Pnb Metlife vs Lic Pension Plans Life Insurance 2026 | PolicyX
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Pnb Metlife

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Lic Pension Plans

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

Annual Premiums Collected (2024-25)

₹ 7552.39 crores

Annual Premiums Collected (2024-25)

₹ Rs 1 lakh to No limit
Payout Options

Payout Options

Lump sum, regular frequencies or a combination of both

Payout Options

-
Claim ratio

Payout Options

99.57%%

Payout Options

Minimum Age- 30 year%
Solvency Ratio

Solvency Ratio

1.72

Solvency Ratio

85 years
Pan India Presence

Pan India Presence

15000+

Pan India Presence

Annual, half-yearly,
Riders Available

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

Riders Available

10 to 30 years
Inception year

Inception year

-

Inception year

-
Complaint ratio per ₹1 crore of premium collected

Complaint ratio per ₹1 crore of premium collected

-

Complaint ratio per ₹1 crore of premium collected

-
Average claim settlement time

Average claim settlement time

-

Average claim settlement time

-
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Expert Reviewed

Reviewed By: Naval Goel

Naval Goel has over a decade of expertise in the insurance sector, having worked with companies like AIG, New York. He is an Associate Member of the Indian Institute of Insurance, Pune, and is authorized by IRDAI to act as Principal Officer of PolicyX.com Insurance Web Aggregator.

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