Term Plans
“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
Policybazaar is Certified Platinum Partner for
+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
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.
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.
Term Plans
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.
Secure Your Family Future Today
₹1 CRORE
Term Plan Starting @
Get an online discount of upto 10%#
Compare 40+ plans from 15 Insurers
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
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 |
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.
†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