PNB Metlife Insurance: Compare & Get Discounts | Buyer Reviews
PNB Metlife Insurance logo PNB Metlife Insurance ★ 4.6/5

PNB Metlife Insurance

PNB MetLife follows a philosophy called & 039;Circle of Life& 039; for products and solutions and caters to the ...Read More

99.57%
Claim settlement ratio
11,7552.39 crores
Annual Premium
1.72x
Solvency ratio
🛡️ IRDAI Approved
4.6/5 · 914 reviews
99.57% claim settlement ratio
📊 1.72x solvency ratio
🌐 15000+ pan-India

What you get with PNB Metlife Insurance

The headline features and policy mechanics, at a glance.

Annual Premium 11,7552.39 crores

Affordable premium options starting from entry-level to comprehensive whole-life protection.

99.57% claim settlement ratio

Industry-leading approval rate on eligible life insurance claims in the most recent fiscal year.

1.72x solvency ratio

Well above IRDAI's 1.5× floor — strong indicator of long-term claim-paying ability.

4+ optional riders

Extend a base policy with add-on covers — critical illness, accidental death, waiver of premium and more.

15000+ pan-India presence

Branch offices and claim service centres across India for easy policy servicing.

Why Choose PolicyX.com?

Don't just take our word for it — check out what our happy customers say about us!

All my claims were rejected for 3 years. Then, I received a text from PolicyX team, who noticed that my claims hadn't been settled. They managed to get my claims settled, totalling ₹4.5 L. I really appreciate the efforts of the PolicyX advisors for their support in settling my claims.

Ravindra Singh

I highly appreciate the help of the PolicyX team for settling my claim of Rs. 5 Lakhs with zero deductions. I took a policy online from them in March 2024. As a customer, it's been a great experience throughout the process.

Priti Varshney

I'm very satisfied because my claim of over ₹2 L has been settled as a result of your team effort. However, I was very upset with the insurer, who delayed the claim for almost 2 months. But with your support and interaction, the claim was settled within 30 days & I appreciate it a lot.

Nisha Mary

I bought my health policy from PolicyX, and so far, it's been a very pleasant experience with the team. I really appreciate the help for renewing my health policy. I look forward to continuing my relationship with PolicyX and recommend it to everyone.

Ajay Shah

PolicyX has been a savior during a medical emergency in my family recently. My wife was admitted in the hospital, and the insurance company declined my claim request. The PolicyX team handled the situation very well and I received the claim right on time.

Vijay Rathod

I purchased a health plan for the very first time and the support by PolicyX is commendable. They helped me with the paperwork, explained the policy details to me with patience and supported me at every step of policy buying. A big thanks to you guys.

Uma Mahajan

Frequently asked questions

The 15 most-asked questions about PNB Metlife Insurance, answered.

Yes, it is possible to add more than one nominee in my PNB Metlife insurance policy. However, the amount will be distributed equally among the nominees.
Yes, PNB Metlife insurance policies are available for NRIs as well.
You need to visit the official website of PNB Metlife and login with your user ID and password. After logging in, you can see the ’policy details tab’. Click on it and you will be able to check your policy status for PNB Metlife Insurance policy.
Yes, the company offers free switches for the first 4 funds in a policy year in PNB MetLife Unit Linked Employee Benefit Plan.
Yes, PNB MetLife Loan and Life Suraksha plans offer loyalty additions.
The PNB MetLife Complete Care Plus plan allows an employee to convert this policy into an Individual Coverage plan after leaving the organisation.
No, there is no medical test required to opt for PNB MetLife Pradhan Mantri Jeevan Jyoti Bima Yojana.
The minimum age at entry for a standalone annuity in Joint Life option for PNB MetLife Immediate Annuity Plan is 40 years.
Yes, it is possible. PNB MetLife Mera Wealth Plan offers flexibility to choose between two options, i.e., systematic transfer option and self-managed option.
PNB MetLife Smart Platinum Plan offers liquidity facility for withdrawal of partial funds but only after completion of 5 policy years.
PNB MetLife Accidental Disability Benefit Rider Plan will provide the coverage only if the disability arises within 180 days from the date of the accident.
PNB MetLife Life Insurance offers a wide range of insurance plans such as Term Insurance plans, Savings plans, Child Protection Plans, and Retirement Plans.
Yes, buying a PNB MetLife policy online is completely safe and the process of buying the PNB MetLife plans is less time-consuming, simple.
To cancel your policy, You need to fill out a policy surrender form and submit it with your original policy documents to the nearest branch of PNB MetLife insurance company. The insurance company will start the policy cancellation process once they receive all of the required documentation as well as the cancellation fees.
PNB MetLife Insurance company offers the following payment mode for paying the policy premium: Online Mode Netbanking Debit Card Credit Card Electronic Clearing System (ECS) Offline Mode Cash/Cheque at the nearest branch of the company

Customer satisfaction

Aggregate ratings from 914 verified PolicyX customers who bought a PNB Metlife Insurance plan.

4.6
out of 5
914 reviews
5 star
60%
4 star
25%
3 star
10%
2 star
4%
1 star
1%

Written and reviewed by

PolicyX content is researched in-house and reviewed by an IRDAI-certified insurance specialist before publication.

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