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PNB MetLife is a partnership between one of the leading Indian banks, Punjab National Bank (PNB) and international’s leading insurance company, MetLife International Holdings LLC (MIHL). These are the principal stakeholders with a few small partners, that is Jammu & Kashmir Bank Ltd(JKB), M. Pallonji & Company Pvt. LTD. and some different small investors. If we consider the fact of 2001, the enterprise has made its presence in all over the country and is one of the leading gamers in the insurance industry with skilled and devoted personnel supplying a wide range of life, health and pension products.
Going a step further, the organization gives basic term plans with some attractive functions and options to make it a wholesome coverage for clients. Keeping the plans good value, the benefits supplied by PNB MetLife life insurance are really worth the funding that one is looking for when it comes to life insurance and financial balance for the family.
It 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. With the choice of Base Sum Assured and Policy Term, you can also choose additional features. These will give you additional benefits in case of certain events during your lifetime.
PNB MetLife Mera Jeevan Suraksha Plan is a solution that offers you the choice – to provide for regular income or a lump sum payout – to secure your family’s dreams in case you are not around. You can opt to cover your spouse in the same plan and also have the option to choose return of premiums on survival till the end of the policy term, making this a truly flexible offering.
PNB MetLife Family Income Protector Plus is a term plan that gives you the flexibility to choose your premium and monthly income. These protection plans provide cover against death during the policy term. This income protection insurance plan gives you the option to get your premiums back at the end of the policy term.
When it comes to term insurance, it is very important to keep the required documents before filing a claim. Here is the list of useful documents that you may require.
Property tax or municipal tax receipt.
Bank account or post office account statement.
Latest utility bills like electricity, gas, and telephone but it should not be more than 2 months old.
Letter of accommodation allotment from state or central government, financial institutions or listed companies.
Passport size photograph
Identity Proof: Any one of the below-mentioned documents are to be submitted towards proof of identity
Voter’s identity card
Job card issued by NREGA, signed by a State Government officer
There are numerous benefits of PNB MetLife Plans are highlighted below:
Affordable - One should go for PNB MetLife plans as they are available at a low premium, ensuring that they utilize their cash judiciously.
Bonus – Pnb Metlife retirement plans earn bonuses, ensuring that the initial investment gives returns over time. This facilitates in beating inflation and growing expenses of medical costs.
Tax savings – You could avail tax advantages at the premium and any amount received, as in keeping with the current provisions of the Income Tax Act.
Flexibility – You can still pick the premium and sum assured, based on their present-day desires and future expectancies.
Limited premium – One wishes to pay the premium for a selected time period, with the policy cover for an extended period.
Protection – Those plans offer financial protection in the occasion of the loss of life of the policyholder.
Loans – Certain schemes, offer loans to policyholders to satisfy emergency financial requirements.