PNB MetLife Term Insurance Plans - Buy Best Term Plan
PNB MetLife Term Insurance logo PNB MetLife Term Insurance ★ 4.6/5

PNB MetLife Term Insurance

PNB Metlife is a joint venture between Punjab National Bank India and Metropolitan Life Insurance America. It offers ...Read More

99.57%
Claim settlement ratio
11,7552.39 Cr
Annual Premium
7
Active plans
1.72x
Solvency ratio
🛡️ IRDAI Approved
4.6/5 · 936 reviews
99.57% claim settlement ratio
📊 1.72x solvency ratio
🌐 15000+ pan-India

What you get with PNB MetLife Term Insurance

The headline features and policy mechanics, at a glance.

Annual Premium 11,7552.39 Cr

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

99.57% claim settlement ratio

Industry-leading approval rate on eligible term 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.

7 active term plans

Choose from level cover, increasing cover, and return-of-premium variants.

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.

Types of PNB MetLife Term Insurance Plans

Every plan currently being sold by PNB MetLife Term Insurance, shown side-by-side so you can shortlist quickly.

PNB MetLife Loan and Life Suraksha

PNB MetLife Loan and Life Suraksha

PNB MetLife PNB MetLife Loan and Life Suraksha Plan is a comprehensive term insurance plan designed to secure your financial liabilities such as home ...

Unique Features
  • Dual Coverage option
  • Joint Life option
  • Moratorium Period
Sum assured Base sum assured: 5 Thousand to no limit
Entry age Minimum Age - 15 years Maximum Age - 65 years
View plan
PNB MetLife POS Suraksha

PNB MetLife POS Suraksha

PNB MetLife PNB MetLife POS Suraksha is a term insurance plan that provides guaranteed monthly income to support your family financially in your absen...

Unique Features
  • Guaranteed Monthly Income
  • Return of 100% premium
  • Easy Enrollment
Sum assured Basic Sum Assured: ₹50K to no limit.
Entry age Minimum Age - 18 years Maximum Age - 55 years
View plan
PNB Metlife Family Income Protector Plus

PNB Metlife Family Income Protector Plus

'A Term plan that gives a regular monthly income after your demise' If you support your family financially through your income, then undoubtedly, the ...

Unique Features
  • Monthly Income for 20 yrs
  • Return of premium
  • Tax benefits
Sum assured Basic Sum Assured: ₹14L to ₹1.4Cr.
Entry age Minimum Age - 25 years Maximum Age - 60 years
View plan
PNB Mera Jeevan Suraksha

PNB Mera Jeevan Suraksha

PNB Metlife Mera Jeevan Suraksha Plan is designed to provide quality coverage in unforeseen circumstances. The plan not only includes death coverage b...

Unique Features
  • Return of Premium Benefit
  • Waiver of Premium
  • Terminal Illness Cover
Sum assured Basic Sum Assured: ₹25L to No Limit
Entry age Minimum Age - 18 years Maximum Age - 65 years
View plan
PNB Metlife Aajeevan Suraksha

PNB Metlife Aajeevan Suraksha

PNB Metlife Aajeevan Suraksha Plan offers individuals a comprehensive life cover with a plethora of benefits and features embedded within the plan. Aa...

Unique Features
  • Flexible Premium Payment
  • Joint Life Cover
  • Whole Life Cover
Sum assured Basic Sum Assured: Rs. 25 Lakhs to no limit
Entry age Minimum Age - 18 years Maximum Age - 45 years
View plan

Term Plans Comparison

Side-by-side across the 3 most-bought PNB MetLife Term Insurance plans on PolicyX.

PNB MetLife Term Insurance term plan comparison
Feature PNB Metlife Mera Term Plus PNB MetLife Loan and Life Suraksha PNB MetLife POS Suraksha
Plan type Term Plan Term Plan Term Plan
Sum assured Basic Sum Assured: ₹₹5,000 per member to no limit Base sum assured: 5 Thousand to no limit Basic Sum Assured: ₹50K to no limit.
Entry age Minimum Age - 15 years Maximum Age - 65 years Minimum Age - 15 years Maximum Age - 65 years Minimum Age - 18 years Maximum Age - 55 years
Top benefits Spouse Coverage · Return of Premium High-life cover · Loan Coverage Guaranteed Monthly Income · Return of 100% premium

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 9 most-asked questions about PNB MetLife Term Insurance, answered.

PNB MetLife term insurance plan is among the best term insurance plans that offer you an extra set of perks in exchange for nominal premiums.
PNB MetLife’s Claim Settlement Ratio is 99.2% in individual life insurance policies for the financial year 2023-24.
The maximum maturity age limit for the PNB MetLife term plan is 99 years for all options except the Life Plus & ROP Option.
Yes, you can surrender your PNB MetLife policy under a free-look period.
PNB Metlife offers eight-term plans and you can choose the one that best suits your needs.
Yes, PNB Metlife Insurance provides tax benefits under Section 80C, though taxpayers can get rebates up to 1.5 lakhs.
To reinstate the term insurance policy you can call their Toll free number 800-425-6969.
PNB Metlife term insurance offers financial protection to your loved ones in case of your uncertain death during the policy tenure.
Yes, PNB Metlife Insurance provides a grace period. They have a 30-day grace period for quarterly, half-yearly, and yearly premiums paying terms and 15 days for monthly premiums paying terms.

Customer satisfaction

Aggregate ratings from 936 verified PolicyX customers who bought a PNB MetLife Term Insurance plan.

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

Explore PNB MetLife Term Insurance

Written and reviewed by

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

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