PNB Metlife Mera Term Plan Plus is a term insurance plan offered by PNB Metlife, formerly known as MetLife India Insurance Company Limited. A term insurance plan is one of the most cost-effective ways to ensure your family will have a secure financial future. They will be paid a sum of money as a death benefit, in case your death happens during the term of the policy. This money can ensure that all their financial needs are catered to - both in the short-term and in the long term. Along with this death benefit, you can also choose some riders/ add-ons such as critical illness rider and accidental death benefit rider - that can pay a sum of money in certain specific circumstances.
This product hits the sweet spot with its benefits, with most of the top benefits, customization options, payment options available. However, it doesn't give you many options to customize how your family receives the claim amount. Further, the insurer has a poor track record with respect to both purchase and claims service experience. It's slightly costlier than other products in the market as well.
PNB MetLife, formerly known as MetLife India Insurance Company Limited is a Life Insurance company in India. It offers Term Life Insurance, Traditional Savings and Unit Linked Insurance Plans. Founded in 2001, it is joint venture between MetLife International Holdings LLC (MIHL), Punjab National Bank Limited (PNB) as its majority shareholders.The company is headquartered in Mumbai, and has 150 branches across India.The MD & CEO of the PNB MetLife is Mr. Ashish Kumar Srivastava
PNB Metlife Mera Term Plan Plus is a term insurance plan offered by PNB Metlife.
Searching for the ideal term insurance plan which secures your family’s financial requirements is challenging, especially if you have to find it within your budget. The PNB Metlife Mera Term Plan Plus is a plan that comes at affordable pricing and provides you with some good benefits.
This plan, however, doesn’t give you many claim payout options Also, although this plan might seem like the perfect term insurance plan for you and your family, note that the insurer, PNB Metlife, holds a poor track record in both purchase and claim settlement experience. This suggests that in the future, your family or nominee could face a few hurdles during the claim settlement process.
Let’s have a quick look over some of the top benefits and features included in the PNB Metlife Mera Term Plan Plus.
PNB Metlife Mera Term Plan Plus comes with some additional benefits called riders. These additional benefits help you to boost your term insurance policy. It includes of-
However, it is not necessary that you will require all the riders. Ensure you choose a rider as per your family’s financial needs.
Here are some limitations of PNB Metlife-
PNB Metlife provides the customers and their claimants the chance of connecting over toll-free services and social media platforms such as Twitter.
Based on the research conducted by our in-house researchers, we found that the response rate of PNB Metlife is quite slow over both its toll-free service and Twitter. This means that your nominee or family is likely to experience difficulty while trying to connect with the insurer.
PNB MetLife, formerly known as MetLife India Insurance Company Limited is a Life Insurance company in India. It offers Term Life Insurance, Traditional Savings, and Unit Linked Insurance Plans. Founded in 2001, it is a joint venture between MetLife International Holdings LLC (MIHL), Punjab National Bank Limited (PNB) as its majority shareholders. The company is headquartered in Mumbai and has 150 branches across India. The MD & CEO of the PNB MetLife is Mr. Ashish Kumar Srivastava.
Considering all the product benefits, customer service, and claims experience, and on the basis of the 100+ metrics analyzed by our in-house research team, PNB Metlife Mera Term Plan Plus gets a Beshak⭐Rating of 3.4/5.