Sud Life Insurance
vs
Pnb Investment

  • Top life insurers to choose from
  • Multiple sum assured options
  • Choice of premium-payment term
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Sud Life Insurance vs Pnb Investment

Sud Life Insurance

SUD Life is one of the leading life insurance companies that offer a range of insurance products such as term plans, investment plans, savings plan, etc.

Pnb Investment

PNB Met Life Savings and Investment Plan provides the benefits of an insurance cover as well as a market-linked investment allowing the flexibility to invest in equity or debt funds, depending on the investor& 039;s risk appetite.

COMPANY DETAILS Edit SUD Life Insurance

Sud Life Insurance

Edit PNB Metlife Investment Plans

Pnb Investment

Rating
Number of life insurance plans and add-ons
Annual Premiums Collected (2023-24)

Annual Premiums Collected (2023-24)

5746.37 crore

Annual Premiums Collected (2023-24)

Rs 1.5 lakhs to No limit
Payout Options

Payout Options

Lump sum, regular frequencies or a combination of both

Payout Options

-
Claim ratio

Claim ratio

97.42%

Claim ratio

Minimum Age - 3 year%
Solvency Ratio

Solvency Ratio

2.2

Solvency Ratio

80 years
Branches

Branches

1500+ bank partnersh

Branches

Annually, quarterly,
Riders Available

Riders Available

Family Income Benefit Rider, Accidental Total & Permanent Disability Rider

Riders Available

Minimum term - 6 years Maximum term - 30 years
Policy Term

Policy Term

5 to 40 years

Policy Term

5 to 10 years

Know More About Companies

Overview

SUD Life Insurance: Overview

Star Union Dai-ichi Life Insurance, founded in 2009 is a joint venture between two public sector banks- Union Bank, Bank of India, and a Japanese insurance partner Dai-ichi Life Holdings. SUD offers various life insurance plans including term, saving, wealth, child, and retirement plans covering every aspect of financial requirements. Star Union Life Insurance Company has a PAN India presence with 15,000 bank branches of which 1950 branches are in rural areas making insurance accessible for rural people. Dai-chi Life was founded in Japan in 1902 and established itself as one of the top ten life insurers globally with a good hold over the insurance business. With over 10 million customers around the world Star Union Life Insurance Company is one of the leading insurance companies.

SUD Life Insurance ensures to look after your insurance needs by offering:

why-choose
  • Affordable plans

  • Tax benefits

  • Wide range of plans

  • 24/7 customer services

 

Riders

Riders You Can Avail With SUD Life Insurance Plans

Name of the Rider Benefits
SUD Life Family Income Benefit Rider

Star Union Dai-ichi Life brings you Family Income Benefit Rider - Traditional, which provides income to your family in the event of your unfortunate demise.

SUD Life Accidental Total & Permanent Disability Rider

SUD Life Accidental Total & Permanent Disability Rider will be offered as an add-on benefit to the base plan. This rider provides an extra lump sum if the policyholder passes away due to an accident or gets total permanent disability. 

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PNB Met Life Savings and Investment Plan provides the benefits of an insurance cover as well as a market-linked investment allowing the flexibility to invest in equity or debt funds, depending on the investor& 039;s risk appetite.

Investment Plan Plans

Investment Plan

PNB Century Plan provides you with whole-life (up to 100 years of age) coverage and income. This investment plan offers survival benefits if you outli...

Unique Features

  • Multiple plan options
  • Bonuses
  • Flexible income pay

PNB MetLife Century Plan (Pros)

PNB MetLife Century Plan
  • Guaranteed cash bonuses
  • Multiple income options
  • Waiver of premiums on demise

PNB MetLife Century Plan (Cons)

PNB MetLife Century Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

PNB MetLife Century Plan (Other Benefits)

PNB MetLife Century Plan
  • Death benefits
  • Maturity benefits
  • Tax benefits

PNB MetLife Century Plan (Eligibility Criteria)

PNB MetLife Century Plan
  • Minimum entry age- 30 days
  • Maximum entry age- 65 years
  • Minimum sum assured- Rs 2.4 lakhs
  • Maximum sum assured- No limit
  • Maximum policy term- 100 minus entry age

Investment Plan

Mera Wealth Plan is a ULIP (Unit Linked Life Insurance Plan) that covers your family financially if something happens to you and gets good returns on ...

Unique Features

  • Loyalty additions
  • Dual benefits
  • Partial withdrawals

PNB Metlife Mera Wealth Plan (Pros)

PNB Metlife Mera Wealth Plan
  • Loyalty additions
  • Dual benefits
  • Partial withdrawals

PNB Metlife Mera Wealth Plan (Cons)

PNB Metlife Mera Wealth Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

PNB Metlife Mera Wealth Plan (Other Benefits)

PNB Metlife Mera Wealth Plan
  • Premium discontinuance
  • Death benefits
  • Maturity benefits

PNB Metlife Mera Wealth Plan (Eligibility Criteria)

PNB Metlife Mera Wealth Plan
  • Minimum entry age- 30 days
  • Maximum entry age- 60 years
  • Minimum sum assured- Rs 50 lakhs
  • Maximum sum assured- No limit
  • Maximum policy term- 30 years

Investment Plan

Save more with PNB MetLife Super Saver Plan: protect your family in your absence. PNB MetLife Super Saver plan is a long-term savings and family prote...

Unique Features

  • Waiver of Premium
  • Yearly Cash Bonuses
  • Choice of Plan Options

PNB Metlife Super Saver Plan (Pros)

PNB Metlife Super Saver Plan
  • Waiver of Premium
  • Yearly Cash Bonuses
  • Choice of Plan Options

PNB Metlife Super Saver Plan (Cons)

PNB Metlife Super Saver Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

PNB Metlife Super Saver Plan (Other Benefits)

PNB Metlife Super Saver Plan
  • Maturity Benefits
  • Tax Benefits
  • Death Benefits

PNB Metlife Super Saver Plan (Eligibility Criteria)

PNB Metlife Super Saver Plan
  • Minimum entry age- 0 years
  • Maximum entry age- 60 years
  • Minimum sum assured- Rs 220000
  • Maximum sum assured- No limit
  • Maximum policy term- 20 years

Investment Plan

To Save More, Invest Smartly with the PNB Met Life Bachat Yojana. PNB MetLife Bachat Yojana plan is a long-term saving plan with the benefit of assure...

Unique Features

  • Long-term Saving Plan
  • Earn Cash Bonuses Yearly
  • Lower Premiums

PNB MetLife Bachat Yojana (Pros)

PNB MetLife Bachat Yojana
  • Death Benefit
  • Survival Benefit
  • Maturity Benefit

PNB MetLife Bachat Yojana (Cons)

PNB MetLife Bachat Yojana
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

PNB MetLife Bachat Yojana (Other Benefits)

PNB MetLife Bachat Yojana
  • Comprehensive Protection
  • Flexibility
  • Availability of Riders

PNB MetLife Bachat Yojana (Eligibility Criteria)

PNB MetLife Bachat Yojana
  • Minimum entry age- 20 years
  • Maximum entry age- 60 years
  • Minimum sum assured- Rs 64800
  • Maximum sum assured- 5 lakhs
  • Maximum policy term- 15 years

PNB Metlife Investment Plans Plans

PNB Metlife Investment Plans

PNB MetLife Guaranteed Savings Plan is an individual, non-participating, non-linked savings plus life insurance policy. By serving dual purposes of cr...

Unique Features

  • Get guaranteed Benefits & Yearly Bonuses on Your Savings
  • Rebates on High Sum Assured
  • 2 Add-on Riders Available

PNB Metlife Guaranteed Savings Plan (Pros)

PNB Metlife Guaranteed Savings Plan
  • Maturity Benefits
  • Death Benefits
  • Discount on High Sum Assured

PNB Metlife Guaranteed Savings Plan (Cons)

PNB Metlife Guaranteed Savings Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

PNB Metlife Guaranteed Savings Plan (Other Benefits)

PNB Metlife Guaranteed Savings Plan
  • Yearly Bonuses
  • High Sum Assured Rebates
  • Additional Riders

PNB Metlife Guaranteed Savings Plan (Eligibility Criteria)

PNB Metlife Guaranteed Savings Plan
  • Minimum entry age- 3 years
  • Maximum entry age- 60 years
  • Minimum sum assured- Rs 150000
  • Maximum sum assured- Rs 400000
  • Maximum policy term- 20 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.