Bajaj Nvestment Plans vs Pnb Metlife

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Bajaj Nvestment Plans vs Pnb Metlife

COMPANY DETAILS Edit Bajaj Investment Plans

Bajaj Nvestment Plans

Edit PNB MetLife India Insurance

Pnb Metlife

Rating
Number of life insurance plans and add-ons
Annual Premiums Collected (2024-25)

Annual Premiums Collected (2024-25)

000 to No limit

Annual Premiums Collected (2024-25)

7552.39 crores
Payout Options

Payout Options

-

Payout Options

Lump sum, regular frequencies or a combination of both
Claim ratio

Claim ratio

Minimum Age - 5 year%

Claim ratio

99.57%%
Solvency Ratio

Solvency Ratio

80 years

Solvency Ratio

1.72
Branches

Branches

Annual, half-yearly,

Branches

15000+
Riders Available

Riders Available

Minimum Term: 6 years. Maximum Term: 30 years.

Riders Available

Accidental Death Benefit Rider Plus, Serious Illness Rider, Accidental Disability Benefit Rider, Critical Illness Rider, Group Accidental Permanent and Total Disability Plus, Group Accidental Permanent and Partial Disability Plus, Group Illness Serious
Policy Term

Policy Term

5 to 30 years

Policy Term

5 to 40 years

Overview

Bajaj Investment Plans: Overview

Bajaj Life Insurance is a leading life insurance company offering diverse solutions, including life, term, child, retirement, and investment plans.

Bajaj Investment Plans help you grow your investments and build a corpus to fulfill your financial requirements. These plans also offer life coverage to protect your loved ones.

Bajaj Investment Plans address your investment needs by offering:

  • Creates Saving Habit
  • Financial Protection
  • Tax Savings
  • Emergency Fund Building

Riders

Riders You Can Avail With PNB MetLife Life Insurance Plans

Name of the Rider Benefits
PNB MetLife Accidental Death Benefit Rider This rider provides an additional amount in case of the policyholder's unfortunate death due to an accident.
PNB MetLife Terminal Illness Rider This rider offers additional benefits if the policyholder is diagnosed with any terminal illnesses mentioned in the brochure.
PNB MetLife Waiver of Premium Rider This rider ensures that future premiums are waived in case of total and permanent disability of the life assured. This benefit can be purchased by paying a nominal extra premium over the base premium.
PNB MetLife Critical Illness Rider This rider provides an additional payout upon diagnosis of any of the 10 critical conditions mentioned in the policy document. It acts as an additional health cover under the base policy, with flexible rider term and sum assured options to suit your needs.

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Bajaj Investment Plans

Bajaj Investment Plans help you build a corpus over time to fulfill your future financial goals.

Investment Plan Plans

Investment Plan

Bajaj Assured Wealth Goal is a non-linked, non-participating life insurance savings plan. It offers the dual benefit of saving and insurance under the...

Unique Features

  • Joint life cover
  • Six variants
  • Regular guaranteed income

Bajaj Assured Wealth Goal (Pros)

Bajaj Assured Wealth Goal
  • Joint life cover
  • Six variants
  • Regular guaranteed income

Bajaj Assured Wealth Goal (Cons)

Bajaj Assured Wealth Goal
  • No coverage for pre-existing conditions
  • Suicidal exclusion
  • No auto-cover continuance

Bajaj Assured Wealth Goal (Other Benefits)

Bajaj Assured Wealth Goal
  • Death Benefits
  • Maturity Benefits
  • Tax Benefits

Bajaj Assured Wealth Goal (Eligibility Criteria)

Bajaj Assured Wealth Goal
  • Minimum entry age - 0 years
  • Maximum entry age - 55 years
  • Minimum sum assured - Rs 30
  • 000
  • Maximum sum assured - No limit
  • Maximum policy term - 44 years.

Investment Plan

Bajaj Flexi Income Goal is a non-linked, participating, guaranteed income Life insurance plan. It offers the dual benefit of insurance and savings. Ra...

Unique Features

  • Life cover up to 99 years
  • Joint life cover
  • Regular steady income

Bajaj Flexi Income Goal (Pros)

Bajaj  Flexi Income Goal
  • Life cover up to 99 years
  • Joint life cover
  • Regular steady income

Bajaj Flexi Income Goal (Cons)

Bajaj  Flexi Income Goal
  • No pre-existing condition coverage
  • Suicide exclusion
  • No auto-cover continuance

Bajaj Flexi Income Goal (Other Benefits)

Bajaj  Flexi Income Goal
  • Cash bonuses
  • Death Benefits
  • Maturity Benefits

Bajaj Flexi Income Goal (Eligibility Criteria)

Bajaj  Flexi Income Goal
  • Minimum entry age: 0 years
  • Maximum entry age: 99 years
  • Minimum sum assured: Rs 1
  • 58
  • 400
  • Maximum sum assured: No limit
  • Maximum policy term: 60 years

Investment Plan

Bajaj Life Guaranteed Income Goal by Bajaj Life Insurance is a non-linked savings life insurance plan. It offers the dual benefit of saving and insura...

Unique Features

  • Guaranteed returns
  • Choice of two variants
  • Policy loan available

Guaranteed Income Goal (Pros)

Guaranteed Income Goal
  • Guaranteed returns
  • Choice of two variants
  • Policy loan available

Guaranteed Income Goal (Cons)

Guaranteed Income Goal
  • Suicide not covered
  • Aviation accidents not covered
  • Adventurous activities not covered

Guaranteed Income Goal (Other Benefits)

Guaranteed Income Goal
  • Guaranteed increasing income
  • Extended life cover
  • Flexible policy and premium payment term

Guaranteed Income Goal (Eligibility Criteria)

Guaranteed Income Goal
  • Entry Age: Minimum 6 years
  • Maximum 60 years; Sum Assured: No limit; Maximum Maturity Age: 72 years

Investment Plan

Bajaj POS Goal Suraksha Plan by Bajaj Life Insurance is a combination of a life insurance plan and a savings plan. It provides death benefits to your ...

Unique Features

  • Guaranteed Additions
  • Limited Payment Term
  • Alter Payment Modes

POS Goal Suraksha (Pros)

POS Goal Suraksha
  • Guaranteed Additions
  • Limited Payment Term
  • Alter Payment Modes

POS Goal Suraksha (Cons)

POS Goal Suraksha
  • Lack of Pre-existing Condition Coverage
  • Suicide Exclusion
  • No Auto-Cover Continuance

POS Goal Suraksha (Other Benefits)

POS Goal Suraksha
  • Policy Loan
  • Tax Benefits
  • Death Benefits

POS Goal Suraksha (Eligibility Criteria)

POS Goal Suraksha
  • Minimum Entry Age: 0 years
  • Maximum Entry Age: 55 years
  • Minimum Sum Assured: Rs 30
  • 000
  • Maximum Sum Assured: Rs 25 lakhs
  • Maximum Policy Term: 20 years.

Investment Plan

Bajaj Life Income Assure Plan by Bajaj Life Insurance is a participating savings plan offering guaranteed regular monthly income and assured life cove...

Unique Features

  • Guaranteed Monthly Income
  • Choice of Payout Options
  • High Sum Assured Rebate

Income Assure (Pros)

Income Assure
  • Guaranteed Monthly Income
  • Choice of Payout Options
  • High Sum Assured Rebate

Income Assure (Cons)

Income Assure
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Income Assure (Other Benefits)

Income Assure
  • Choice of 2 life cover variants
  • Flexibility to choose premium payment term
  • Special premium rates for women

Income Assure (Eligibility Criteria)

Income Assure
  • Minimum entry age- 0 years
  • Maximum entry age- 50 years
  • Minimum sum assured- 144 times of Guaranteed Monthly Income
  • Maximum sum assured- No limit
  • Maximum policy term- 24 years
Naval Goel

Reviewed By: Naval Goel

Naval Goel is the CEO & founder of PolicyX.com. Naval has an expertise in the insurance sector and has professional experience of more than a decade in the Industry and has worked in companies like AIG, New York doing valuation of insurance subsidiaries. He is also an Associate Member of the Indian Institute of Insurance, Pune. He has been authorized by IRDAI to act as a Principal Officer of PolicyX.com Insurance Web Aggregator.