PNB MetLife Term Insurance Plan in IndiaPosted On: November 5, 2018
At PNB MetLife, the term insurance designs offer customised cover choices, opportunity to pick benefits, adaptability to expand life cover relating to your prerequisite, way of life and requirements, along these lines giving you the chance to have a customized term insurance plan only for you.
MetLife Term Insurance Plan Benefits
PNB MetLife Mera Term Plan is an adaptable insurance plan which gives you the adaptability to look over four payout alternatives and furthermore offers inclusion for your mate in a similar arrangement.
- Full Lump Sum Payout Benefit
- Payout as Lump Sum + Regular Monthly Income Benefit
- Payout as Lump Sum + Increasing Monthly Income Benefit
- Payout as Lump Sum + Regular Monthly Income till child turns 21 Benefit
MetLife Term Insurance Plan Additional Features
- Accidental Death cover
- Accidental Disability cover
- Cancer and Heart Attack cover
- 10 Serious Illnesses cover
- Base Sum Assured and Policy Term
MetLife Term Insurance Plan Special Benefits
Joint Life Benefit
This one of a kind advantage guarantees that life cover for your significant other proceeds regardless of whether you are not there. All future premiums for your accomplice’s cover will be deferred off. This choice is accessible if your entirety guaranteed is in excess of 50 lacs. Inclusion for accomplice is restricted to half of your entirety guaranteed. On the off chance that your accomplice is a homemaker a 25 lac cover is given.
Life Stage Protection
Your required life covers increments with expanding duties. Life arrange insurance alternative gives you chance to purchase an extra cover according to the then overarching age and premium with no restorative examination on the accompanying conditions.
- On marriage: Equal to half of the first cover subject to most extreme of Rs. 5,000,000.
- On first kid: Equal to 25% of the first cover subject to most extreme of Rs. 2,500,000.
- On second kid: Equal to 25% of the first cover subject to most extreme of Rs. 2,500,000.
MetLife Term Insurance Plan Eligibility
For this plan minimum age is 18 years and maximum age is 65 years decided. Maturity Age of plan is 99 years for all options (except Joint Life cover option) and for Joint Life Cover option is 75 years (applicable for both Primary & Secondary life).