Bajaj Term Insurance Plan vs Pnb Metlife Term Insurance Term Insurance 2026 | PolicyX
COMPANY DETAILS ✎ Edit

Bajaj Term Insurance Plan

✎ Edit

Pnb Metlife Term Insurance

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

Annual Premiums Collected (2024-25)

₹ 160.06 cr

Annual Premiums Collected (2024-25)

₹ 7552.39 Cr
Payout Options

Payout Options

Lump sum, monthly, Lump sum + monthly, Lump sum + increasing monthly payout

Payout Options

Lump sum, monthly, or a combination of both
Claim ratio

Payout Options

99.66%%

Payout Options

99.57%%
Solvency Ratio

Solvency Ratio

2.69

Solvency Ratio

1.72
Pan India Presence

Pan India Presence

598

Pan India Presence

15000+
Riders Available

Riders Available

Terminal Illness Rider, Waiver of Premium Benefit Rider, Critical Illness Rider, Accidental Permanent Total/Partial Disability Benefit Rider, Accidental Death Benefit Rider, Family Protect Rider

Riders Available

Accidental Death Benefit Rider, Terminal Illness Rider, Waiver of Premium Rider, Critical Illness Rider
Inception year

Inception year

2001

Inception year

2001
Complaint ratio per ₹1 crore of premium collected

Complaint ratio per ₹1 crore of premium collected

0.029

Complaint ratio per ₹1 crore of premium collected

0.14
Average claim settlement time

Average claim settlement time

24 hours

Average claim settlement time

15 days
●  Free Expert Advice

Talk to India's Top Insurance Advisor

Get personalised guidance from IRDAI-certified experts — zero cost, zero spam. Our advisors help 1M+ Indians choose the right plan every year.

Other Term Insurance Companies

Trouble connecting with an insurance company?

Contact PolicyX.com
Toll-free: 1800-4200-269
We are happy to help.

Types of Bajaj Term Insurance Plans

Every plan currently being sold by Bajaj Term Insurance, shown side-by-side so you can shortlist quickly.

Bajaj iSecure plan

Bajaj iSecure is a non-linked, non-participating term insurance plan offering advanced, low-cost coverage with a 105% death benefi... Read More

Unique Features

  • 105% Death Benefit
  • Rider Benefit
  • 50 Lakhs Max Sum Assured
Sum AssuredMinimum Entry Age: 18 Years
Entry AgeMaximum Entry Age: 65 Years
View plan

Bajaj Life Secure

Bajaj Life Secure is a whole life term insurance plan offering coverage up to 100 years, with flexible premium payment terms and c... Read More

Unique Features

  • 3 Plan Options
  • Critical Illness Benefit
  • Waiver of Premium
Sum AssuredMinimum Entry Age: 18 Years
Entry AgeMaximum Entry Age: 65 Years
View plan

Bajaj Saral Jeevan Bima

Bajaj Saral Jeevan Bima is a pure-risk term insurance plan providing financial security with a death benefit and tax advantages un... Read More

Unique Features

  • Death Benefit
  • Tax Benefit
  • 25 Lakh Max Sum Assured.
Sum AssuredMinimum Entry Age: 18 Years
Entry AgeMaximum Entry Age: 65 Years
View plan

Bajaj iSecure Loan

The Bajaj iSecure Loan Term Insurance Plan provides crucial debt protection, ensuring outstanding home, personal, or other long-te... Read More

Unique Features

  • Protection against loan
  • Joint life cover
  • Rider benefits
Sum AssuredMinimum Entry Age: 25 years
Entry AgeMaximum Entry Age: 60 years
View plan

Bajaj Lifestyle Secure

Bajaj Lifestyle Secure is a term insurance plan that combines life cover with protection against critical and terminal illnesses. ... Read More

Unique Features

  • Level Cover Term
  • Terminal Illness Cover
  • Flexible-Premium Payment Term
Sum AssuredEntry Age: 18 years
Entry AgeMaximum Entry Age: 50 years
View plan

Bajaj Life Smart Protect Goal

The Bajaj Life Smart Protect Goal is a flexible and economical term insurance plan, offering four distinct variants and the option... Read More

Unique Features

  • Critical illnesses covered
  • Return of Premiums
  • 4 Plan variants
Sum AssuredEntry Age: 18 Years
Entry AgeMaximum Entry Age: 65 Years
View plan

Bajaj Life Diabetic Term Plan Sub 8 HbA1c

The Bajaj Life Diabetic Term Plan Sub 8 HbA1c offers term insurance coverage tailored for pre-diabetics and type 2 diabetics, ensu... Read More

Unique Features

  • Keep Fit Benefit
  • Health Coaching
  • Second Medical Opinion
Sum AssuredMinimum Entry Age: 30 Years
Entry AgeMaximum Entry Age: 60 Years
View plan

Bajaj iSecure More

The Bajaj iSecure More is an increasing cover term insurance plan that provides a financial safety net, with the sum assured growi... Read More

Unique Features

  • Flexible Policy Tenure
  • Option to Avail Joint Life Cover
  • High Sum Assured Rebate
Sum AssuredMinimum Entry Age: 18 years
Entry AgeMaximum Entry Age: 60 years
View plan

Bajaj Life Superwoman Term Insurance Plan

Bajaj Life Superwoman Term Insurance is a specialized plan for women, offering comprehensive financial protection for their famili... Read More

Unique Features

  • Critical Illness Cover
  • Free Health Management Services
  • Child Care Benefit
Sum AssuredEntry age: 18 years Maximum entry age: 60 years Minimum sum assured: ₹50 lakhs Maximum maturity age: 99 years Premium Payment Term (PPT): Regular Pay (RP)
Entry AgeSingle Pay (SP)
View plan

Types of PNB MetLife Term Insurance Plans

Every plan currently being sold by PNB MetLife Term Insurance, shown side-by-side so you can shortlist quickly.

PNB Metlife Aajeevan Suraksha

The PNB Metlife Aajeevan Suraksha Term Plan offers comprehensive whole life coverage up to age 99, with flexible premium payment o... Read More

Unique Features

  • Flexible Premium Payment
  • Joint Life Cover
  • Whole Life Cover
Sum AssuredEntry Age: 18 Years
Entry AgeMaximum Entry Age: 65 Years
View plan

PNB Mera Jeevan Suraksha

The PNB MetLife Mera Jeevan Suraksha Plan is a term insurance product designed for financial protection against death and terminal... Read More

Unique Features

  • Return of Premium Benefit
  • Waiver of Premium
  • Terminal Illness Cover
Sum AssuredEntry Age: 18 years
Entry AgeMaximum Entry Age: 65 years
View plan

PNB Metlife Family Income Protector Plus

The PNB MetLife Family Income Protector Plus Plan is a non-linked term insurance plan that ensures a family receives a regular mon... Read More

Unique Features

  • Monthly Income for 20 years
  • Return of premium
  • Tax benefits
Sum AssuredMinimum Entry Age: 25 years
Entry AgeMaximum Entry Age: 60 years
View plan

PNB MetLife POS Suraksha

PNB MetLife POS Suraksha is an affordable term insurance plan designed to provide a guaranteed monthly income to support a family ... Read More

Unique Features

  • Guaranteed Monthly Income
  • Return of 100% premium
  • Easy Enrollment
Sum AssuredEntry Age: 18 years; Maximum Entry Age: 55 years; Minimum Sum Assured: ₹50
Entry Age000; Maximum Maturity Age: 65 years; Premium Payment Term: Regular Pay/Limited Pay
View plan

PNB MetLife Loan and Life Suraksha

PNB MetLife Loan & Life Suraksha is a term insurance plan specifically designed to secure financial liabilities like home, educati... Read More

Unique Features

  • Dual Coverage Option
  • Joint Life Option
  • Moratorium Period
Sum AssuredMinimum Entry Age: 15 years
Entry AgeMaximum Entry Age: 65 years
View plan

PNB Metlife Mera Term Plus

PNB MetLife Mera Term Plan Plus is a comprehensive, customizable pure protection plan offering financial security for families. It... Read More

Unique Features

  • Comprehensive coverage
  • Plan enhancement options
  • Customizable plans
Sum AssuredEntry Age: 18 years
Entry AgeMaximum Entry Age: 60 years
View plan

Term Insurance Articles

Quick Comparison with Other Insurers

NG
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.

📞 Call Free