clear and simple nevertheless deep consciousness: everyone needs entry to the required financial belongings in pursuing their targets in life.
The Foundation continues to help completely different charity initiatives just like the humanities and custom, civic purposes, and volunteerism nevertheless financial inclusion is the precept intention.
MetLife Insurance coverage protection Corporations
MetLife had a “quite a few product mix” that included securities backed by enterprise mortgages, sovereign debt, variable life annuities, structured settlements, residence, auto, and life insurance coverage protection.
Life Insurance coverage protection
Explicit particular person life insurance coverage protection companies offered by MetLife embrace time interval life insurance coverage protection and diversified sorts of eternal life insurance coverage protection, similar to total life, widespread life, and shutting expense total life insurance coverage protection. The size and amount of safety obtainable for these corporations fluctuate, as does whether or not or not a medical examination is required for cover. In addition to, the company presents group life insurance coverage protection by means of employers, which contains time interval life, eternal life, and unintended demise and dismemberment safety. MetLife is an important life insurer within the USA in terms of full life insurance coverage protection safety.
MetLife presents dental plan administration for over 20 million of us and affords group dental revenue plans for folks, workers, retirees, and their households.
Individuals, along with employee and affiliation groups who receive them by means of their employer, can purchase incapacity merchandise from MetLife. If an individual is unable to work on account of illness or hurt, the company’s explicit particular person incapacity earnings insurance coverage protection may be capable to substitute a number of of the misplaced earnings. Together with MetLife Income Guard, OMNI Profit, OMNI Necessary, Enterprise Overhead Expense, and Buy-Promote, MetLife moreover affords varied explicit particular person incapacity earnings insurance coverage insurance policies. The company affords various protection decisions, each with a definite eligibility requirement and scope of safety. MetLife presents every short-term and long-term incapacity insurance coverage protection for groups. Fast-term incapacity insurance coverage protection is designed to interchange a portion of a person’s earnings throughout the first few weeks following an illness or accident that renders these disabled. Prolonged-term dysfunction Insurance coverage protection replaces a portion of a person’s earnings all through a protracted illness or accident that renders them disabled.
MetLife is probably going one of many world’s largest annuity suppliers, with $22.4 billion in product sales in 2009. MetLife presents mounted annuities, variable annuities, deferred annuities, and on the spot annuities.
Auto & Home
The 9 affiliate personal strains insurance coverage protection companies of MetLife go by the determine MetLife Auto & Home. All 50 states and the District of Columbia are lined by personal strains property and casualty insurance coverage protection insurance coverage insurance policies equipped by this group of companies. Metropolitan Property and Casualty Insurance coverage protection Agency, the dad or mum agency of the MetLife Auto & Home group, was established in 1972. 58 of the Fortune 100 companies are served by MetLife Auto & Home companies, which at current have over 2.7 million energetic insurance coverage insurance policies.
MetLife affords homeowners insurance coverage protection, condominium insurance coverage protection, renters insurance coverage protection, landlord insurance coverage protection, and mobile residence insurance coverage protection. MetLife’s residence insurance protection insurance coverage insurance policies cowl possessions, property hurt from pure disasters or theft, and diversified approved payments incurred on account of accidents sustained on an individual’s property. As a participant throughout the Nationwide Flood Insurance coverage protection Program (NFIP), which is run by the federal authorities, the companies moreover provide flood insurance coverage protection insurance coverage insurance policies and promote insurance coverage insurance policies for RVs, ATVs, boats, mobile homes, collectible vehicles, and bikes. Metlife’s auto insurance coverage protection safety decisions embody obligation security, collision, and insurance coverage protection, medical malpractice security, lease vehicle safety and uninsured/underinsured motorist safety.
Illness Insurance coverage protection
Essential illness insurance coverage protection is definitely obtainable by means of MetLife. Cost-based financial planning, retirement planning, wealth administration, 529 Plans, banking, and enterprise and residential mortgages are examples of financial corporations. In addition to, the company affords retirement plans and completely different financial corporations to healthcare, education, and non-profit organizations. The MetLife Coronary heart for Explicit Desires Planning is a gaggle of planners who work with explicit needs households and other people. MetLife opened MetLife Defender, a digital identification theft security merchandise, in 2014.