Skip Navigation
0 of 0 Displaying
 |   Displaying

No Results

    PNB MetLife Mera Jeevan Suraksha Plan

    Your well-being will be my responsibility. Always.

    Individual, Non-Linked, Non-Participating, Pure Risk Premium, Life Insurance Plan | UIN: 117N102V02

    Designed to ensure financial security for your family not just in your absence but also your presence, PNB MetLife Mera Jeevan Suraksha Plan comes with the option to cover your spouse as well as to choose return of premiums on survival till the end of the policy term, ensuring a stable future for family with and without you.

    PNB MetLife Mera Jeevan Suraksha Plan in a nutshell
    • Comprehensive Cover
    • Choose Your Protection
    • Joint Life Cover
    • Return of Premiums

    Get a Callback

    OTP sent successfully

    Thank you for getting in touch with us. We will contact you shortly.

    What you get

    PNB MetLife Mera Jeevan Suraksha Plan ensures that you:
    • Choose your protection against Death or Terminal Illness
    • Opt to get your money back on survival till maturity with ‘With return of premiums’ option^
    • Decide your legacy and protect your family*
    • Avail tax benefits on premiums paid & benefits received, as per prevailing tax laws
    • Special rates for women

    *Nomination in accordance with Section 39, please refer extract provided at the end of the sales literature and with your policy document
    ^‘With return of premiums’ option and cover for spouse under benefit option 2 will be available on payment of additional premiums

    What you don’t get

    Frequently Asked Questions

    Expand All Collapse All

    What is PNB MetLife Mera Jeevan Suraksha Plan?

    Collapsed Expanded

    PNB MetLife Mera Jeevan Suraksha Plan is a solution that offers you the choice

    • to provide for regular income or a lump sum payout
    • to secure your family’s dreams in case you are not around.

    You can opt to cover your spouse in the same plan and also have the option to choose return of premiums on survival^ till the end of the policy term, making this a truly flexible offering

    What does PNB MetLife Mera Jeevan Suraksha Plan offer?

    Collapsed Expanded
    1. Choose your protection against Death or Terminal Illness
      1. Opt to secure your family’s future with benefit option 1 and 2
      2. Opt for double the protection with monthly income plus ‘100 times of monthly income’ as lump sum with benefit option 3 & 4
    2. Opt to get your money back on survival till maturity with ‘With return of premiums’ option^
    3. Decide your legacy and protect your family*
    4. Avail tax benefits on premiums paid & benefits received, as per prevailing tax laws
    5. Special rates for women

    *Nomination in accordance with Section 39, please refer extract provided at the end of the sales literature and with your policy document
    ^‘With return of premiums’ option and cover for spouse under benefit option 2 will be available on payment of additional premiums

    What are the key benefits of this plan?

    Collapsed Expanded
    • Comprehensive Cover
    • Choose Your Protection
    • Joint Life Cover
    • Return of Premiums

    What are the Death Benefits of this plan?

    Collapsed Expanded

    Death or Terminal Illness Benefit shall be payable according to the benefit option chosen by policyholder at inception. Benefit option, once chosen, cannot be altered during the term.

    • Benefit option 1, Lump Sum: At inception, you can choose the lump sum payable immediately on first occurrence of Death or diagnosis of Terminal Illness of the life assured during the policy term. This lump sum amount is equal to Sum Assured on Death.
    • Benefit option 2, Life partner: Both the Policyholder (the first life) and his/her spouse (the second life) are covered.
      At inception, you have to choose the lump sum payable immediately on first occurrence of Death or diagnosis of Terminal Illness of the first life during the policy term. The cover to the Second life shall be equal to 50% of the lumpsum amount chosen for the first life, subject to a maximum of Rs. 1 Crore.
      The lump sum amount payable in respect of each life is equal to Sum Assured on Death in respect of either life.
    • Benefit option 3, Fixed income: At inception, you can choose the Monthly Income amount. On first occurrence of Death or diagnosis of Terminal Illness, Sum Assured on Death shall be payable. Sum Assured on Death is equal to lump sum amount (equal to 100 times of Monthly Income chosen at the time of inception) payable immediately plus fixed Monthly Income payable over 10 years (120 months) in instalments, where the first instalment of monthly income will be payable one month from date of death of the life assured.
      The policy terminates with the payment of the last instalment of Monthly Income.
    • Benefit option 4, Increasing income: At inception, you can choose the Monthly Income amount. On first occurrence of Death or diagnosis of Terminal Illness, Sum Assured on Death shall be payable. Sum Assured on Death is equal to lump sum amount (equal to 100 times of Monthly Income chosen at the time of inception) payable immediately plus increasing Monthly Income payable over 10 years (120 months) in instalments increasing at 10% simple per annum, where the first instalment of monthly income will be payable one month from date of death of the life assured. The policy terminates with the payment of the last instalment of Monthly Income.

    What are the Maturity Benefits of this plan?

    Collapsed Expanded
    • Maturity benefit is payable only if ‘with Return of Premiums’ option is chosen.
    • Maturity benefit is equal to sum assured on maturity.
    • No maturity benefit will be paid under ‘without Return of Premiums’ option.
    • The Policy terminates with the payment of maturity benefit.

    Please refer Terms and Conditions of the product for more details on Maturity Benefit

    What are the eligibility criteria for this plan?

    Collapsed Expanded

    Product specification

    Minimum

    Maximum

    Age at entry (Years) &

    18

    65

    Maximum age at maturity (Years)

    28

    80

    Policy Term (Years)

    10

    40 (30, if ‘with return of premiums’ option is chosen)

    Premium Paying Term (PPT) (Years)

    Regular pay

    Regular pay

    Premium Payment modes

    Yearly / Half-yearly / Monthly*

    Yearly / Half-yearly / Monthly*

    Annualized Premium (Rs.)

    3,885

    No limit, subject to maximum Sum Assured

    Basic Sum Assured (Rs.)

    25,00,000

    No limit, subject to underwriting

    Only for Option 3 – fixed income & Option 4 – increasing income

    Income payout term (years)

    10

    &All references to age are as on age last birthday
    *Monthly mode is available for SI/direct debit options (including ECS, ACH)

    How can I buy PNB MetLife Mera Jeevan Suraksha Plan?

    Collapsed Expanded

    You can buy this plan offline using the following methods:

    Disclaimer:

    AD-F/2020-21/00317

    Please fill out personal information

    The brochure has been sent to your email ID.

    Disclaimer

    Collapsed Expanded

    As your trusted life insurance partner, PNB MetLife is with you amidst the current COVID-19 outbreak. Our policies also cover COVID-19 Claims. In case of a Death Claim, kindly submit the signed Claim Intimation Letter mentioning the policy number, brief of the insured event and other claim documents on the email mentioned herewith. Please write-in to us at claimshelpdesk@pnbmetlife.com or indiaservice@pnbmetlife.co.in. You can also call us on 1800-425-6969 for death claims intimations and for any queries on Monday - Saturday between 10:00 am - 7:00 pm.

    PNB MetLife Insurance, amongst the trusted Life Insurance companies in India, aims to provide a wide range of Life Insurance products that suits the needs of an individual at every stage of his life. Life Insurance Plans range from Term Life Insurance PlansTerm PlanProtection PlansLong Term Savings Plans , Retirement Plans & Child Education Plan.

    Site best viewed in following browsers
    Chrome 70+ , IE 11+, Firefox 76+, Safari 11+