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The process of insurance has been evolved to safeguard the interest of people from uncertainty by providing certainty of payment at a given contingency. Insurance companies help to minimize the risk of individual’s life by insuring their property, businesses, future, family etc. MetLife Alico is from those companies. They also provide financial planning, finance, mutual funds, life insurance, and health insurance. so regarding it here is a report on "Metlife-Alico"
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Welcome To The Welcome To The PresentationPresentation
““Report on Insurance Report on Insurance Company, MetLife Alico”Company, MetLife Alico”
Background Background Insurance as a concept is not a new thing in this world. It’s been in existence for centuries.MetLife & Alico were two different insurance companies before 2010. MetLife’s acquisition of Alico is consistent with MetLife’s international growth strategy. It accelerates the company’s global growth as Alico operates in more than 60 countries.
Annals of MetLife AlicoAnnals of MetLife AlicoAlico’s story began 1921 in Shanghai, China. In March 2010 the latest chapter in their history unfolded when it was announced that their company would merge with MetLife. In other hand, for 140 years, MetLife has been insuring the lives of the people who depend on them. The firm was founded in 1868.
Continue…Continue…Alico merge with MetLife on November 1, 2010, MetLife, Inc. completed its purchase of American Life Insurance Company. This deal brings together two well-established, international businesses with proven track records of growth.
Product Plan & Policies:Product Plan & Policies:
Everyone’s different, that’s why MetLife Alico offer is versatile. From variety of product plans & policies some of them are discussed below.MetLife Alico says, “Regular savings & protection will make anyone dreams come true.” An ideal financial plan for one may be the one that accumulates someone money with reasonable returns
1) Personal Accident Coverage 1) Personal Accident Coverage Policy.Policy.
Product Overview:
Plan Feature
2) Education Protection Plan 2) Education Protection Plan (EPP) Plus Policy.(EPP) Plus Policy.The cost of a good education can be high, and has risen at an alarming rate in recent years. MetLife Alico Education Protection Plan is specifically designed to help customers and can give them the reassurance of knowing they’ve made the right preparations for their children’s future.
3) Lifetime Income Policy.3) Lifetime Income Policy.
Lifetime income policy is a unique plan that provides cheques month after month, year after year to meet ones family expenses. With the same reliability ones provide to their family. This policy from MetLife Alico guarantees it.
4) Employee Benefits 4) Employee Benefits Policy.Policy.
Product Overview: MetLife Alico is a provider of innovative Group Employee Benefits, Credit Insurance, and Insurance solutions for non-employee groups. And they can tailor-make Group Death, Group Disability, Group Medical or Credit Life and Credit Permanent Total Disability packages that will suit customer’s needs.
5) Life Insurance Policy.5) Life Insurance Policy.
Product Overview:
Life insurance can take care of someone family and help them maintain their standard of living should something happen to customer or their partner. No matter what the future holds, MetLife Alico got a life insurance product that will help them take care of what's most important.
6) Income Growth Plan 6) Income Growth Plan Policy.Policy.Product Overview:
Some of the best things in life are not always free and some can cost quite a bit – be it one’s daughter’s wedding or a dream home for one’s retirement. Whatever one aspirations for the future, the Income Growth Plan can help them to achieve these.
7) Lifeline Pension Plan 7) Lifeline Pension Plan Policy.Policy.
Product Overview:
When one has worked hard all their life – they’ll want to make sure that they can enjoy their retirement. Their Lifelong Pension Plan can help make sure them to get the most out of their work-free years. All they have to do is tell MetLife Alico. The company can help make them retirement dreams come true.
8) Three Payment Plan (3PP) 8) Three Payment Plan (3PP) Plus Policy.Plus Policy.
Product Overview:
The Three Payment Plan is an innovative policy that can be as individual as one. It provides the ultimate in financial planning giving customers both the protection they need and the regular payouts they want to meet their financial needs. It has all the security of a life insurance plan and the flexibility of a savings policy.
ConclusionConclusion
MetLife’s and Alico’s businesses are highly complementary. Together, their agenda is:
1) a broader portfolio of products serving more people in more areas2) innovative products and services, delivered with a proven record of local know-how3) the financial strength of the premier global life insurer
The End…The End…
