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Old June 1st, 2016, 03:25 PM
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Default What Is PNB Metlife

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  #2  
Old February 12th, 2018, 01:39 PM
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Default Re: what is pnb metlife

What is PNB MetLife India Insurance Company? Also provide me the details of Mera Term Plan of the company?
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Old February 12th, 2018, 01:40 PM
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Default Re: what is pnb metlife

PNB MetLife India Insurance Company Limited (PNB MetLife) is one of the leading life insurance companies in India.

PNB MetLife has as its shareholders MetLife International Holdings LLC (MIHL), Punjab National Bank Limited (PNB), Jammu & Kashmir Bank Limited (JKB), M. Pallonji and Company Private Limited and other private investors, MIHL and PNB being the majority shareholders.

PNB MetLife Mera Term Plan

Term Life Insurance plans are plans where the beneficiary of the insured is provided with financial coverage for a ‘term’ or a ‘specific period of time’.

Upon the unfortunate death of the insured, the beneficiary can rightly claim the amount invested by the insured.

The insured has to pay affordable, monthly premiums to keep the term plan going.

PNB MetLife Mera Term Plan is a customizable protection plan which gives you the flexibility to choose from four payout options and also offers coverage for your spouse in the same policy.

Full Lump Sum Payout
Payout as Lump Sum+ Regular Monthly Income
Payout as Lump Sum+ Increasing Monthly Income
Payout as Lump Sum+ Regular Monthly Income till child turns 21

The company providing a range of health, life and retirement insurance products

Eligibility-

Particulars Boundary Conditions

Minimum Age 18 years
Maximum Age 65 years
Maturity Age #99 years for all options (except Joint Life cover option).
Joint Life Cover option: 75 years (applicable for both Primary & Secondary life)

Minimum Sum Assured 10,00,000

Coverage Period 81 years for all options (except Joint Life Cover option) &
10 years to 40 years for Joint life Cover option (applicable for both Primary & Secondary life), subject to maximum maturity age.

Premium Payment Term Coverage Period

Contact-

PNB MetLife India Insurance Company Limited
Registered Office:
Unit No. 701, 702 & 703, 7th Floor, West Wing,
Raheja Towers,
26/27 M G Road, Bangalore -560001,
Karnataka
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