PNB MetLife Saral Jeevan Bima Review

“I have opted for Term insurance plan of PNB MetLife. This is a type of plan that gives me a high life coverage and ensures that all my liabilities are covered. They are excessive on protection component. Thank you Policy bazaar.” – Ajay, Allahabad 

Read more
Get ₹50 Lacs Life Cover at just ₹412/month+
Saral jeevan bima
Get upto 20% online discount#
In case of your death, your family will receive fixed amount, tax free
Covers COVID-19

Policybazaar is Certified Platinum Partner for

  • Hassle free service & claims assistance
+Prices offered by the insurer are as per the IRDAI approved insurance plan. Standard T&C apply.

+Please note that the quotes shown will be from our partners

+All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C apply.

# Discount is offered by the insurance company as approved by IRDAI for the product under File & Use guidelines

or Give us a call on 1800-258-7204
Get ₹50 Lacs Life Cover at just ₹412/month+
Get upto 20% online discount#
In case of your death, your family will receive fixed amount, tax free
Covers COVID-19
+91
View plans
Please wait. We Are Processing..
Get Updates on WhatsApp
By clicking on "View plans" you agree to our Privacy Policy and Terms of use
Tax benefit is subject to changes in tax laws.
or Give us a call on 1800-258-7204

Ajay, who belonged from Allahabad, purchased the PNB MetLife Saral Jeevan Bima Plan to secure his family. PNB MetLife Saral Jeevan Bima plan is designed to protect Ajay’s family's future and keep them safe from financial difficulties, even when he is not there anymore.

Let’s understand the multiple features and benefits of PNB MetLife Saral Jeevan Bima Plan.

About PNB Metlife Insurance

PNB MetLife combines the financial strength of MetLife, Inc. with the credibility of PNB (Punjab National Bank), an Indian nationalized bank. With PNB's wide reach and MetLife's global insurance expertise, PNB MetLife is a trusted insurance company, serving customers in over 120 locations and through partnerships with PNB, JKB, and Karnataka Bank Limited at 7,000 locations.

PNB MetLife provides a broad range of protection plans, including term life insurance plans, through its 15,000+ financial advisors and various bank partners. Its corporate office is in Gurgaon, and its headquarters is located in Bangalore. 

Let’s now understand the reasons for buying a PNB MetLife Saral Jeevan Bima Plan.

one crore term plan
plus

Term Plans

₹1
Crore

Life Cover

@ Starting from ₹ 16/day+

₹50
LAKH

Life Cover

@ Starting from ₹ 8/day+

₹75
LAKH

Life Cover

@ Starting from ₹ 12/day+

Why Should You Consider Buying PNB MetLife Saral Jeevan Bima Plan?

PNB MetLife Saral Jeevan Bima is a comprehensive term insurance plan that covers a person for a specific amount of time. If the policyholder/life assured unfortunately passes away during the policy term, the PNB MetLife Saral Jeevan Bima Plan will provide the death benefit in the form of lump sum to the nominees. This standard term plan is designed for all individuals irrespective of their occupation or education. Below are some reasons why you can consider buying the PNB MetLife Saral Jeevan Bima Plan:

  • This plan essentially offers the buyers the flexibility to choose the desired policy term from 5 years for up to 40 years.

  • The PNB MetLife Saral Jeevan Bima Plan also offers coverage for up to 70 years of age.

  • An individual also has the flexibility to choose from the various premium payment modes.

  • The policyholder can choose to pay the PNB MetLife Saral Jeevan Bima plan premium via single, regular or limited pay of 5/10 years.

  • This policy can be easily bought online from the Policybazaar’s website.

  • The PNB MetLife Saral Jeevan Bima Plan also allows tax benefits under the ITA, 1961.

one crore term plan

Secure Your Family Future Today

₹1 CRORE

Term Plan Starting @

Get an online discount of upto 10%#

Compare 40+ plans from 15 Insurers

+Standard T&C Applied

How To Buy PNB MetLife Saral Jeevan Bima Plan From Policybazaar?

You can buy the PNB MetLife Saral Jeevan Bima Plan online from the comfort of your home using the following steps:

  • Step 1: Go to the Policybazaar’s homepage and visit Saral Jeevan Bima

  • Step 2: Choose PNB MetLife Saral Jeevan Bima from the list of plan options available.

  • Step 3: Enter your name, contact information, gender, and date of birth

  • Step 4: Fill in your occupation type, annual income, educational background, and smoking habits

  • Step 5: Select the most suitable plan and proceed to pay

What is the Eligibility Criteria to Buy PNB MetLife Saral Jeevan Bima Plan?

Here is the eligibility criteria for buying the PNB MetLife Saral Jeevan Bima Plan:

Criteria Minimum Maximum
Entry Age 18 years 65 years
Maturity Age 23 years 70 years
Policy Term 5 years 40 years
Sum Assured Rs. 5 Lakhs Rs. 50 Lakhs
Payment Term Single/ Regular Pay - Equal to Policy Term Limited Pay - 5 or 10 years
Premium Payment Option Monthly, Half-yearly or Yearly

Wrapping It Up!

Ajay secured his loved ones financially upon buying the PNB MetLife Saral Jeevan Bima Plan. The plan provided him with a simple and effective way to secure his family's financial well-being, ensuring their stability and peace of mind. You can visit Policybazaar’s Saral Jeevan Bima page and buy the PNB MetLife Saral Jeevan Bima Plan without any hassle and keep your loved ones protected for the future.

FAQs

  • Q: What is Saral Jeevan Bima policy?

    Ans: Saral Jeevan Bima is a non-participating life insurance plan that provides a lump sum death benefit to the nominees if the life assured/policyholder unfortunately passes away during the policy term.
  • Q: What is the maximum maturity age available for PNB MetLife Saral Jeevan Bima?

    Ans: The maximum maturity age for PNB MetLife Saral Jeevan Bima is 70 years.
  • Q: Is there a waiting period in the PNB MetLife Saral Jeevan Bima plan?

    Ans: Yes, there is a waiting period of 45 days in the PNB MetLife Saral Jeevan Bima.
  • Q: What exclusions are available in the PNB MetLife Saral Jeevan Bima?

    Ans: There is the exclusion of suicide within 12 months in the PNB MetLife Saral Jeevan Bima. If the policyholder commits suicide within 1 year of purchasing the PNB MetLife Saral Jeevan Bima, then he/she will be entitled to only 80% of the total premiums paid till death in case of Regular and Limited pay policies and 90% in case of Single pay policies.

Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in

Premium By Age

Saral Jeevan Bima Articles

  • Recent Article
  • Popular Articles
25 Jul 2023

ICICI Pru Saral Jeevan Bima

ICICI Pru Saral Jeevan Bima is a simple term insurance plan that

Read more
29 Mar 2022

LIC Saral Jeevan Bima Premium Calculator

The LIC Saral Jeevan Bima Premium Calculator is a tool that

Read more
02 Jul 2021

Future Generali Saral Jeevan Bima

The Future Generali Saral Jeevan Bima offers a safety net

Read more
14 Jun 2021

SUD Life Saral Jeevan Bima

SUD Life Saral Jeevan Bima is an individual, non-participating

Read more
26 Feb 2021

SBI Life- Saral Jeevan Bima

The SBI Life- Saral Jeevan Bima is a non-linked and

Read more

What Is Saral Jeevan Bima

Saral Jeevan Bima (SJB) is a simple term insurance plan that offers financial protection for policyholder’s

Read more

SBI Life- Saral Jeevan Bima

The SBI Life- Saral Jeevan Bima is a non-linked and non-participating life insurance premium product. SBI Life-

Read more

LIC Saral Jeevan Bima Premium Calculator

The LIC Saral Jeevan Bima Premium Calculator is a tool that helps individuals estimate the premium amount for the

Read more

ICICI Pru Saral Jeevan Bima

ICICI Pru Saral Jeevan Bima is a simple term insurance plan that helps fulfil your protection needs and ensures

Read more
Need Help? Request Callback
top
View Plans
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL