New Sukanya Suraksha Plan: PNB MetLife, IPPB tie up to bundle life cover with Sukanya Yojana for girl child security

PNB MetLife India Insurance Company Limited (PNB MetLife) and India Post Payments Bank (IPPB) have joined hands to launch the Sukanya Samriddhi Suraksha Yojana (SSSY), a first-of-its-kind group term life protection plan bundled with the Government of India’s flagship Sukanya Samriddhi Yojana (SSY). The scheme, launched under the Beti Bachao, Beti Padhao initiative, is designed to safeguard long-term financial security for girl children across the country. Advertisement

Continuity of savings

The unique plan ensures that contributions to a girl’s Sukanya Samriddhi Yojana account continue uninterrupted, even in the event of the untimely demise of the earning parent. This feature guarantees that crucial financial goals such as education, marriage, and other aspirations remain protected.

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