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PNB Metlife has launched the PNB MetLife Loan and Life Suraksha Plan, offering life insurance along with protection for your mortgage, educational, personal, and auto loans. The policy comes in 3 types of coverage options, namely the Reducing cover option, the Level cover option, and the Increase of sum assured due to an increase in loan.
The policy allows including 2 people for education, mortgage & other housing loans in the same plan. Whereas, for group insurance maximum 50 people are allowed. The policy also comes with a joint life option where the death benefit is given to the surviving policyholder in case of death of the first life and the policy terminates.
PNB Metlife Loan & Life Suraksha Plan offers you a range of benefits including:

| PLAN DETAILS |
Pnb Metlife Loan And Life Suraksha Plan |
Guaranteed Protection Plan |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
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| Plan Maturity age | Maximum Maturity Age - NA | Maximum Maturity Age - 99 years |
| Plan Sum Assured | Base sum assured: 5 Thousand to no limit | Base sum assured: Rs 50 lakhs to no limit. |
| Plan Entry Age | Minimum Age - 15 years Maximum Age - 65 years | Minimum Age - 18 years Maximum Age - 65 years |
| Plan Payment modes | Half-yearly, Quarterly, Yearly, Monthly | Annual, half-yearly, quarterly & monthly |
| Plan Policy loan | The policy loan is available under PNB MetLife Loan and Life Suraksha Plan | The policy loan is not available under IndiaFirst Guaranteed Protection Plan. |
| Plan Sample Premium | Rs 532-/ per month | Rs 563-/ per month |
| Plan Brochure | Brochure URL | Brochure URL |
| Policy Term | Minimum term - 2 years, Maximum term - 25 years | Minimum term - 10 years Maximum term - 81 years |
| Claim Settlement Ratio (2024-25) | 99.57% | 98.04% |
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IndiaFirst Life Insurance Term Plans |
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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.