PNB Metlife India Insurance

Why Choose PNB MetLife Insurance?

PNB and MetLife have been in the business together for the last 15 years and do not seem to be slowing down in the industry with so much growth and potential. However, that may not be a sufficient reason for an ordinary human to want to opt for their insurance products. Here are some reasons more well-defined than simply what you already know:

1. Brand Value: One of the most important things with the companies involved in this insurance providing group is the fact that the trust that all the 3 companies have from their customers, prior to entering the insurance market has always been very strong and is worth considering essential.
2. Profit Making Organization: The company has reported continuous profits for the last 5 years, and considering their volumes and claims being made it is essential to understand that this organization is today, well established to handle your investments, through participating or linked insurance products alike.
3. Flexibility and Diversity of Products: All the products have highly flexible salient features, such as policy terms or sum assurance amounts. But that is not all, there are products that are already bespoke to the needs of an ordinary man to a multi-billion dollar organization with group insurance requirements. From minimal insurance requirements through micro-insurance products to retirement plans, PNB MetLife have something for everyone.
4. High Claim Settlement Ratio: It is essential that a company provides the finances required when the actual claim is made. This statistic breaks or makes an insurance company and PNB MetLife is not exception. Currently, they are running with a 95% ratio but they have been over 90% consistently for the years earlier.
5. Quality of Services: An international brand involvement somehow guarantees excellent services. MetLife is however, more than just a regular insurance company. In fact, it is considered as being in the big leagues.

Types of Insurance Available from PNB MetLife:

PNB MetLife Protection Plans:

PNB MetLife Savings Plans:

PNB MetLife Pension Plans:

How to Place Claims for Your PNB MetLife Insurance Policy?

Different insurance products may have different claim procedures. But generally life insurance has differences in more of documentation required based on the cause of the event. To give more clarity to the claim process, here is a general step by step process that the rightful claimant can follow to make it easier for all parties at MetLife:

1. Collect all the documentation in one place. More clarity will be provided on what documentation may be necessary, but it generally involves or relates to the type of claim that is being made.
2. You have to make sure that you have copies of the documentation in your system, and easily accessible for reference. The company will investigate the claim, which is why the claim process takes time.
3. Get a copy of a claim form and submit it along with the documents, based on the requirements of your policy. Different types of policies require different types of documents.
4. Once the submission is made, based on the acceptance or rejection of your policy, you will notified through phone or email.
5. The claim amount will be then transferred to the claimant’s bank account.

It is essential to provide all the accurate information for the case, or else the claim will not only be rejected but will break your good will with the company. At the same time it is important that you are aware how the company is performing. In MetLife’s case, the numbers are pleasantly great with 92.86% claims been settled in 2014-15 and 90.25% claims settled in 2013-14. Also, the company has made money with Rs. 2461.19 crores paid as premium and Rs. 2240.59 in the prior year.

Documentation for PNB Metlife Policy Application:

The following are the minimal documentation required for PNB Metlife policy application (not exhaustive list):

• Identity proof of policyholder and nominated
• Address proof
• Income Proofs and bank statements
• Application form
• Other documentation requested by the bank

How to check policy status for PNB MetLife Insurance?

PNB MetLife has over 150 branch offices across the country where one can go with their policy number, submit it along with a proof of identification at the maximum and get to know the details. However, the policy status informationis available to you from the convenience from your home and office as well. You need to simply register online on their website with your policy details. Henceforth, all you need to do is simply go online, login to your account with the login and password and get all the details you need about your policy. This also can be done through email and phone. For those who are less acquainted with digital media might find the phone an easier way of accessing information.

PNB MetLife Insurance Online Payments:

PNB MetLife insurance payments online, is more simplified that you think. Infact all that one needs is their insurance policy number and online banking details. The website has a page Billdesk - PNB MetLife Payment Gateway, which is dedicated to people with requirement of paying premiums online. It also makes sense due to its convenience factors with people, allowing them to not only make regular premium payments but also do it at home or office. The other details that may be required of you, are payment related. It is also a safe mode of payment since you get an instant receipt for the same.

PNB MetLife Insurance Premium Calculator:

When you are buying insurance the first thing one needs to figure out is the coverage amount required for a person. Such online calculators are available and so is the PNB MetLife Insurance Premium Calculator. All you need to here is simply fill in the details such as sum assured and term of the insurance product and you will be given the premium payable monthly. You need to also be alert of the type of calculation method being used or on what amount the premiums are being calculated on. You may not have an accurate idea of the actual number that will be your premium since other charges also apply but you will definitely get an estimate to plan your monthly budget.

PNB Metlife Life Insurance Customer Care:

To facilitate an easy approach for policyholders, PNB MetLife, one of India’s leading insurance provider, has set up a multi-channel customer support system within the organization which enables customers to get in touch with the insurer regarding any policy related questions, concerns or comments. Customers can get in touch with the insurer’s support team by calling on their toll free helpline numbers, via email, or by fax. Customer can also request for help by sending an SMS on the designated number provided by PNB MetLife for policy related queries. There is also a special section called ‘Write TO Us’, using which customers can register their concern/query with the customer support team. Customers can also locate their nearest PNB MetLife branch from the insurer’s website itself. In addition to this, there are several other policy related requests which customers can carry out themselves, such as calculate their policy premiums, pay policy premiums online, request for a renewal receipt, request to meet a PNB MetLife advisor, track their fund value, track their policy application, and purchase a PNB MetLife policy online.

PNB MetLife Insurance FAQ's:

1. What are the life insurance policies that PNB Metlife offers?

   A. Metlife offers protection plans, retirement plans, monthly income plans money back plans, investment plans, child plans, savings plan, rural plans, health plans and rider plans. Visit Metlife website to know more about the various products under each plans.

2. What are the documents that are to be submitted while applying for the insurance?

   A. You will have submit your identity proof, age proof, address proof, income proof and PAN card documents while applying for the insurance.

3. What are the mode of premium payment available?

   A. The payments can be made through cheque, cash or through online payment. You can also give a standing order for the bank to deduct the amount from your debit card or savings account to meet the payment of the policy.

4. How can I make life insurance more affordable?

   A. You can buy the life insurance when you are young as the premium payment will be lower. If you have the option to take a life insurance cover through a group insurance plan offered by your employer, take it.

5. How much life insurance do I need?

   A. You must consider how much your dependents will need to live comfortably and to be able to pay all the bills and meet other expenses while taking a life insurance. You can use the life insurance calculator that PNB Metlife is offering to determine how much insurance is right for you.

6. Can I change my beneficiary or nominee?

   A. Yes, you can change your beneficiary at any time till the maturity date of the policy. You will have to inform PNB Metlife and fill up the beneficiary change request form.

7. What is the free look period offered by PNB Metlife?

   A. You will get a 15 day free look period within which you can return the policy and you will get a full refund.

8. Can I surrender my policy?

   A. Yes, you are allowed to surrender the policy.

9. Can I take a loan on my life insurance policy?

   A. Yes, you can take a loan against PNB Metlife Life insurance policy. You will have to submit a loan request form along with the assignment request form to the nearest branch.

10. How can I make a claim?

    A. You must follow the following steps to make a claim:

    Intimate Metlife

    Send a written intimation of the claim.

    Submit all the relevant document in support to the claim.

    Metlife will then either accept or reject the claim. If it is accepted then you will get the settlement in 15 days. If it is rejected then you will be notified about it and they will also provide you the reason.

11. What is PNB MetLife insurance public disclosure?

    A. The insurance company has to ensure that all the policies are transparent and all the information about the policy is shared with the people except the information of their customers and policyholders. The public disclosure from the insurance company advsises and warns people of the fraudulent activities that take place, where people are asked random information about their insurance. Neither are the information supposed to be shared, nor are they supposed to be asked by the insurance company just like that. Hence, the public disclosure states to stay aloof of such activities especially telecallers.

12. Can we make insurance online payments for PNB Metlife?

    A. Yes, the website allows you to pay online, through their online payment gateway for all the necessary payments needed to made, such as premiums or plan renewals.

13. Where can I find the PNB MetLife insurance application forms?

    A. Almost all application are downloadable from the company website but one can also go to the 150 offices, nearest to his home. The branch locator online, will help to find the office nearest to you.

14. What is the PNB MetLife insurance head office address?

    A. The following is the country head office address:

    Unit No. 701, 702 & 703, 7th Floor,

    West Wing,

    Raheja Towers,

    26/27 M G Road,

    Bangalore - 560001

15. Where can I find the PNB Metlife Insurance forms such as surrender/ cancellation form, etc?

    A. All the claim forms are available online from the PNB MetLife website.

16. What is PNB Metlife's Toll free number?

    A. 1800-425-6969 is the MetLife toll free number, but kindly note that this number is available for people calling from the Indian subcontinent only.

17. How can I change the nomination details in my policy?

    A. Download the beneficiary change request form online and submit it at a branch or mail it to the insurance company office nearest to you.

18. What is the minimum eligibility criteria for PNB Metlife policies?

    A. Like any other company, they need to ensure legitimacy in your want for insurance and assurance that you will pay the premiums whenever due. Hence the following are the most common eligibility criteria: Age between 18 years and 60 years (generally) and citizenship. Some also look for minimum income requirement and an individual’s credit score as well.

19. How to cancel PNB MetLife policy online?

    A. Simply download and fill in a Surrender Request Form sign it along with the original policy document and send it to a PNB MetLife branch.