Prices Increasing Soon
PNB MetLife insurance, one of the leading term insurance companies in India, has shareholders Jammu & Kashmir Bank Ltd., Punjab National Bank Ltd, M. Pallonji and Company Private Ltd., MetLife International Holdings LLC, and other private investors. The insurer is present in 109 locations across the nation with access to over 206+ million customers. In 2020, the company launched ‘Claim Assure’ that ensures 3 hours’ claims settlement decision. The overall company’s claim payout is great and also offers an easy and hassle-free claim process.
#All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply
By clicking on "View plans" you agree to our Privacy Policy and Terms of use
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
Note: Know more about what is term insurance first before reading this article.
Read on to know more about PNB MetLife Term Insurance Claim Process in detail:
PNB MetLife Term Insurance company has featured a claim settlement ratio (CSR) of 98.17% for individual businesses and 99.65% for the group business in the fiscal year 2020-21, indicating the fast settlement of death claims. Higher CSR means the company’s reliability and loyalty towards the customer. The insurance company offers both offline and online modes to settle claims. PNB MetLife insurances make every effort to make sure that your nominee receives the claim amount that is entitled to your family, easily and comfortably. PNB MetLife Term Insurance claim process is simple and convenient for each policyholder and their dear ones.
Term Plans
The PNB MetLife Term Insurance policies offer financial protection to you and your dear ones in case of any unforeseen event such as disability or death with the policyholder. It is recommended that the individuals should buy term insurance policies of such insurance providers which offer a high CSR with a hassle-free documentation process. Let’s discuss the steps involved in PNB MetLife Term Insurance Claim Process:
The nominee should inform about the claim to the insurer as soon as possible in written form. The information required during the claim intimation process includes the insured’s name, policy number, place of death, death date, claimant’s name, etc. The nominee can get the claim intimation application by visiting the nearest insurer’s branch or can also download it from the official website of PNB MetLife. Nominee can intimate claim by following ways:
File a claim online: The nominee can file a claim online by visiting the PNB MetLife Insurance official website. Go to the ‘Claim Settlement’ section and then click on the ‘claim intimate’ tab.
Nominee can also file intimation via email at claimshelpdesk@pnbmetlife.com
Send a letter: Intimate about claim request via post
khUshi App: Nominee can also file a request for a claim using khUshi app. It is a self-service mobile application that guides you through every step.
Call on their toll-free helpline number 1800-425-6969
Once the company receives the claim intimation, a nominee is required to submit the requested documents for the assessment process of the claim. Also, if additional documents are needed for further investigation, you will have to furnish them as well to the insurer.
Receipt of Documents: In case of receiving all the documents by PNB MetLife, you will be informed. Then, the claim assistance team will start the process of claims decisions.
Assessment and Investigation of claim: After the assessment of all the information provided, the claim will be processed within 30 days from the receipt of the documents in all situations where further investigation is not required. In case of any pendency or irregularities in claim intimation information and forms, the company will be required to investigate the claim. In such situations, the investigation will be finished within 90 days from the receipt of the document.
Decision and settlement of claim: The claim settlement shall be done within 30 days from completing the assessment and examination. The company will now commence the payout process.
Secure Your Family Future Today
₹1 CRORE
Term Plan Starting @
Get an online discount of upto 10%#
Compare 40+ plans from 15 Insurers
The documents which are required at the time of filing a PNB Term Insurance Claim:
| Type of Claim | List of Documents Required |
| Claim application | |
| Natural Death | Copy of death certificate issued by the government/ local government authority |
| Original documents of policy | |
| Statement of claimant | |
| Certification by doctor | |
| Claimant’s address proof | |
| Claimant’s ID proof | |
| Legal Succession certificate in case of absence of the claimant | |
| Copy of bank passbook and Cancelled cheque | |
| Accidental Death | All documents of natural death claim |
| FIR/Panchanama Copy | |
| Police inquest copy | |
| Post-mortem Report/Chemical Viscera report | |
| Critical Illness | All documents of natural death claim |
| Attested records and reports of hospital | |
| Death/Discharge summary | |
| Admission notes |
Track Your Claim: You can easily track your PNB MetLife Term Insurance claim in a couple of minutes. On the ‘track your claim’ page, enter your claim reference number or policy number and date of birth of the policyholder. Then click ‘Continue’ to check the status of your claim.
khUshi is the interactive customer-centric smart insurance app that helps you to access and understand all the insurance policies in detail and gives solutions to all your policy-related queries.
The company has achieved a claim settlement ratio of 98.17% for individual policies in FY 2020-21
PNB MetLife has introduced the option of ‘Claim Assure’ that allows the 3-hour settlement of death claims if all the information provided is correct and accurate.
Note: Check out the best term insurance plan in India and choose one that suits your requirements.
†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
Annual Renewable Term Insurance (ATR) is tailored for short-term
Read more
The ICICI Pru iProtect Super Plan is a pure-term insurance plan
Read more
Many people wonder about its tax benefits when purchasing a term
Read more
Studying abroad can be a life-changing experience, offering
Read more
The divide between rural and urban lifestyles in Tamil Nadu is
Read moreInsurance
Calculators
Payment Methods
Secured With
Follow us on
