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PNB Metlife India Insurance

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PNB Metlife India Insurance Company is one of the most reputed insurance companies that has declared profits for the past five financial years. It offers various types of plans ranging from simple protection plans to pension plans as per its customers needs.

PNB MetLife India Insurance Company Limited is a leader in the Indian insurance space. The shareholders of the company include Punjab National Bank Limited (PNB), MetLife International Holdings LLC (MIHL), Jammu & Kashmir Bank Limited (JKB), and M. Pallonji and Company Private Limited, among other private investors. PNB and MIHL are the prime shareholders of the company. The MD and CEO of PNB MetLife is Ashish Kumar Srivastava.

The company was launched in 2001. It consolidates the financial strength of MetLife Inc. and the trustworthiness of PNB to create an insurance provider with global insurance expertise and a vast distribution network.

The insurance company has a presence in 107 locations throughout the country. The company caters to more than 100 million customers across 10,000 locations. The products offered by the insurer include retirement and protection schemes for its varied customer base. PNB MetLife has constantly declared profits for the last 5 financial years.


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:

Plan Type Sum assured Coverage Term
PNB MetLife Mera Term Plan Starting from Rs.10 lakh Up to 75 years
PNB MetLife Family Income Protector Plus Upto Rs.1.42 crore Up to 75 years
PNB MetLife POS Suraksha Minimum basic sum assured: Rs.50,000 Maximum basic sum assured: Rs.15 lakh (in multiples of 50,000) For a 5-year PPT: 10 years For a 10-year PPT: either 10 years or 15 years
PNB MetLife Mera Heart and Cancer Care For the cancer cover:
  • Minimum sum assured amount: Rs.5 lakh
  • Maximum sum assured amount: Rs.40 lakh
For the heart cover:
  • Minimum sum assured amount: Rs.5 lakh
  • Maximum sum assured amount: Rs.40 lakh
For the heart and cancer cover together:
  • Minimum sum assured amount: Rs.10 lakh
  • Maximum sum assured amount: Rs.80 lakh
The policy is offered for fixed terms of 10, 15, and 20 years. The premium paying term (PPT) available in the plan will be equal to the policy term
PNB MetLife Mera Jeevan Suraksha Plan Minimum basic sum assured amount: Rs.25 lakh Maximum basic sum assured amount: No limitations (subject to Board-approved underwriting policies) Minimum policy term: 10 years Maximum policy term: 40 years (if policyholder has selected the option ‘with return of premiums’)
MetLife Grameen Ashray Minimum sum assured amount: Rs.5,000 Maximum sum assured amount: Rs.50,000 The policy is offered for a fixed term of 5 years
PNB MetLife Complete Care Plus Minimum sum assured amount per member: Rs.5,000 per member Maximum sum assured amount per member: Rs.100 crore for each life -
PNB MetLife Group Term Life Plus Minimum sum assured amount - Rs.1,000 per life/member Maximum sum assured amount - dependent on the administration’s rules of the group insurance scheme The policy can be renewed after a year (one year renewable term)
PNB MetLife Loan and Life Suraksha Minimum sum assured amount per member - Rs.5,000 Maximum sum assured amount per member - No limitations Minimum policy term -
  • For single pay - 2 years
  • For 5-pay - 5 years
  • For 10-pay - 10 years
Maximum policy term -
  • For single and 5-pay - 25 years
  • For 10-pay - 30 years
PNB MetLife Pradhan Mantri Jeevan Jyoti Bima Yojana Sum assured amount - Rs.2 lakh The policy is offered for a fixed term of one year. Thereafter, the same can be renewed on a yearly basis
PNB MetLife Complete Loan Protection Plan Minimum sum assured amount per member - Rs.5,000 Maximum sum assured amount per member -
  • For life protection and life protection plus - no limitations (subject to Board-approved underwriting policies)
  • For accidental and critical illness safeguard - 100% of the base sum assured amount with a Rs.1 crore maximum limit
Minimum policy term -
  • For single pay - 2 years
  • For limited pay - 5 years
Maximum policy term -
  • For life protection and life protection plus - 40 years (subject to maximum age of maturity being either 80 years or less than that)
  • For accidental safeguard - 40 years (subject to maximum age of maturity being either 75 years or less than that)
  • For critical illness safeguard - 30 years (subject to maximum age of maturity being either 75 years or less than that)

PNB MetLife Savings Plans:

Type of the Plan Minimum and Maximum Sum Assured Amount Policy Term
MetLife Mera Wealth Plan Sum assured multiple -
  • For single pay - 1.25
  • For other pays - 10 or (0.5 * policy term), whichever amount is higher
Minimum policy term -
  • For single pay - 10 years
  • For 5-pay - 10 years
  • For 10-pay - 11 years
  • For regular pay - 10 years
Maximum policy term -
  • For single pay - 20 years
  • For 5-pay - 20 years
  • For 10-pay - 30 years
  • For regular pay - 30 years
PNB MetLife Endowment Savings Plan Plus Minimum sum assured amount - Rs.2.20 lakh Maximum sum assured amount - No limitations (subject to Board-approved underwriting policies) Policy term for the savings option -
  • For 5-pay and 7-pay PPT: 10-25 years cover term
  • For 10-pay PPT: 15-25 years cover term
  • For regular pay PPT: 10-25 years cover term
Policy term for the savings plus option -
  • For 5-pay and 7-pay PPT: 10-25 years cover term
  • For 10-pay PPT: 15-25 years cover term
  • For regular pay PPT: 10-15 years cover term
PNB MetLife Whole Life Wealth Plan Multiples of the sum assured cover -
  • If entry age is less than 45 years - 0.5 * (70 - entry age), subject to a least of 10
  • If entry age is more than 45 years - 0.25 * (70 - entry age), subject to a least of 7
Minimum policy term - 99 minus the entry age Maximum policy term - 99 minus the entry age
MetLife Smart Platinum Sum assured is given out in multiples Information not provided
PNB MetLife College Plan Minimum sum assured amount - Rs.2.12 lakh Maximum sum assured amount - Rs.5 crore Minimum policy term - 12 years Maximum policy term - 24 years
MetLife Dhan Samriddhi Plan Sum assured multiple - The policyholder may choose either 1.25 or 10 times the single premium amount as sum assured The policy is offered for a fixed term of 10 years
PNB MetLife Income Protection Plan Minimum basic sum assured amount - dependent on the minimum premium payable Maximum basic sum assured amount - Rs.10 lakh Policy terms available under the plan -
  • If plan option is 100% RoP then for 5 year PPT - 15 years will be the cover term
  • If plan option is 110% RoP then for 7 year PPT - 15 years will be the cover term
  • If the plan option is 130% RoP then for 7 year PPT - 15 years will be the cover term
  • If the plan option is 130% RoP then for 7 year PPT - 20 years will be the cover term
  • If the plan option is 130% RoP then for 10 year PPT - 20 years will be the cover term
  • If the plan option is 150% RoP then for 10 year PPT - 20 years will be the cover term
PNB MetLife Monthly Income Plan - 10 Pay The base sum assured amount will be annualised premium X 11 The policy is available for a fixed term of 10 years
MetLife Smart Child The sum assured given out in the policy will be - Annualised premium X 10 The policy is offered for fixed terms of 10 years, 15 years, and 20 years
MetLife Smart One The sum assured multiple will be -
  • In the first policy year - single premium X 5
  • For the rest of the policy term - single premium X 1.25
The policy is available for a term of 10 - 20 years
MetLife Mera Wealth Plan The sum assured multiple will be -
  • For single pay - 1.25
  • For other options - either (policy term * 0.5) or 10, whichever amount is higher
Minimum policy term -
  • For single pay - 10 years
  • For 5 pay - 10 years
  • For 10 pay - 11 years
  • For regular pay - 10 years
Maximum policy term -
  • For single pay - 20 years
  • For 5 pay - 20 years
  • For 10 pay - 30 years
  • For regular pay - 30 years
MetLife Money Back Plan Minimum sum assured amount - Rs.2.5 lakh Maximum sum assured amount - Rs.5 crore The policy is offered for a fixed term of 10 years
MetLife Bachat Yojana Minimum sum assured amount - Rs.64,800 Maximum sum assured amount - Rs.5 lakh The policy is offered for a fixed term of 15 years
MetLife Guaranteed Savings Plan Minimum sum assured amount -
  • For 5 pay - Rs.4 lakh
  • For 7 pay - Rs.2 lakh
  • For 10 pay - Rs.1.50 lakh
Maximum sum assured amount - No limitations (subject to Board approved underwriting policies)
The available policy terms are -
  • For 5 pay - 10 years
  • For 7 pay - 15 years
  • For 10 pay - 20 years
MetLife Bhavishya Plus Minimum sum assured amount - Rs.92,320 Maximum sum assured amount - Rs.5 lakh Minimum policy term - 12 years Maximum policy term - 24 years

PNB MetLife Pension Plans:

Type of the Plan Minimum and Maximum Sum Assured Amount Policy Term
PNB MetLife Superannuation Regular payouts are given out as annuities The policy can be renewed on a yearly basis
PNB MetLife Traditional Employee Benefit Plan Information not provided The policy can be renewed on a yearly basis
PNB MetLife Unit Linked Employee Benefit Plan Sum assured is given out in the form of annuity The policy can be renewed on a yearly basis
PNB MetLife Immediate Annuity Plan Sum assured is given out in the form of annuity Minimum annuity payout: Rs.1,000 for each month Information not provided
MetLife Retirement Savings Plan As per PNB MetLife’s Board underwriting Policy Single Pay Premium: 20 years Others: 30 years

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.

Year Claim Ratio Total Earned Premium
2017 - 2018 90.33% 3,953.51

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.

PNB Metlife Life Insurance
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News About PNB Metlife Insurance

  • PNB Gained Control of Public Sector Banks

    State-owned Punjab National Bank has been in the news for having collaborated with two other Government-owned entities, that include Oriental Bank of Commerce, Allahabad Bank, and Andhra Bank. This collaboration is a direct result of New Delhi trying to reduce the number of state-owned leaders in the city. This is one of the first decisions that has been taken by the new established Government after post the Lok Sabha election results. The exit polls show that Narendra Modi led BJP Party could easily win with a substantial majority of seats. The proposal of merging PNB with the other entities/banks has currently been put before the Cabinet for its approval. This news has been revealed by a source of the Indian Government. At present, there are about 20 state-run banks following the mergers of small banks with Bank of Baroda, State Bank of India, and IDBI Bank, taken over by the state-owned insurance provider, Life Insurance Corporation of India. According to reports, PNB will commence the procedure of taking over these entities in the upcoming three months, according to sources. The Government’s effort to revive the banking sector has been an injection of $36 billions of taxpayers’ money in the last five years.

    22 May 2019

  • MetLife Expected to Place Stake in PNB

    One of the major insurance companies currently operating in the market, MetLife has plans to invest additional stake in the insurance company – PNB MetLife India Insurance Company after it failed to unlock value via the means of a public offering.

    An individual who is close to the development said that the US based insurer is now looking to purchase stakes in the Indian insurance company. PNB MetLife had initially filed for an IPO in the month of August 2018 with the perspective to get listed by the month of January 2019. Owing to the prevailing market conditions during that time, this particular listing did not take place. This in turn resulted in the exit of multiple senior level officials.

    The insurance domain is currently undergoing a phase of consolidation after the legislation enabled foreign insurance companies to raise the stakes to 49 percent. After the implementation of the law, three major life insurers namely ICICI Prudential Life, SBI Life, and HDFC Life have listed their respective shares on the stock exchanges.

    31 January 2019

  • PNB Metlife and ESAF to tie up for insurance distribution

    ESAF Small Finance Bank, a bank that is based in Kerala and PNB Metlife, one of the major insurance providers in the country have decided to come together with a strategic that will give all the customers of the ESAF Small Finance Bank network a larger financial services suite. The partnership will give PNB Metlife the option to approach all the existing and new customers of ESAB SFB with insurance products. This will also ESAF SFB an option to give their customers a number of insurance products and services. Both the companies signed a corporate agency agreement making the partnership official. According to the agreement, ESAF SFB will be using its outlets to provide customers with PNB Metlife insurance products.

    10 January 2019

  • PNB MetLife Partners With J&K Bank To Launch ‘Family Protection Savings’

    PNB MetLife, one of India’s leading life insurance provider and Jammu & Kashmir Bank (JKB) have recently joined hands to launch the JKB Family Protection Savings Bank Account. This solution relies heavily on technology and has been designed considering the terrain of J&K. The JKB Family Protection Savings Bank Account is basically a savings bank account with built-in protection. Speaking at the launch, Mr. Samrat Das, CIO, said that customizable platforms and platforms can help greatly deepen impact and reach in challenging terrains of places like Jammu & Kashmir. The JKB Family Protection Savings Bank Account is based on a revolutionary path-breaking technology

    14 April 2017

  • PNB MetLife claims employees prefer life insurance from employers

    A study by popular life insurer PNB MetLife has thrown a new light on how employees perceive and desire their life insurance schemes.

    While more than 70% of employees preferred to have life insurance offered through their employers, only about 30% of employers actually provided this benefit to their employees. While 60-70% of employees agreed on availing a life insurance without the support of the employer, being worried about the financial security of their families and rising education costs for children, about 57% were concerned about extending their retirement age beyond 65 due to worries of not having a comfortable lifestyle post retirement. Over 200 employers and 2000 employees participated in this survey.

    27 August 2015

  • Long-term investment plan launched by PNB MetLife.

    PNB MetLife has introduced a comprehensive online ULIP plan called Mera Wealth Plan. This life insurance plan caters to long-term investment needs like children’s education, retirement and any specific requirement of the policyholder. From the sixth year of the policy, loyalty additions will be done every year until the maturity date.

    24 August 2015

  • New Reinstatement Drive from PNB MetLife

    A major private sector life insurance provider, PNB MetLife has recently launched a drive for reinstatement that targets customers whose policies had lapsed during the past 2 years. This drive is meant to enable existing customers to restart their policies without paying reinstatement charges or interests, and with decreased or non-existent health/medical related requirements.

    According to Mr Tarun Chugh, CEO and MD of PNB MetLife, the overall protection level of Indian citizens is just 60% of Gross Domestic Product (GDP), whereas the figure stands at 178% and 99% for Malaysia and China respectively. Therefore, it becomes imperative for Indians to ensure they have life insurance policies, so as to offset any financial troubles for their families. PNB MetLife hopes to assist customers with reinstatement so that they are not left cover-less. Reinstatement can be done by visiting the official website, or calling the company’s customer care.

    2 February 2015

  • PNB MetLife Introduces New Life Plan ‘Met Loan & Life Suraksha’

    PNB MetLife and its partner J&K Bank have launched a new life plan called ‘Met Loan & Life Suraksha’. This new, non-linked, life assurance product is a group term plan offered to provide financial protection to borrowers availing home, personal, auto and education loans. This offering is an effort by J&K Bank to enhance value to its loan customers. Benefits, received in the event of a borrower’s untimely death, can be used to repay outstanding loan amounts. This way loans are secured thereby reducing NPAs for the bank. For borrowers, this plan safeguards against defaults in the face of uncertainty and promotes sound financial planning.

    Interesting features of the ‘Met Loan & Life Suraksha’ plan are options to insure lives jointly, varied frequencies and modes for payment of premium, unlimited coverage, a low entry age criterion of 15 years and a high maturity age criterion of 70 years. Additionally, there is no cap on the maximum number of members comprising a group under this plan. While this plan is being offered primarily to new borrowers, the bank endeavors to provide this facility to existing borrowers as well.

    8 January 2015

GST of 18% is applicable on life insurance effective from the 1st of July, 2017

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PNB MetLife Life Insurance Reviews

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  • PNB Metlife Life Insurance
    "Good"
    0.5 4.0/5 "Great!"
    I took a endowment policy with PNB Metlife India Inusrance and it was taken 3 years ago. The customer service is very good. They are providing good benefits. I am paying half yearly premium of 6K and need to pay for almost 30 years. I can do the payment via cheque and sometimes online.
    Was this review helpful? 0
    , srinagar
    Reviewed on Jun 07, 2019
  • PNB Metlife
    PNB Metlife Life Insurance
    "GOOD"
    0.5 4.0/5 "Great!"
    I am having the yearly return policy with the PNB METLIFE INDIA INSURANCE where using from last 7 years. The premium have to pay for 7 years, and i get the 15K for yearly once from 8th month. It has the self coverage with this insurance policy.
    Was this review helpful? 0
    , hyderabad
    Reviewed on May 15, 2019
  • PNB Metlife Life Insurance
    "GOOD"
    0.5 4.0/5 "Great!"
    PNB METLIFE INDIA INSURANCE is the insurance provider where i am using it since from last 8-9 years and the maturity period of this policy is for 15 years also the policy gives the coverage of self also the documentation process was simple and easy.
    Was this review helpful? 0
    , hyderabad
    Reviewed on May 10, 2019
  • PNB Metlife Life Insurance
    "GOOD"
    0.5 5.0/5 "Blown Away!"
    I am holding the life insurance policy with the PNB METLIFE INDIA INSURANCE where the policy has the maturity period of long term policy added on that the premium paying on time along with that the policy has the coverage for self also the life coverage.
    Was this review helpful? 0
    , kolkata
    Reviewed on May 10, 2019
  • PNB Metlife Life Insurance
    "Good"
    0.5 4.0/5 "Great!"
    I have taken a term insurance in PNB METLIFE because Karnataka Bank has tied up with this insurer and the executive has suggested me about this plan. I am paying the yearly premium of around 15K through cash. The tenure period is 30 years. The insurance documents has sent on time and the service is good.
    Was this review helpful? 1
    , bangalore
    Reviewed on Apr 30, 2019
  • PNB Metlife Life Insurance
    "Excellent"
    0.5 5.0/5 "Blown Away!"
    I have directly applied with PNB met life.It is 65years Policy and the mode of premium is yearly basis. I am paying the premium through online only.The premium of 14000 is paid on a yearly basis. I have not faced any issues till now .I have received policy documents on time. Will be getting message for the due payment as well .The Overall service is good.
    Was this review helpful? 0
    , pune
    Reviewed on Mar 18, 2019
  • PNB Metlife Life Insurance
    "GOOD"
    0.5 4.0/5 "Great!"
    I am holding the corporate life insurance policy with the PNB METLIFE INDIA INSURANCE, the maturity period of this policy is for a long term. The premium paid by the company also the policy has the good sum assured with this insurance policy.
    Was this review helpful? 1
    , bangalore
    Reviewed on Mar 13, 2019
  • PNB Metlife Life Insurance
    "They are giving more complementary things. "
    0.5 4.0/5 "Great!"
    I have taken my endowment plan with PNB Met life. Basically its a tie up with Punjab National bank. I have purchased this policy 4 years ago. The reason for choosing this policy 5 years tenure period which is the lowest one. The maturity will be in 10 years. I used to make the payment through credit card. They should disclose the bonus and other benefits details to the customer. In PNB, I'm expecting good returns in a short time. The customer care service is really pathetic.
    Was this review helpful? 0
    , new delhi
    Reviewed on Dec 02, 2018
  • PNB Metlife Life Insurance
    "Best policy"
    0.5 5.0/5 "Blown Away!"
    I have my life insurance policy with PNB MET LIFE from last 5 months, it is a long term policy. I am not aware of the premium amount as my company pays it. I am convenient with the payment options of this policy and the returns are very good in this policy,
    Was this review helpful? 1
    , chennai
    Reviewed on Nov 29, 2018
  • PNB Metlife Life Insurance
    "Good"
    0.5 4.5/5 "Excellent!"
    Recently I have taken term plan with Punjab Met Life. Monthly have to pay 700 rupees as a premium. It will be auto debited from the HDFC Bank card. I have to pay till 40 years. My family will be getting a good benefits. The policy coverage is 50L. I am satisfied with the benefits. The customer service is good. Go with the benefits of medical life.
    Was this review helpful? 0
    , gurgaon
    Reviewed on Nov 08, 2018
  • PNB Metlife Life Insurance
    "Good Policy"
    0.5 4.0/5 "Great!"
    I am having a Term insurance policy with PNB MET LIFE from last 2 years, Customer service is good with PNB MET LIFE and i am satisfied with the terms and conditions on returns. I pay my premium once in a year and i am convenient with the payment options.
    Was this review helpful? 0
    , chennai
    Reviewed on Sep 29, 2018
  • PNB Metlife Life Insurance
    "Very good service"
    0.5 5.0/5 "Blown Away!"
    I've been using the PNB Metlife insurance policy for a while. I am paying a premium 5 Lac, wife. I am paying the premium directly. It has been a good experience with the policy and their services. I never faced any issues so far.
    Was this review helpful? 0
    , ahmedabad
    Reviewed on Aug 24, 2018
  • PNB Metlife Life Insurance
    "Worst"
    0.5 1.0/5 "Really Bad"
    The worst experience that i had with this bank, because the policy that i have taken from this bank is only to have benefit but instead i could not claim the money when i am in need of that. So, I am currently not using this policy and i feel that I had taken this policy which is unwanted.
    Was this review helpful? 0
    , new delhi
    Reviewed on May 02, 2018
  • PNB Metlife Life Insurance
    "Decent product... Cheaper premium"
    0.5 4.0/5 "Great!"
    Decent product... Cheaper premium.... Value for money..... Go for online option for buying new insurance.... Better product then other competitors.... Would strongly recommend to go for this insurance.... Always for term insurance than other products
    Was this review helpful? 0
    , bangalore
    Reviewed on Apr 09, 2018
  • PNB Metlife Life Insurance
    "Excellent service"
    0.5 5.0/5 "Blown Away!"
    All the queries will be fulfilled by the PNB customer support service. The customer support service is good with the PNB METLIFE INDIA INSURANCE company. I have got the life insurance policy from the PNB METLIFE INDIA INSURANCE company around 2 years ago and this policy has the tenure of 10years. I pay the premium of Rs,6000 per month and it is very good returns.
    Was this review helpful? 0
    , allahabad
    Reviewed on Mar 26, 2018
  • PNB Metlife Life Insurance
    "Good Protection for Family"
    0.5 5.0/5 "Blown Away!"
    PNB Met life is good, the premium is okay and they gave me good coverage . But I haven't check about the claim settle ratio. I have chosen the sum assured value of Rs. 1.5 crore it has max maturity age upto 99 age. My total premium amount around Rs. 30,000 per annum. Which includes Rs. 7000 for critical illness for heart attack and cancer and Rs. 3000 for the accidental cover with Rs. 15 lakhs of coverage.
    Was this review helpful? 0
    , mumbai
    Reviewed on Feb 06, 2018
  • PNB Metlife Life Insurance
    "Trusted Policy"
    0.5 4.0/5 "Great!"
    PNB metlife term insurance benefits are good, they gave me accidental, critical illness cover with rider cover upto age of 75 years. I am making the monthly premium of Rs. 2000 it has the term of 40 years. My nominees will get the sum assured of Rs.2.25 crores from the insurance company.
    Was this review helpful? 0
    , mumbai
    Reviewed on Jan 24, 2018
  • PNB Metlife Life Insurance
    "Good policy to use"
    0.5 4.0/5 "Great!"
    I have my life insurance policy with PNB METLIFE INDIA INSURANCE and it is a term insurance. The tenure of this life insurance policy is 16 years. I pay my premium on monthly basis through ECS and the payment options are convenient for me. I have a coverage amount of Rs 26 lakhs which is satisfactory and i am also happy with the benefits of this policy.
    Was this review helpful? 0
    , mumbai
    Reviewed on Jan 17, 2018
  • PNB Metlife Life Insurance
    "Average"
    0.5 3.5/5 "Pretty good"
    I am having the life insurance policy with the PNB metlife and the services are bit slow but the plans are really good one with them on that time. Response and other things are also too good one with the PNB metlife insurance company. I am happy with them till now.
    Was this review helpful? 0
    , gurgaon
    Reviewed on Jan 17, 2018
  • PNB Metlife Life Insurance
    "Better"
    0.5 4.0/5 "Great!"
    I have taken a MET LIFE with PNB in the year of 2009. It was recommended by one of my friend since I am happy with the policy benefits. It is a tenure of 15 years. The total coverage with the bonus and it will be accumulated around 10L. I was paying 12,000 yearly through net banking.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 12, 2018
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