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Premium Return Protection Plan vs Pnb Metlife Loan And Life Suraksha Plan

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Premium Return Protection Plan vs Pnb Metlife Loan And Life Suraksha Plan

Premium Return Protection Plan

Axis Max Life Premium Return Protection Plan is a simple term insurance plan that offers coverage along with a 'Return of Premium' benefit. The plan offers a limited premium-paying term of 11 years making it a smart choice for securing a family's future. The policyholder has the flexibility to choos...

Pnb Metlife Loan And Life Suraksha Plan

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...

PLAN DETAILS

Premium Return Protection Plan


Pnb Metlife Loan And Life Suraksha Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Return of Premium Plan
  • Flexible-Premium Payment Term
  • 1 Crore Max Sum Assured
  • Dual Coverage option
  • Joint Life option
  • Moratorium Period
Plan Maturity age Maximum Maturity Age - 75 years Maximum Maturity Age - NA
Plan Sum Assured Base sum assured: 50 lakhs to no limit Base sum assured: 5 Thousand to no limit
Plan Entry Age Minimum Age - 21 years Maximum Age - 55 years Minimum Age - 15 years Maximum Age - 65 years
Plan Payment modes Annual, half-yearly, quarterly & monthly Half-yearly, Quarterly, Yearly, Monthly
Plan Policy loan The policy loan is not available under Max Life Premium Return Protection Plan. The policy loan is available under PNB MetLife Loan and Life Suraksha Plan
Plan Sample Premium Rs 627-/ per month Rs 532-/ per month
Plan Brochure Brochure URL Brochure URL
Policy Term Minimum term - 20 years Maximum term - 30 years Minimum term - 2 years, Maximum term - 25 years
Claim Settlement Ratio (2023-24) 99.70 99.2
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Axis Max Life Term Insurance Plans

Axis Max Life Term Insurance Plans

* 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.

Know More About Plans

Axis Max Life Premium Return Protection Plan is a simple term insurance plan that offers coverage along with a 'Return of Premium' benefit. The plan offers a limited premium-paying term of 11 years making it a smart choice for securing a family's future. The policyholder has the flexibility to choose a protection period (20/25/30 Years). The policy offers coverage of a Axis Maximum of 1 crore. 

Axis Max Life Premium Return Protection Plan offers you a range of benefits including:

why-choose
  • Death Benefit
  • Tax Benefit
  • Limited Premium Payment Term
  • Premium Payment Flexibility
  • Long Term Protection
  • Survival Benefits or Return of Premium

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