PNB Metlife Mera Term Plan Plus is a term insurance plan offered by PNB MetLife Insurance Company, formerly known as MetLife India Insurance Company. With a cover of almost 1000X your annual premium, term insurance is one of the cheapest and easiest ways to ensure that your family is well-provided for, in your absence. They will be paid a sum of money as a death benefit, in case you pass away 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.
This product is reasonably priced compared to other products in the market. It offers comprehensive critical illness coverage and several claim payout options to customize how your family receives the claim amount. However, it doesn't provide the increasing cover option or allows many options to speed up your premium payments with limited pay. Further, our research indicates that the insurer has received a higher number of claim settlement complaints as well as policy purchase complaints, suggesting a poor track record in terms of both purchase and claims service experience.
PNB MetLife, formerly known as MetLife India Insurance Company Limited is a Life Insurance company in India. It was founded in 2001 and is a joint venture between Punjab National Bank (PNB) and MetLife International Holdings LLC (MIHL). The company is headquartered in Mumbai and its MD & CEO is Mr. Ashish Kumar Srivastava.
PNB Metlife Mera Term Plan Plus is a term insurance plan offered by PNB Metlife Insurance Company.
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 such as increasing cover and comprehensive critical illness coverage. It also provides several claim payout options to customize how your family receives the claim amount.
However, it doesn't provide many options to speed up your premium payments with limited pay. 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. As per our research, the insurer has a poor track record of settling claims faster and has received a higher number of claim settlement and policy purchase complaints.
Let’s have a quick look over the PNB Metlife Mera Term Plan Plus review.
PNB Metlife Mera Term Plan Plus comes with some additional benefits called riders. These additional benefits help you to boost your term insurance policy.
Here are some limitations of buying from PNB Metlife -
PNB Metlife provides 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), and 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 2.5/5.
Add 3 more plan to compare