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Bajaj Sararl Jeevan Bima is a non-linked, non-participating individual, pure-risk premium life insurance plan designed to provide financial security to the policyholder and their families. The plan offers flexibility in choosing sum assured, term, premium payment term, and payment mode. The policyholder can enjoy a good range of sum assured from 5 lakh to 25 lakh.
Bajaj Saral Jeevan Bima Plan offers you a range of benefits including:

| PLAN DETAILS |
Bajaj Saral Jeevan Bima |
Mera Term Plan Plus |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
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| Plan Maturity age | Maximum Maturity Age - 70 years | Maximum Maturity Age - 70 years |
| Plan Sum Assured | Base sum assured: Rs 5 lakhs to 25 lakhs | Basic Sum Assured: ₹₹5,000 per member to no limit |
| Plan Entry Age | Minimum Age - 18 years Maximum Age - 65 years | Minimum Age - 15 years Maximum Age - 65 years |
| Plan Payment modes | Annual, half-yearly, quarterly & monthly | Annual, Semi-Annual, quarterly and Monthly |
| Plan Policy loan | The policy loan is not available under Bajaj Saral Jeevan Bima | The policy loan is not available under PNB Metlife Mera Term Plan Plus. |
| Plan Sample Premium | Rs 670/- per month | Rs 545-/ per month |
| Plan Brochure | Brochure URL | Brochure URL |
| Policy Term | Minimum term - 5 years Maximum term - 40 years | Minimum term - 10 years Maximum term - 99- entry age |
| Claim Settlement Ratio (2024-25) | 99.33% | 99.57% |
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PNB Metlife Mera Term Plan Plus |
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* The above sample premiums are for a 30-year-old male, nonsmoker with a sum assured of Rs 50 lakhs and a policy tenure of 25 years. You can calculate the premiums for the above term insurance plans using the PolicyX Term Insurance Calculator.
You can add the following riders to your PNB MetLife Mera Term Plan Plus:
Get additional health coverage on top of the base cover in case of a diagnosis of any listed critical illnesses.
Get an extra payout on top of base cover upon your unfortunate death due to an accident.
Get an extra payout on top of the base cover on total and permanent disability due to an accident.
Get additional coverage if you are diagnosed with a pre-specified critical illness.