OneAssure Verdict

Company Stats

About the company

Insurance Policies

KYC Documents

Claims

Renewals

Contact

Other companies

FAQs

PNB MetLife India Insurance

6.6/10

OneAssure Rating

99.2%

Claim Settlement Ratio

7500+

Network Hospitals

6.6/10

OneAssure Rating

Our Verdict

PNB MetLife's term insurance policies offer comprehensive coverage, including waiver of premiums upon diagnosis of terminal illness or accidental disability. They provide accelerated payouts for terminal illnesses and offer whole life cover options .Additionally, discounts are available for female customers and other categories.

Pros

Waiver on premium

All future premiums, including add-ons like spouse and step-up benefits, are waived

Security till 99

Secure your life till 99 years of age

Extended spouse coverage

Optional spouse cover up to 50% sum assured, Your partner will continue to get coverage even in your absence

Pros

Cons

High complaint volume

Notable number of customer complaints per 10,000 claims filed

Stringent Medical Underwriting

Comprehensive health evaluations may lead to policy issuance delays.

Lack of pay options

Not many pay options are available to fasten the process.

Cons

Company Stats

Industry Avg.

14176.1

PNB MetLife India Insurance

9732.28

Premium Underwritten

Industry Avg.

2.16

PNB MetLife India Insurance

1.71

Solvency Ratio

Rating 6.6/10

Solvency2.1/4

AUM1.5/3

Growth3/3

About the Company

PNB MetLife is a collaboration between Punjab National Bank and MetLife, dedicated to providing comprehensive life insurance solutions tailored to the diverse needs of Indian families. Their Mera Term Plan Plus is a customizable term insurance offering that provides life coverage up to the age of 99. This plan allows policyholders to include their spouse under the same policy and offers options for premium return upon survival. Additionally, it provides coverage enhancement choices, such as protection against critical illnesses and accidental disabilities, ensuring a robust safety net for policyholders and their loved ones.

The managing director and CEO of this reputed organization Mr Sameer Bansal, follows the ‘Circle of Life’ philosophy to formulate their products and policies that can cater to the different phases of an individual’s life.

Insurance Policies

Pnb Metlife Term Insurance Policy And Plan

KYC Documents Required

Pan Card No.

Aadhar Card

Recent Photograph

Cancelled Cheque with Name Printed

Bank Statements

Salary Slip of Latest 3 Months

Covid Vaccination

Claim Settlement

Claim Procedure

Step 1 - Contact OneAssure Promptly

Step 2 - Submit Necessary Documents

Step 3 - Verification and Assessment

Step 4 - Claim Settlement Process

Renewal

Online Renewal

Step 1 - Visit the official PNB MetLife website or download the mobile app.

Step 2 - Log in to your account using your credentials (policy number, mobile number, or email).

Step 3 - Navigate to the "Renew" section or select the policy you want to renew.

Step 4 - Review your policy details and select the preferred payment method.

Step 5 - Make the payment securely and receive an acknowledgment of your successful renewal.

Offline Renewal

Step 1 - Visit your nearest PNB MetLife branch or contact your insurance agent.

Step 2 - Provide your policy number and other necessary details to the representative.

Step 3 - Submit the required documents, including a valid ID proof and address proof if necessary.

Step 4 - Pay the renewal premium either through cheque, demand draft, or cash, as per the payment options available at the branch.

Step 5 - Receive the updated policy documents from the representative, confirming your policy renewal.

Key points

Get timely renewal reminders through email and SMS alerts.

Use the grace period to renew without losing policy coverage.

Pay flexibly via credit/debit cards, net banking, or more.

Enjoy renewals without medical tests or re-assessments required.

Customer Support

Talk to our experts for Insurance Assistance for FREE

For PNB MetLife India Insurance customer care :

Toll Free - 1800 425 6969

E-mail - claimshelpdesk@pnbmetlife.com

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PNB MetLife India Insurance

Our Verdict

Pros

Waiver on premium

Security till 99

Extended spouse coverage

Pros

Cons

High complaint volume

Stringent Medical Underwriting

Lack of pay options

Cons

Company Stats

Rating 6.6/10

About the Company

Insurance Policies

Pnb Metlife Term Insurance Policy And Plan

KYC Documents Required

Pan Card No.

Aadhar Card

Recent Photograph

Cancelled Cheque with Name Printed

Bank Statements

Salary Slip of Latest 3 Months

Covid Vaccination

Claim Settlement

Claim Procedure

Claim Procedure

Step 1 - Contact OneAssure Promptly

Step 2 - Submit Necessary Documents

Step 3 - Verification and Assessment

Step 4 - Claim Settlement Process

Renewal

Online Renewal

Online Renewal

Step 1 - Visit the official PNB MetLife website or download the mobile app.

Step 2 - Log in to your account using your credentials (policy number, mobile number, or email).

Step 3 - Navigate to the "Renew" section or select the policy you want to renew.

Step 4 - Review your policy details and select the preferred payment method.

Step 5 - Make the payment securely and receive an acknowledgment of your successful renewal.

Offline Renewal

Offline Renewal

Step 1 - Visit your nearest PNB MetLife branch or contact your insurance agent.

Step 2 - Provide your policy number and other necessary details to the representative.

Step 3 - Submit the required documents, including a valid ID proof and address proof if necessary.

Step 4 - Pay the renewal premium either through cheque, demand draft, or cash, as per the payment options available at the branch.

Step 5 - Receive the updated policy documents from the representative, confirming your policy renewal.

Key points

Customer Support

For PNB MetLife India Insurance customer care :

Other related companies

Frequently Asked Questions

1. HOW TO BUY PNB METLIFE INSURANCE FROM ONEASSURE?

2. TAX BENEFITS

3. HOW TO RENEW PNB METLIFE INSURANCE PLANS?

Frequently Asked Questions