Simple steps to give your family a future they dream of.
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We see that you began the process of guaranteeing your family a future that they dream of by choosing the PNB MetLife Mera Term Plan. You don’t have to share all the information with us again. Simply enter your Mobile number and Password so you can continue from where you left.
Thank you for applying for PNB MetLife Mera Term Plan and congratulations on taking the first step towards protecting your family against future uncertainties.
Schedule a medical test or upload the required documents, if you haven’t till now. Simply provide the following details to complete your application process.
Thanks for applying for PNB MetLife Mera Term Plan and Congratulations on taking the first step towards protecting your family against future uncertainties.
To find out your application status simply fill in following details.
PNB MetLife Mera Term Plan is a customizable term insurance plan which gives you the flexibility to choose from four payout options and also offers coverage for your spouse in the same policy.
Protection Cover : Rs. 1 Crore Premium: Rs 683/- per month1
Family Benefit : Lump Sum Payout of Rs 1 Crore
Protection Cover : Rs. 1 Crore Premium: Rs 607/- per month1
Family Benefit : Lump Sum Payout of Rs 41.8lac + Total 58.2lac as Monthly Income for 120 months (Rs.48,495/- per month)
Protection Cover : Rs. 1 Crore Premium: Rs 596/- per month1
Family Benefit : Lump Sum Payout of Rs 41lac + Total 59lac as Monthly Income for 120 months (starting from Rs.31,948/- per month increasing @ 12%
Protection Cover : Rs. 1 Crore Premium: Rs 567/- per month1
Family Benefit : Lump Sum Payout of Rs 39lac + Total 61lac as Monthly Income for child till age of 21 years (Rs.34,056/- per month2)
1 Illustration for a 28 year old non-smoking Male for a 40 year term. 2 Child’s age at the time of claim is assumed as 6 years.
Life is unpredictable. To protect your family against future uncertainties and to ensure that their dreams are secured, even when you are not there, we recommend the PNB MetLife Mera Term Plan. You can customize this online term plan to suit your family’s needs and give them the protection they truly deserve. Here’s why you should choose our plan:
We know your child is your greatest wealth and fulfilling his future dreams, your greatest joy. PNB MetLife Mera Term Plan, helps your child’s dreams soar in the midst of the uncertainties of the future.
In the same policy, you can cover your partner too. This unique benefit ensures that life cover for your better half continues even when you aren’t there. All future premiums for your partner’s cover will be waived off.
Secure your family’s monthly expenses and protect them from the effects of inflation, so that they don’t have to compromise on their standard of living.
As you move through different stages of life such as marriage, welcoming a baby in the family and more, you will have the option to increase your life cover without any medical examination, through our life stage protection benefit.
This plan offers coverage till the age of 99# years.
Whatever option you opt for, high costs don’t come in the way of protecting your family’s dreams and expenses.
Avail benefit on income tax, under section 80C for your annual premium.
PNB MetLife brings together the expertise of MetLife Inc., a leading global life insurance company, and the credibility and reliability of Punjab National Bank, one of India's oldest and leading nationalized banks. Our vast distribution reach combined with global insurance expertise and product range makes us a strong and trusted name in the insurance market of India.
Serving more than 100+ million people for 147+ years
Founded in 1868, MetLife has served approximately 100 million customers globally. PNB, founded in 1895, is a banking giant and has always been a people's bank. PNB Metlife has been present in India since 2001.
Over 342,017 Crores worth of lives Covered3
We have given protection and assured coverage for lives amounting to more than 354,693 crores in India. 3 Total Base Sum Assured for Group & Individual policies as on June 30, 2017
Strong Branch Network 7000+
PNB MetLife is present in over 111 locations across the country and serves customers in more than 7,000 locations through its bank partnerships.
Consistent and Profitable Company
Among the few profitable life insurance companies operating in India, consistently profitable for the last 7 Financial Years4 4 Public disclosures on company website
What is term plan?
What benefits will I receive with a term plan?
What is an ideal insurance cover?
When is the right time to buy insurance?
What steps need to be followed for a hassle- free claim settlement?
For how long am I supposed to pay the premium?
I have a company cover; do I still need a term plan?
Till when do you need to cover? What should be an ideal policy term?
Do I need to do anything else after making the payment?
Will I have to undergo a medical test?
What medical tests will I go through before getting the policy issued?
What documents do I need to submit?
How much time will be taken for processing after you get my documents?
From when does my policy start?
I already have a term plan, can I buy an additional one?
How can my family make a claim after my death? What is your claim settlement process?
How much amount will my nominee get at the time of claim?
How much time will my claim take?
What is the claim settlement ratio of PNB MetLife?
Does a term plan provide tax benefits?
What is the ideal age to get term plan?
Are the premiums of online and offline term insurances different?
What happens to this plan if I go abroad and settle?
Can an NRI buy this plan?
What is the maximum entry age to buy a term plan?
What is the maximum term to which I can get term insurance cover
What is the minimum policy term?
What is the maximum policy term?
What are the different terms of premium payment?
Where can I make the payment and how?
Will my policy lapse if I miss to pay a premium or if there is a delay in payment?
What happens if I fail to make the premium payment?
Can I renew the policy once it’s lapsed? What is the grace period?
What is the procedure to renew the policy?
Will my premium amount remain the same in case of renewal or I will be charged some interest?
Can I increase/decrease the insurance cover midway?
I already have a life insurance policy do I need a term plan?
Will my claim be settled if my death is because of accident or critical illness?
What if I develop a smoking habit after buying the insurance plan?
What happens to the policy if the company faces any unforeseen circumstances?
Is death by natural calamity covered under term plan?
What happens to the policy if the nominees are also deceased?
Does the hazardous nature of my profession affect the policy? Or Can I avail the policy even if my job is hazardous in nature?
Will there be any difference if I buy the same term plan from an aggregator site?
Under what circumstances will my claim not be settled? Possible reasons for claim repudiation?
Once I have made the payment online and later if I am not eligible for the policy, by when can I expect a refund?
What are the causes of death excluded under your Term Plan?
Once I have bought the policy, will there be any changes in terms and conditions?
Do I get receipts for ECS payment made? (Valid only if above question gets approved)
Is there any survival benefit under this term insurance?
What if I forget my policy number? How do I get it back?
I am already ill. Can I take term insurance?
Does the protection amount stay the same irrespective of my demise date?
What does lumpsum payment mean exactly?
What does lifestage mean?
What does joint-life benefit mean?
How joint-life benefit works?
How many nominees can I have?
Can I change my nominee later in the plan?
At what rate does the monthly payout in increasing monthly income option increase?
Which payout option is best suited for me?
What happens to the payout if the beneficiary is deceased during the regular monthly payout option?
Can I change the payout option once I have already bought the policy?
Will the premium amount change based upon the payout option selected?
Can a partial encashment/withdrawal be made?
Does your plan cover death outside India?
What if I forget to nominate a person for the term plan? Can the family still claim the settlement?
What is coverage?
What is a sum assured?
What is a grace period?
What is insurable interest?
What is a lapsed policy?
What is maturity date?
What is a nomination?
What is a reinstatement?
What are riders?
What is a surrender value?
"PNB MetLife Products are made keeping safety and utility in mind making it very helpful to my family. "
Roohi KaushalPunjab
"My premium gets paid directly from the bank & I get a confirmation of it, making it a hassle free process."
Kiran AhluwaliaUttarakhand
"PNB MetLife insurance policy plan covers risks well for the premium amount paid."
Ganesh DubeyBihar
"PNB MetLife Plan is beneficial to my family in case of an unfortunate event."
SatishHaryana
"The Insurance Policy is affordable and I would recommend it to everyone."
Parveen KumariPunjab
"The plan is reasonable making it easy for anyone to pay. "
Atul Kumar SinhaUttar Pradesh
"I was worried earlier since it was an international company, but now since its PNB MetLife, I have faith that the insurance policy will be a good one."
Suraj Singh KushwahDelhi
"PNB MetLife is a trust worthy company and we know our investments here are safe."
Devilal PatelRajasthan
"My claim process was quick & easy and I got my insurance policy in one day!"
Mr. Jasbir Singh SahiHaryana
"We had paid one year premium only and there was an unfortunate event in my family, I received the claim money without any hassle which enabled me to payoff my loans."
Mrs.Radha raniPunjab
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