PNB MetLife InsuranceClaim Settlement Ratio - 90.24%*
PNB MetLife Health Insurance Company
PNB MetLife India Insurance Company Limited (PNB MetLife) is one of the foremost life insurance companies in India. It is a joint venture between MetLife International Holdings Inc. (MIHI), Punjab National Bank Limited (PNB), Jammu & Kashmir Bank Limited (JKB), M. Pallonji and Company Private Limited and other private investors, with MIHI and PNB being the major shareholders. Earlier known as MetLife India, PNB MetLife is present in India since 2001.
PNB MetLife blends the financial strength of MetLife, Inc., a leading life insurance company and credibility of PNB, one of India's oldest nationalized banks. The vast distribution reach of PNB along with the global life insurance expertise and product range of MetLife makes PNB MetLife a trusted insurance company. At present, PNB MetLife is present in more than 120 locations throughout the country and serving customers across 7,000 locations through its partnerships with PNB, JKB and Karnataka Bank Limited.
PNB MetLife offers a wide array of protection and retirement products through its Agency sales of more than 15,000 financial advisors and multiple bank partners. With its corporate office in Gurgaon and headquarter in Bangalore, PNB MetLife is recognized as one of the fastest growing life insurance companies in India.
PNB MetLife Mediclaim Product Portfolio
PNB MetLife Plans are innovative and cater to individual and group customers and are categorized into the following:
These are pure life insurance plans that give you a higher life cover and ensure that all your liabilities are covered. They are high on the protection component.
- Met Family Income Protector Plus
These are wealth plans that have dual advantage of life cover and wealth optimization. They also provide you a number of flexibilities and fund options to choose from.
PNB MetLife child policies help you plan your child’s future, so that you can fulfil all your child’s needs without facing any financial hindrances.
- Met Smart Child
- Met College Plan
These pension plans aim to give you a tension free old age.
- Met Monthly Income Plan – 10 Pay
These are savings plans that help you to realize different milestones in your life by provisioning for your future.
- Met Money Back Plan
- Met Easy Super
- Met Dhan Samriddhi
- Met Smart One
- Met Endowment Savings Plan
- Metlife Bachat Yojana
- MetLife Bhavishya Plus
To explore the best insurance plan that suit your needs compare all PNB MetLife insurance plans from other life insurance companies in India.
PNB MetLife Distribution Network:
Since its inception PNB MetLife insurance company has built its presence in over 600 cities and distributes its products through its 29 bank partners across retail and group business, strong broker network and an agency force of over 30,000 financial advisors.
You can also buy their products online through insurance aggregators.
PNB MetLife Life Insurance - FAQ
1. How to pay premium? What are the modes of payment available?
PNB Metlife provides the following modes for paying premium:
- Online mode
- Cash or cheque deposit at branch office
- Through courier
- Drop Box facility
- ECS or Auto Debit facility
For online premium payment, login to your account with Client ID and password, and click on the ‘Pay Premium’ tab for completing the process.
2. How can I check policy status?
You can check your policy status by login in with your User ID and password on the e-portal. There is a policy details tab, wherein the status of the policy can also be checked.
3. What is the policy renewal process?
You need to submit the required documents along with renewal form at any of the nearest PNB Metlife branches in your city.
4. What is the company’s process to settle claim?
The company’s claim policy requires you to intimate the company about the claim policy by letter, fax, or email.
- Directly through any of the PNB Metlife branch offices
- Through Advisors
- Through claims department in the head office
- Through regional service team
Once all the required documents are submitted (list of documents can be found on the website) and the same is verified the claims are settled within 30 days of receipt of the same.
5. What is the policy cancellation process?
The company’s cancellation process requires you to duly fill and submit a surrender form along with policy documents to any of the PNB Metlife branches in your city. After receiving the documents and the necessary amount for cancellation, the policy will be cancelled on record for the particular policyholder.
PNB MetLife Insurance - Latest News
PNB METLIFE RECEIVES CELENT MODEL INSURER ASIA AWARD 2016
PNB MetLife has recently received the Celent Model Insurer Asia 2016 Award. The award ceremony took place on 21st April, 2016, in Singapore. The company has shown promising commitment towards delivering a total customer-centric experience via mobile related eCommerce Sales platforms with a user interface that is best in class. This commitment of the company has opened up new opportunities to serve the customers better. The eCommerce sale of Mera Term Plan, the traditional life insurance plan offered by PNB MetLife, is fully loaded with Core IT systems and it also allows hassle-free customer on-boarding.
PNB MetLife, one of the leading private Life Insurance players in India, has recently launched a brand new website that provides the customers with the flexibility to customize the self service option, commonly used by them. The Website is loaded with personalized tools, calculators, product infographics and educative articles. The website also revamps the facility for the customers to make their own decisions through life stage based solutions.
PNB MetLife Appoints New Chief Information Officer
PNB MetLife India Insurance Company has appointed Samrat Das as the new Chief Information Officer (CIO) of the company.Before joining PNB MetLife, Samrat Das was the CIO of Tata AIA Life Insurance Company. He started his career as a business analyst with a pharmaceutical Company. Then he joined Fidelity International Company as the Associate Direct of technology. He also worked at SBI Life Insurance Company as the Assistant Vice President- IT.
PNB MetLife a joint venture between MetLife (a global life insurance provider) and PNB (a nationalized bank in India). It has a widespread reach over 7000 locations across the country. The company sells a wide range of insurance plans in India. PNB MetLife has also made some significant changes like handing over the digital duties to Social Kinnect. Now the Mumbai-based digital Marketing agency will take care of all the works related to the search engine optimization and social media management of the company.
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Reviews for PNB MetLife Insurance
My ulip plan is nice with low investments. The service is good and claiming become easy. Policy coverage is high and premiums are less. Online portal services are easy to access and anyone can operate it easily.
My traditional insurance plan is good with maximum recovery, refund and reimbursed by the insurance company. Service is good and on time. Claiming become easy to this, Premium is less and policy coverage is high.
Future security with pension plans in less premiums. Service providers are superb and because of them the claims are easy to sanctioned. Policy coverage is high and claims are better. Online service is easy to use which has easy interface.
Child insurance policy for my child in less investment. Service is fast provided from your side and even the online portal service is easy interface and access by anyone. Policy coverage and claims are high. Claiming is easy due to fast service.
The ulip insurance plan i have is good with some good benefits. Premium of the policy is low. Policy coverage is high. Service you provided is fantastic which always on time. The upgradations are mailed to my email address regularly.
Super traditional insurance plan i have which i buy in low premiums. The policy coverage is high and claims are good. Service provided by your company staff is fantastic. Updates regarding policy is mailed regularly to me. Internet service is also nice and easy to access.
Average Pension Plan
The pension plan I choose has low premium and returns are high. Service you provided is fabulous. Policy coverage is high and claims are easily cleared because of company members. Good future investment, it secure my life. Now I'm tension free.
My child'd future is secure with child insurance plan. The policy provide number of benefits which control my tension for his future. The policy coverage is high, Claims sanctioned easily due to quick service provided by the company members.
The policy i have is pnb metlife traditional policy plan which is very good and the premiums are low with high in policy coverage 95%. The claiming part is very easy because the service is very fast with good response from the staff members. Nice future investment with tax savings.
I finally buy pnb metlife life insurance traditional policy plan. Policy covers almost all cases and the amount of returns is around 34 L. Service provided is fast and on time. Good future investment which save taxes. Nice job by executives and staff members.
Best Policy Plan
My pnb metlife life traditional policy plan is good in services. The policy coverage is good ~90% and the premiums are low. Claiming process is easy due to fast service provided by the executives and the staff members. The payback amount is ~Rs.39 L. I like the terms and conditons.
Policy has all benefits and the investments are also low. Around Rs.45 L is payback amount. PNB metlife life insurance provide me traditional plan which has good facilities and the service is very quick. The up gradation details in policy is mailed to me time to time. Good work.
PNB metlife life insurance traditional policy plan which have 94% policy coverage and the claims are easy to get because of fast services provided by the executives and staff members. The daily updates are texted and mailed time to time to may email id and cell number. Good work.
Just Go For It
I have traditional policy plan from pnb metlife life insurance. The policy provides good coverage with low premiums. Claims are around Rs.38 L. Service always on time. The executives and staff members are facilitate great services. Satisfactory policy plan, nice work.
I own pnb metlife insurance traditional plan. Plan is good and premium is low. Policy coverage is high and payback returns too. Claiming amount is Rs.37 L. Service is fast like super sonic. The daily updates are mailed to me time to time. Overall, perfect policy plan. I like it.
PNB metlife life insurance is one of the best insurance company. I took traditional insurance policy plan which provide me best service and good returns. The premiums are low and the policy coverage is 84% with high claims. The behaviour is good from executives and staff members. Nice insurance plan. I like my policy plan.
Superb policy by pnb metlife traditional insurance policy plan. The returns are good ~Rs.41 L in very low premiums ~Rs.33 K quarterly per year. Service is fast which facilitate by executives and all company members with nice behaviour and quick response. I like it.
I invest my money in pnb metlife traditional insurance policy plan. The policy coverage is good ~91% and the claims are high. The premiums are low ~36 K quarterly per year. Paybacks are really very good Rs.51 L. Good investment and tax saver policy plan.
The traditional policy plan i have is below average. The premium is good and the returns are less. PNB metlife life insurance your services are bit slow and the waiting is normal. Web services are better. Good future investment which save my taxes too.
Powerful Policy Plan
My traditional policy plan is with pnb metlife life insurance. The policy is great with maximum benefits. The policy coverage is high ~91%. The investment is low approx. Rs.35 K quarterly per year. The claims are good and easily cleared without waiting. Payback amount is nice ~rs.44 L. Good policy plan.
I finally buy pnb metlife life insurance traditional policy plan. Policy covers almost all cases and the amount of returns is around 41 K. Service provided by executives and staff members is fast and on time. Fantastic future investment which save taxes too. Good work guys, I like my policy plan.
Policy has all benefits and the investments are also low. Around Rs.38 L is payback amount. PNB metlife life insurance provide me traditional plan which has nice facilities and the service is very quick. The service provided by the executives and staff members are really very good. The investment is good for future and it saves taxes also.
I bought pnb metlife traditional policy plan. Policy coverage is 96% and the premium is low. Claims are ~Rs.39 L. Service is quick and even the web services are also nice and the behaviour of the staff is perfect even after buying policy. I like the policy plan.
I have traditional plan from pnb metlife life insurance. Policy coverage is 83% and the claims are Rs.37 L. Service is good and quick provided by the executives and staff members. But please improve your online services. Good future investment which saves taxes too. Nice work.
Buy traditional plans from pnb metlife life insurance. The policy coverage is around 85%. Services provided by executives is awesome. Claims are good and done without any interruption. Overall fine life insurance which have low premiums. Nice future investment and it saves taxes also.