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PNB MetLife Mera Term Plan Plus Term Insurance

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PNB MetLife Term Insurance
Mera Term Plan Plus
Claim Settlement Ratio98.17%
Customer Care10:00 AM to 7:00 PM
Death Benefit Paid For4,241 Policies
Inception2001
Presence107 Locations
Total Death Benefit PaidRs. 235.11 Crore

About PNB MetLife Mera Term Plan Plus Term Insurance

PNB MetLife Mera Term Plan Plus is the ultimate financial protection for you and your family. It is an individual, non-linked, non-par, pure risk premium, life insurance product. Known for providing comprehensive life coverage at a very nominal cost, the plan is well-renowned for its feasibility feature. When you buy this plan, you get the flexibility to choose protection against Death, Disability, and Disease with options like Life, Life Plus, and Life Plus Health. What’s noteworthy is that you get to choose these along with different additional and cover enhancement options.

Return of premium and spouse coverage are two additional options under PNB MetLife Mera Term Plan Plus. Similarly, Step Up Benefit, Life Stage Benefit, and Child Education Support Benefit are the three cover enhancement options that one can choose from. Customizable as per needs, the plan allows the insured to either choose to stay protected for either whole of life (coverage upto age 99 years) or choose coverage term as per their liking. PNB MetLife Mera Term Plan Plus saves you from financial concerns while granting tax benefits as per prevailing tax laws.

PNB MetLife Mera Term Plan Plus Brochure

  • 358.33 KB
  • PDF Document
  • Jun 28, 2021

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Claim Process at PNB MetLife Term Insurance

  • 1

    Claim Intimation

    In the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
  • 2

    Submission of Documents

    Claim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
  • 3

    Claim Evaluation

    Once the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
  • 4

    Claim Settlement

    If claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.

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