PNB MetLife Protection Plans are Non- Linked, Non- Participating Plans. It Provides a Financial Security to Your Family in your absence. Here we have provided the Key Features, Benefits and Eligibility of Protection Plans. Life Assured can check the PNB MetLife Protection Plan Online Buying Steps, Premium Calculator, etc. here.
PNB MetLife Protection Plans
PNB MetLife Protection Plans helps you shield your family from uncertainty Situations in the case of your absence. We are all trying to provide comfort and happiness to our loved ones. In Present Conditions, anything can happen to your life, in those situations we have to protect your family financially. Once you assure our family economically, you can lead a tension free life. To protect your Family Financially, you need to invest our money in the right place. For that PNB MetLife Introduces a Different Protection Plans.
PNB MetLife Protection Plan Provides Finacial Protection to your Family in the case of sudden death of life Assured. Interested Persons can buy the MetLife Protection Plans at a very attractive and easily affordable premium. The Various Protections Plans available under PNB MetLife Protection Plans. Those plans will give protection to you Loved ones in uncertainty conditions like sudden/unfortunate death.
PNB MetLife Plans
PNB MetLife India Insurance Company Limited is one of the Best Life Insurance company. It offers you with the Many Best Plans. The Plans include Life Insurance Plans, Protection Plans, Health Plans, Child Plans and many other. These plans will help you to take care of your family or Your Loved ones in case of your Absence. Present-day situations we can’t imagine what will happen to us. In that case, we have to protect our family financially and Economically. For that Purpose PNB MetLife India Insurance Company Introduces Protection Plans. Those PNB MetLife Protection Plans help you to Protect your Family from uncertainty situations. Punjab National Bank MetLife gives you Insurance plans at affordable prices.
PNB MetLife Insurance Company Protection Plans
PNB MetLife Insurance Company provides following Protection Plans. They are
- MetLife Mera Term Plan.
- MetLife Family Income Protector Plus.
PNB MetLife Mera Term Plan Benefits and Features
MetLife Mera Term Plan is a Non- Linked, Non- Participating Term Plans. It is a pure protection plan with a broad range of additional coverage options to protect financial future of your loved ones in an ideal way.
Benefits PNB MetLife Mera Term Plan
PNB MetLife Mera Term Plan offers you full Range of Benefits such as Death Benefit Covers Benefit to Protect your Family.
Death Benefit
In the case of sudden Death of the Policy Holder, the Company will pay the Death Benefit as higher of Basic Sum Assured or 10 Times the Annualised Premiums Paid or 105% of the Total Premiums Paid to the Nominee.
There are also additional benefits for the PNB MetLife Mera Term Plan. For those benefits check the broucher.
Key Features of PNB MatLife Mera Term Plan
- Policy Coverage is available at Affordable Cost.
- You can customise plan with various options.
- Life Stage Protection available.
- It Covers upto 75 years.
- If you are a non- smoker there will have preferred rates.
- There is Tax Benefits as per prevailing Tax Rules.
PNB MetLife Mera Term Plan Eligibility Criteria
| Eligibility | Conditions |
| Entry Age |
|
| Maturity Age | 75 years |
| Sum Assured | Minimum 10,00,000 |
| Policy Term | 10-40 years |
| Premium Payment Modes |
|
PNB MetLife Mera Term Plan Sample Premium Rates
You can check the Sample Premium Rates of PNB MetLife Mera Term Plan.
| Mode of Premium | Multiplicative Factor |
| Yaerly | 1.0000 |
| Montly | 0.0886 |
Furthermore, you can get the complete information regarding PNB MetLife Mere Term Plan Check the Protection Plan Broucher.
PNB MetLife Mere Term Plan Broucher
PNB MetLife Family Income Protector Plus Plan Benefits and Features
MetLife Family Income Protector Plus Plan is a Non – Linked, Non – Participating Term Assurance Plan. PNB MetLife is Presenting on of the Unique Term Insurance Plans to protect your family from financial Uncertainties by giving them monthly income and help you to secure their future.
Benefits of PNB MetLife Family Income Protector Plus Plan
You can find here the benefits of PNB MetLife Family Income Protector Plus Plan. We have listed the Benefits of the PNB MetLife Protection Plan below.
- Death Benefit.
- Maturity Benefit.
Death Benefit
In the case of unfortunate Death of the Policy Holder during the policy term, your family will receive the chosen monthly income. The Benefit Payout time depends on upon the chosen policy term.
| Policy Term | Benift Payout Period |
| 10 Years | 240 Months |
| 15 Years | 180 Months |
| 20 Years | 120 Months |
Maturity Benefit
- No amount is payable in time cover.
- 110% of total premiums paid at the end of policy term.
Key Features of PNB MatLife Family Income Protector Plus Plan
- Up to 20 years Guaranteed Monthly Income Provided YoUR Family on your uncertainties.
- At the End of Policy Time, you will get 110 % of base premium paid back.
- Flexible Monthly Income Options.
- It Provided Tax Benefits.
- You can take all your premiums back in case nothing happened to you at the end of the Policy Term.
PNB MetLife Family Income Protector Plus Plan Eligibility Criteria
| Entry Age |
|
| Maximum Maturity Age | 75 years. |
| Monthly Income Options | Rs.10,000/-, Rs.25,000/-, Rs.50,000/- Rs.75,000/- & Rs.100,000/- |
| Plan options | Term Cover & Term with Return of Premium Option(TROP) |
| Basic Sum Assured | For 10 Years
For 15 Years
For 20 Years
|
| Policy Term |
|
| Premium Payment Modes |
|
PNB MetLife Family Income Protector Plus Plan Sample Premium Rates
Policy Holder can check the Sample Premium Rates of PNB MetLife Family Income Protector Plus Plan.
| Mode of Premium | Multiplicative Factor |
| Yaerly | 1.0000 |
| Half-yearly | 0.5131 |
| Monthly | 0.0886 |
| Payroll Savings Program (PSP) | 0.0868 |
For further more information regarding the PNB MetLife Family Income Protector Plus Plan check the PNB MetLife Protection Plan Broucher.
PNB MetLife Family Income Protector Plus Plan
PNB MetLife Mera Term Plan and Family Income Protector Plus Premium Calculator
To Calculate Premium, Policy Holder needs some basic information like Name, Number, Policy Term, etc. Based on the Policy Term and other details you can calculate the PNB MetLife Premium.
- Name of the Policyholder.
- Email Id.
- Mobile Number.
- Gender.
- Age Proof.
- Policy Term.
- Sum Assured.
Steps to Buy PNB MetLife Protection Plans
The Nominee can visit the nearest PNB MetLife Branch Office to buy the Proposal form. You can also get the PNB MetLife Protection Plan through the Agent.
Documents Required to Open Policy:
- Application form / Proposal form along with the photo.
- Age Proof.
- Address Proof.
- Medical Reports (if required).
PNB MetLife Protection Plans Claim Procedure/ Steps
The Nominee can utilise the Plan in a case of Death of Policy Holder. The Nominee/ family members can apply for Claim through online at the official site. The nominee can apply through alternate channels such as at Branch Office, through Helpline Number, Mail Id.
Documents Required for Claim Process:
- Original Policy Document.
- Original Death Certificate.
- Claim forms.
- Identity Proof of the nominee.
- Date of Birth Proof.
- Address Proof.
- Saving Bank Account No. / MICR No. / IFSC code.
- A copy of Hospital Records, etc.
PNB MetLife Protection Plan Other Details
Policy Loan:
No Policy loan is Allowed under this policy.
Grace Period:
If the insured doesn’t pay the premium within the due date, the company will extend the time to pay the premium is a grace period. PNB MetLife Protection Plan has the grace period of 30 days. The grace period is 15 days in case of monthly mode and PSP Modes. Policy Holder can pay the Premium within the Grace Period if not the policy will lapse.
Policy Revival:
A lapsed Policy Term Plan will be revived within the two years from the date of first unpaid premium. This Term plan will be revived before the expiry period of Policy term.
Surrender Value:
- In the case of pure Term cover, there is no surrender benefit hence no surrender value is payable.
- In the case of Term With Return of Premium option, surrender value is payable.
Free Look Period:
If the Ensured does not satisfied with the Terms and Conditions of the PNB MetLife Protection Policy, Policyholder can return the Protection Plan within 30 Days from the date of receipt of the Policy Document.
Taxes:
Service Tax Will be applied as per the Current Service Tax Laws.