PNB MetLife Term Insurance
PNB Metlife is a joint venture between Punjab National Bank India and Metropolitan Life Insurance America. It offers ...Read More
The headline features and policy mechanics, at a glance.
Affordable premium options starting from entry-level to comprehensive whole-life protection.
Industry-leading approval rate on eligible term insurance claims in the most recent fiscal year.
Well above IRDAI's 1.5× floor — strong indicator of long-term claim-paying ability.
Choose from level cover, increasing cover, and return-of-premium variants.
Extend a base policy with add-on covers — critical illness, accidental death, waiver of premium and more.
Branch offices and claim service centres across India for easy policy servicing.
PNB MetLife India Insurance offers life insurance protection, long-term savings plans, and financial security solutions through a strong banking network across India.
What are the key features of this plan?
A wide range of plan options,
Affordable premiums,
Rider options to enhance coverage,
Choice of policy tenure,
Choice of your sum assured,
Tax Benefits as per applicable laws,
Choose your payout options,
Get additional protection with add-on riders, etc.
Every plan currently being sold by PNB MetLife Term Insurance, shown side-by-side so you can shortlist quickly.
PNB MetLife Mera Term Plan Plus is a comprehensive pure protection plan that helps you protect your family financially upon your sudden demise. Under ...
PNB MetLife PNB MetLife Loan and Life Suraksha Plan is a comprehensive term insurance plan designed to secure your financial liabilities such as home ...
PNB MetLife PNB MetLife POS Suraksha is a term insurance plan that provides guaranteed monthly income to support your family financially in your absen...
'A Term plan that gives a regular monthly income after your demise' If you support your family financially through your income, then undoubtedly, the ...
PNB Metlife Mera Jeevan Suraksha Plan is designed to provide quality coverage in unforeseen circumstances. The plan not only includes death coverage b...
PNB Metlife Aajeevan Suraksha Plan offers individuals a comprehensive life cover with a plethora of benefits and features embedded within the plan. Aa...
PNB Metlife Saral Jeevan Bima is a standard term insurance plan designed as per the guidelines of IRDAI. This plan is designed to provide pure protect...
Side-by-side across the 3 most-bought PNB MetLife Term Insurance plans on PolicyX.
| 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 |
Enhance your term plan with optional add-on riders for broader protection.
PNB MetLife Accidental Death Benefit Rider
This rider provides an additional amount in case of the policyholder’s unfortunate death due to an accident.
PNB MetLife Terminal Illness Rider
This rider offers additional benefits in case the policyholder is diagnosed with any of the terminal illnesses mentioned in the brochure.
PNB MetLife Waiver of Premium Rider
This rider ensures that future due premiums are waived in case of total and permanent disability of the life assured. The benefit can be purchased by paying a nominal extra premium over and above the base premium.
PNB MetLife Critical Illness Rider
The rider plan provides payment of an additional amount on the diagnosis of any of the 10 critical conditions mentioned in the policy document. This plan acts as an additional health cover under the base policy, where rider term and sum assured options are available to provide coverage as per your needs.
PNB MetLife Term Insurance is one of the most trustworthy and reliable insurer partners. Here are the reasons why you should choose PNB MetLife Term Insurance Plans:
01
PNB MetLife term insurance provides an additional sum assured if the policyholder is diagnosed with any of the 50 critical illnesses during the policy term.
02
PNB term insurance plans offer you protection till you attain 99 years of age.
03
PNB Metlife term plans offer you the option to choose your payout option, either as monthly income, lump sum, or a combination of both.
04
PNB Metlife term plans are available at affordable premiums so that a large section of people can get them to secure their family’s financial future.
For policy purchase and claim submission. Have these ready before you start.
To purchase a PNB MetLife term insurance plan in 2025, certain eligibility criteria must be met. Let's understand the eligibility criteria in detail.
Age: A person between the ages of 18 and 65 is eligible to apply for a term life insurance plan. The policyholder’s age is a key factor in the term insurance plan’s premium.
Health condition: Since a PNB MetLife term insurance plan insures the policyholder’s life, most insurance providers require a policyholder to undergo a health examination to determine the current health condition and the inherent risks for the insurer. Be completely honest about your health condition and medical history to avoid issues during claim settlement.
Income: A PNB MetLife term insurance plan has no specified minimum income requirement. However, they might ask you for your bank statement copies and salary slips to determine the coverage on your term plan.
Smoking habits: If you smoke or have been a smoker in the past, you must disclose this information to the insurer. It is because smokers are exposed to severe health hazards like lung cancer.
Citizenship: Indian citizens can buy a PNB MetLife term insurance plan in India in their name. However, NRIs or PIOs can also leverage the benefits of a term insurance plan in India.
PNB Term Insurance Plans offer various additional benefits to the policyholders.
PNB MetLife Mera Term Plan Plus offers you the option to cover you and your spouse under a single policy, thereby saving on additional premium costs.
PNB MetLife- Ajeevan Suraksha Plan offers inbuilt terminal illness cover with the base plan.
PNB MetLife Saral Jeevan Bima offers you the option to choose a life cover starting from Rs 5 lakhs so that you can choose it as per your financial requirements.
PNB MetLife- Ajeevan Suraksha Plan offers you four plan options to choose from as per your requirements.
PNB MetLife Income Protection Plan offers income for your family in case of your unfortunate demise so that they can live a comfortable life.
There are various PNB MetLife term plans based on their features, policy tenure, benefits, etc. You can choose the one that best suits your requirements.
These plans only provide a sum assured to the nominee in case of the death of the policyholder. No survival benefits are included.
These plans give the premium amount back to the policyholders only if they survive the policy term.
These plans offer monthly income to the policyholder’s dependents in case of the policyholder’s demise.
These plans offer inbuilt coverage against critical illnesses.
These plans offer inbuilt coverage against accident disability and death cover.
Step-by-step guides for the four key moments in your policy lifecycle. Click a tab to switch.
The claim settlement process for PNB MetLife Term Plans is simple and hassle-free. The insurance provider gives you the option of settling a claim both online and offline. We have explained the process by which you can easily submit & settle your claim below:
Report your PNB Metlife Term plan claim by hovering over the ‘Our Services Section’ and choosing the ‘File a Claim’.
PNB Metlife’s customer support staff will review your claim form and will assist you at every step. Their staff will next evaluate your claim and notify you if any papers are still pending.
Your claim will be resolved once you have informed the insurance company of your claim and they have received all of the necessary documents.
The PNB Metlife term plan claim settlement procedure can be reported by visiting the local PNB Metlife Branch Office. For the details of PNB Metlife Insurance branches, you can visit their website and locate the nearest branch. You have to submit the essential documents at the branch so that your claim can be processed.
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 SinghI 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 VarshneyI'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 MaryI 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 ShahPolicyX 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 RathodI 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 MahajanThe 9 most-asked questions about PNB MetLife Term Insurance, answered.
Aggregate ratings from 936 verified PolicyX customers who bought a PNB MetLife Term Insurance plan.
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