PNB MetLife Term Insurance Benefits
Claim Settlement Ratio | 98.17% |
Customer Care | 10:00 AM to 7:00 PM |
Death Benefit Paid For | 4,241 Policies |
Inception | 2001 |
Presence | 107 Locations |
Total Death Benefit Paid | Rs. 235.11 Crore |
PNB MetLife Term Insurance Plans are specifically designed to look after your family members even in your absence, by providing them with the much needed financial protection in order to meet their daily expenses and other financial goals. The life insurance company, after taking into consideration every life stage that you and your family goes through, has designed comprehensive term plans to ensure that all the expenses and needs of your family are met at any point in life without negotiating on the standard of living.
Why To Buy PNB Metlife Term Insurance?
PNB MetLife term Insurance plans offer various kinds of benefits to their customers, some of them are highlighted below:
- Maximum Sum Assured: PNB MetLife term plans are cost-effective plans that offer a high sum assured at a nominal premium amount. The plans offer all-around protection to your family members even in your absence. Also, it is advisable to buy term plans earlier in life, to pay a lower premium amount towards the plan purchased.
- Payout Flexibility: The expenses and living standard of your family members are completely taken care of, with the different payout flexibility modes offered to the customers by the PNB MetLife insurance company.
- Multiple Add-On Covers: With PNB MetLife Term Insurance Plans, not just death benefit is offered in the event of unfortunate death of the policyholder but with its customizable features, the benefits and coverage of the term plan can also be extended. Various features that can be added include accidental death cover, terminal illness cover, disability cover etc.
- Flexible Tenure: Since there is no savings component in a term plan, hence, it is not compulsory to remain invested for a longer-term. The tenure of PNB MetLife term insurance can be mapped out as per your life needs. As opposed to investment-focused life insurance plans, the benefits of a term plan can be reaped even with shorter durations.
- Tax Benefits: According to Income Tax Act 1961, section 80 C, premium payable towards the term insurance plan is exempted from tax.
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Best PNB MetLife Term Insurance Plans
- LIFE COVERTax Free₹1 Cr
- CLAIMS SETTLED ₹99.7%
- Revised Zero Cost Benefit
- Terminal Illness
- Cover Continuance Benefit
- Insta-Payment on Claim Intimation
- Nominee's Choice payout
- LIFE COVERTax Free₹1 Cr
- CLAIMS SETTLED ₹99.2%
- Waiver of Premium on Disability
- Terminal Illness
- Life Stage Benefit
- Special Exit Benefit
- LIFE COVERTax Free₹1 Cr
- CLAIMS SETTLED ₹99.4%
- Terminal illness
- Special Exit - Option to get your premiums back
- Renewability Option
Why to Buy Term Insurance Policy Online from InsuranceDekho
- Tax benefit upto 1,50,000*
- Claim support everyday 10AM-7PM
- 80 Lacs+ happy customers
PNB MetLife Term Insurance Contact Details
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FAQs
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Can I get PNB MetLife term insurance plan cover if I am a smoker or use tobacco?
Yes, However, smoker premium rates are higher as compared to non-smoker rates.
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What is the toll-free customer care number of PNB MetLife Insurance?
The 24x7 toll-free number of PNB MetLife Insurance is 1800-425-6969.
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What is the Claim Settlement Ratio of PNB MetLife Insurance company Limited?
PNB MetLife featured an impressive claim settlement ratio of 97.18% in the FY 2019-20.
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What is the grace period of the PNB Metlife Insurance company?
A grace period of 30 days from the premium due is allowed according to the guidelines by the Insurance Regulatory Authority of India.