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PNB MetLife Term Insurance Plans

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Highlights
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

PNB MetLife Insurance offers a wide variety of term insurance plans that provide complete protection and financial stability to your family members if any unfortunate incident happens like death. These are comprehensive plans, specially designed to fulfill different needs and requirements of the policyholders. Moreover, to obtain additional protection, you can choose to add riders at the cost of an additional premium amount while buying the insurance policy. Altogether, PNB MetLife provides economical and simple term insurance plans that provide complete financial assistance to your family members even in your absence.

PNB MetLife Term Insurance Plans

PNB MetLife offers 9 term insurance plans, which are highlighted below:

1. PNB MetLife Mera Term Plan: This term insurance plan is specifically created to look after your family members even in your absence. PNB MetLife Mera Term Plan is comprehensive in nature and offers financial assistance to your loved ones by making sure all their expenses and needs at every stage of life are taken care of, without having to compromise on the standard of living. The coverage offered under this PNB Metlife term plan is till 99 years of age. You can also include riders in your term plan in order to enhance the coverage. The 4 different ride options available are critical illness benefits, serious illness, accidental disability, and accidental death benefits.

2. PNB MetLife Mera Term Plan Plus: This plan offers a comprehensive life cover to you and your loved ones at a very affordable cost. This plan provides you with the flexibility to select protection against critical illness, disability, terminal illness, and death alongside different available options such as whole-life protection and spouse coverage. Furthermore, the coverage can be enhanced with different cover enhancement options available under the plan.

3. PNB MetLife Mera Mediclaim Plan: PNB MetLife has come together with Care Health Insurance Ltd to offer their customers both life insurance and health coverage. The PNB MetLife term insurance plan comes with a life cover along with an inbuilt terminal illness rider.

4. PNB MetLife Saral Jeevan Bima: According to the Insurance Regulatory and Development Authority of India (IRDAI) guidelines, the Saral Jeevan Bima Plan offered by PNB MetLife is a standard term plan. It offers multiple benefits to safeguard your family by providing options to choose the policy duration and premium payment term options.

5. PNB MetLife Aajeevan Suraksha Plan: The Aajeevan Suraksha plan by PNB MetLife offers financial assistance and the option to make payment for premiums for a shorter time period. Under this plan, the policyholder is also given the option to choose between staying protected for the entire life or for a fixed duration. Moreover, this plan also provides a joint life cover.

6. PNB MetLife Mera Jeevan Suraksha Plan: The Mera Jeevan Suraksha plan by PNB MetLife offers a lump sum amount or regular income in the event of the unfortunate death of the policyholder. It comes with the option to provide coverage to your spouse along with an option to select the return of premiums upon survival till the end of the plan duration, ensuring a financially stable future for your family even in your absence. Under this plan, a policyholder also gets coverage against terminal illness.

7. PNB MetLife Family Income Protector Plus Plan: The Family Income Protector Plus Plan by PNB MetLife gives the policyholder the flexibility to select monthly regular income and premiums. Moreover, by the end of the plan duration, if nothing happens to the policyholder then they are given the option to take 110% of their premium back under the option term with the return of payments.

8. PNB MetLife Income Protection Plan: The income protection plan by PNB MetLife is a life insurance plan that meets the dual objectives of offering both protection and savings to a customer. Under this plan, your family members are offered a lump sum amount or guaranteed monthly income to ensure financial stability in your absence.

9. PNB MetLife POS Suraksha Plan: PNB MetLife POS Suraksha Plan is a non-participating, non-linked, individual life insurance plan that provides a lump sum amount or regular income in the event of the unfortunate death of the policyholder. This plan provides a return on premium upon the survival of the policyholder till the date of maturity of the plan.

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Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification

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User Reviews

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What users are saying
  • All
  • Easy Claim

    My term plan from PNB Metlife matured recently. I bought this plan from InsuranceDekho after a recommendation from a family friend. The claim process was smooth, and they assisted me at every point. I received the money quickly.

    M
    PNB MetLife
    By Manish Mittal
    On: Jun 20, 2024
  • Easy and Smooth Process

    I just bought my PNB MetLife Insurance through InsuranceDekho. I am very happy and the process was very smooth experience. The customer team of InsuranceDekho helped me in explaining the details and coverages. I got the best term insurance plan. Thankyou Insurancedekho.

    R
    PNB MetLife
    By Rani Kumari
    On: Mar 04, 2024
  • Home Guidance

    The insurance experts of the InsuranceDekho company are highly skilled and friendly. The insurance team of professionals came to my house and helped me through all the term insurance policies. After understanding the benefits and disadvantages of all the term insurance plans, I bought the PNB Metlife Term Insurance Plan from their online plan. Thankyou InsuranceDekho!

    L
    PNB MetLife
    By Lovekesh Mathur
    On: Jan 30, 2024
  • Flexibility of Time

    InsuranceDekho is the best online insurance company. I have suggested their website to everyone. I thank the customer service team of the Insurancedekho company for helping me in the complete process. I had a great time buying PNB MetLife term insurance through your online platform.

    P
    PNB MetLife
    By Priyanka Thakur
    On: Dec 05, 2023
  • Educational Resources for Term...

    I am very happy with the PNB MetLife Term Insurance Policy. InsuranceDekho provides valuable educational resources about term insurance. It's a platform for making well-informed financial decisions.

    R
    PNB MetLife
    By Radhika Sharma
    On: Nov 08, 2023
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PNB MetLife Term Insurance Contact Details

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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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FAQs

  • Why should I choose the PNB MetLife term insurance plan?

    PNB MetLife Insurance is a reliable life insurance provider. It featured a staggering claim settlement ratio of 97.18% in the FY 2019-20. Another feather in its cap is that it provides high long-term coverage which is available for policyholders till the age of 85 years.

  • 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.

  • 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. 

  • 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.

  • 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.