Pnb Metlife Loan And Life Suraksha Plan vs Mera Term Plan Plus

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:

• Affordable premiums
• flexible premium payment
• Dual coverage option
• Tax benefits

• Loan Benefit

PNB MetLife Mera Term Plan Plus is a comprehensive pure protection plan that helps you protect your family financially upon your sudden demise. Under the Life or Life Plus plan option, you can choose between a whole life cover of up to the age of 99 years. The plan offers three plan options that allow you to select the level of protection: Life, Life Plus, & Life Plus Health.

Besides the plan options, you can opt for spouse coverage or the return of premium option under each variant. With the spouse coverage benefit, you can get coverage for both the husband and wife under a single plan. If you want a maturity benefit, you can add a return of premium option and get back all your premiums paid once you survive till the end of the policy term.

The plan offers different cover enhancement options that allow you to increase the sum assured amount as per the increasing responsibilities: Step-Up, Life Stage, and Child Education Support Benefit.

PNB MetLife Mera Term Plan Plus offers you a range of benefits including:

• Spouse Cover Protection
• Choice of Plan Options
• Return of Premium
• Tax Benefits as per laws

• Cover Enhancement Options
• Protect Against Terminal Illness