Mera Jeevan Suraksha Plan vs Loan Protect Plus Plan Term Insurance Plan 2026 | PolicyX

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PNB MetLife Mera Jeevan Suraksha Plan is designed to provide quality coverage in unforeseen circumstances. The plan not only includes death coverage but also encourages and rewards you for staying fit by offering discounts for non-smokers. The policy term is a maximum of 40 years and is available as an individual and family floater plan.

The minimum entry age for this plan is 18 years, whereas the maximum entry age is 65 years. The plan offers a 105% terminal illness benefit. The Jeevan Suraksha Plan is available in 4 plan variants along with a family protection option to choose the nominee.

PNB MetLife Mera Jeevan Suraksha Plan offers a range of benefits including:

  • 100% Return of Premiums on Survival
  • Inbuilt Terminal Illness Cover
  • Cover your spouse in the same plan
  • Tax Benefits as per laws
  • Special premium rates for female lives
  • Waiver of Premium on the death of the first life
PLAN DETAILS

Mera Jeevan Suraksha Plan

Loan Protect Plus Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Return of Premium Benefit
  • Waiver of Premium
  • Terminal Illness Cover
  • Death Benefit Options
  • Flexible Policy Terms
  • Life Cover Options
Plan Maturity age Maximum Maturity Age - 80 years Maximum Maturity Age - 70 years
Plan Sum Assured Basic Sum Assured: ₹25L to No Limit Base sum assured: 5 Lac to no limit.
Plan Entry Age Minimum Age: 18 years, Maximum Age: 65 years Minimum Age - 18 years Maximum Age - 65 years
Plan Payment modes Annual, Semi-Annual, and Monthly Annual, half-yearly, quarterly & monthly
Plan Policy loan The policy loan is not available under PNB Mera Jeevan Suraksha Plan. The policy loan is not available under Smart Total Elite Protection Plan.
Plan Sample Premium Rs 532-/ per month Rs 769-/ per month
Plan Brochure Brochure URL Brochure URL
Policy Term Minimum Term: 10 years, Maximum Term: 40 years Minimum term - 5 years Maximum term - 30 years
Claim Settlement Ratio (2024-25) 99.57% 99.33%
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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.

Riders

Riders Associated with PNB MetLife Mera Jeevan Suraksha Plan

You can add the following riders to your PNB MetLife Mera Jeevan Suraksha Plan:

PNB MetLife Serious Illness Rider

Get additional health coverage on top of the base cover in case of a diagnosis of any listed critical illnesses.

PNB MetLife Accidental Death Benefit Rider

Get an extra payout on top of the base cover upon your unfortunate death due to an accident.

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