Pnb Saral Jeevan vs Pos Saral Bachat Yojana Term Insurance Plan 2026 | PolicyX

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PNB MetLife Saral Jeevan Bima is an affordable term insurance plan that provides guaranteed monthly income to protect your family financially in your absence. The plan also offers death and maturity benefits, easy enrollment without medical tests, and premiums starting from just ₹177 per month.

It also offers flexible policy terms from 5 to 40 years along with single pay, limited pay, and regular pay premium options. The minimum entry age is 18 years and the maximum is 65 years.

PNB Metlife Saral Jeevan Bima offers you a range of benefits including:

  • Family Protection
  • Multiple Premium Payment Term
  • Choice of Policy Term
  • Tax Benefits as per laws
  • Available Online
  • Death Benefit
PLAN DETAILS

Pnb Saral Jeevan

Pos Saral Bachat Yojana

Premium Including GST
Key Features
(Key features of the plan)
  • Avail Family Protection
  • High Sum Assured
  • Flexible Premium Payment
  • Return of premium
  • Affordable premiums
  • Tax benefits
Plan Maturity age Maximum Maturity Age - 70 years Maximum Maturity Age - 65 years
Plan Sum Assured Basic Sum Assured: ₹50K to no limit. Basic Sum Assured: ₹40 Thousands to ₹10 Lakhs
Plan Entry Age Minimum Age: 18 years; Maximum Age: 65 years Minimum Age - 8 years Maximum Age - 55 years
Plan Payment modes Annual, Semi-Annual, and Monthly Annual, Semi-Annual, Quarterly, and Monthly
Plan Policy loan The policy loan is not available under PNB Metlife Saral Jeevan Bima. The policy loan is not available under Bharti AXA Life POS Saral Bachat Yojana.
Plan Sample Premium Rs 602-/ per month Rs 630-/ per month
Plan Brochure Brochure URL Brochure URL
Policy Term Minimum term: 5 years; Maximum term: 40 years Minimum term - 5 years Maximum term - 50 years
Claim Settlement Ratio (2024-25) 99.57% 99.18%
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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 Saral Jeevan Bima Plan

You can add the following riders to your PNB MetLife Saral Jeevan Bima Plan:

PNB MetLife Critical Illness Rider

The rider plan provides payment of an additional amount on the diagnosis of 10 critical conditions.

PNB Metlife Terminal Illness Rider

This rider offers additional benefits in case the policyholder is diagnosed with any of the terminal illnesses mentioned in the brochure.

PNB Metlife Waiver of Premium Rider

This rider ensures that future due premiums are waived off in case of total and permanent disability of the life assured.

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