PNB MetLife Mera Term Plan Plus Vs HDFC Life Click 2 Protect Life

Choosing the right term plan is as important as any other life decisions, since it will secure your loved ones at crucial times. Hence, PNB MetLife Mera Term Plan Plus and HDFC Life Click 2 Protect Life are two of the most ideal plans for an individual who is seeking high life cover at affordable premium rates. Let’s know about these two term insurance plans in detail and compare them for better understanding.

Mera Term Plan Plus

Premium starts ₹0/month

Max Coverage Upto

0 yrs

Claim Settlement Ratio

99.6%

Average Claim Trend

99.28%

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Click 2 Protect Super

Premium starts ₹0/month

Max Coverage Upto

0 yrs

Claim Settlement Ratio

99.7%

Average Claim Trend

99.53%

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₹1 Crore Life cover starting from ⁺

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What Is The PNB MetLife Mera Term Plan Plus?

PNB MetLife Mera Term Plan Plus is a comprehensive term plan that ensures life cover for your loved ones in the case of your unfortunate death. You have the option to include coverage for your spouse in the same plan. Additionally, you can choose to receive your premiums back if you survive until the end of the policy term or customize your plan with coverage enhancement options.

Term Plans

₹1
Crore

Life Cover

@ Starting from ₹ 13/day⁺

₹50
LAKH

Life Cover

@ Starting from ₹ 8/day⁺

₹75
LAKH

Life Cover

@ Starting from ₹ 12/day⁺

What Are The Key Features Of PNB MetLife Mera Term Plan Plus?

PNB MetLife Mera Term Plan Plus is one of the best term insurance plans available in the current times. Below mentioned are its key feature:

Choose your payment method based on your needs:
- Pay for a limited period (5, 10, 15, 20 years) or until age 60.
- Pay once for complete protection throughout the term.
- Pay regularly throughout the policy term.
Decide on the coverage duration: Stay protected for your entire life (coverage up to age 99) or choose a specific term.
Select the type of protection:
- Life: Coverage against death.
- Life Plus: Coverage against death, terminal illness, with future premiums waived upon accidental permanent disability or diagnosis of critical illnesses.
- Life Plus Health: Coverage against death, terminal illness, with future premiums waived upon accidental permanent disability or diagnosis of critical illnesses, along with an accelerated lump sum on the diagnosis of critical illnesses.
Customize your plan with additional options:
- 'With Return of Premium' option to receive premiums back on survival until maturity.
- 'Spouse Coverage' to protect your spouse within the same plan.
Enhance your protection with 'Cover Enhancement Options' to adjust your life cover as you progress in life.
Choose your benefit payout option:
- Lump sum: Receive the benefit as a one-time payment.
- Monthly Income: Receive a level monthly income for 10 years.
- Lump sum plus Monthly Income: Receive a part of the benefit as a lump sum and the rest as a level monthly income for 10 years.
Enhance your coverage through 4 riders:
- PNB MetLife Serious Illness Ride
- PNB MetLife Accidental Disability Benefit Rider
- PNB MetLife Accidental Death Benefit Rider Plus
- PNB MetLife Critical Illness Rider
Enjoy tax benefits as per the existing tax laws.

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₹1 CRORE

Term Plan Starting @

Get an online discount of upto 15%^#

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What Is The HDFC Life Click 2 Protect Life Plan?

The HDFC Life Click 2 Protect Life Plan is designed to provide benefits that match your changing lifestyle and specific requirements, ensuring you and your loved ones are financially protected. With 3 plan options and the added benefit of Waiver of Premium upon diagnosis of Critical Illness, you can now cover higher life risks at affordable premiums.

What Are The Key Features Of The HDFC Life Click 2 Protect Life Plan?

Below mentioned are the key features of the HDFC Life Click 2 Protect Life Plan:

3 Plan Options to choose from:
- Life & CI Rebalance: This option provides a balanced coverage between Death and Critical Illness benefits as you progress through life. Critical Illness coverage increases annually, while the Life Cover decreases accordingly. Additionally, if any covered Critical Illness is detected, all future premiums are waived, and the Life Cover continues.
- Life Protect: With this option, a lump sum payment is provided upon the death of the insured individual.
- Income Plus: Under this option, the Life Assured is covered for the entire policy term and also receives a lump sum payout upon maturity, along with regular income starting from age 60.
Offers comprehensive financial protection for your family
Choose a plan option that suits your specific needs from the three available
Automatically adjusts Death and Critical Illness benefits as you age
Receive your income payouts from the age of 60 with the Income Plus Option.
Option to have coverage for the whole of life.
Get all premiums paid back on survival until maturity with the Return of Premium option.
Premiums are waived off upon the diagnosis of Critical Illness (through the WOP CI option).
Additional Sum Assured on Accidental Death (through the ADB option).
Special premium rates available for females and non-tobacco users.
Enjoy tax benefits under the ITA, 1961.

What Is The Comparison Between The Eligibility Criteria Of The PNB MetLife Mera Term Plan Plus and HDFC Life Click 2 Protect Life Plans?

Below mentioned is a comparison of the eligibility criteria of the PNB MetLife Mera Term Plan Plus and HDFC Life Click 2 Protect Life Plans:

Parameters (Min. to Max.)	PNB MetLife Mera Term Plan Plus	HDFC Life Click 2 Protect Life
Entry Age	18 years to 60 years	18 years to 65 years
Maturity Age	80 years	85 years
Policy Term	10 years to 49 years	5 years to 67 years
Sum Assured	Rs. 50 Lakhs to 1 Crore	Rs. 50 Lakhs to 20 Crores
Premium Payment Modes	Monthly,Half-yearly, Annually	Monthly,Quarterly, Half-yearly, Annually

Wrapping It Up!

It is always wise to compare your term insurance plans before you buy them. This way, you will know which plan better suits your requirements and life goals. Policybazaar allows you to compare and choose the best plan from amongst 15+ term plans, thus, ensuring that your loved ones’ financial security is not hampered.

FAQ's

What are the plan options available in the HDFC Life Click 2 Protect Life Plan?

Ans: There are three plan options available in the HDFC Life Click 2 Protect Life Plan are Life & CI Rebalance, Life Protect, and Income Plus.
How does the Life & CI Rebalance rider work in the HDFC Life Click 2 Protect Life Plan?

Ans: The Life & CI Rebalance rider in the HDFC Life Click 2 Protect Life Plan provides a balance between Death and Critical Illness benefits. Critical Illness coverage increases each year, while the Life Cover decreases. Premiums are waived on the diagnosis of covered Critical Illnesses.
Are there tax exemptions in the PNB MetLife Mera Term Plan Plus and HDFC Life Click 2 Protect Life Plans?

Ans: Yes, tax exemptions are available in the PNB MetLife Mera Term Plan Plus and HDFC Life Click 2 Protect Life Plans under the ITA, 1961.
Which riders are available in the PNB MetLife Mera Term Plan Plus?

Ans: The riders available in the PNB MetLife Mera Term Plan Plus are PNB MetLife Serious Illness Ride, PNB MetLife Accidental Death Benefit Rider Plus, PNB MetLife Critical Illness Rider and PNB MetLife Accidental Disability Benefit Rider.

Term Plan Comparison

Term insurance is essential because it provides financial security for your loved ones in case of your untimely death. It ensures they can cover expenses like loans, education, and daily living costs, even in your absence. Comparing term insurance policies from different insurers helps you find the best coverage at the most affordable price, tailored to your specific needs.

When comparing term insurance policies from two of the top Indian insurers like Pnb Met Mera Term Plan Plus And Hdfc Click 2 Protect Life Insurance, consider factors like the premium amounts, the sum assured, and the policy tenure. Look at the claim settlement ratios to understand how reliable each insurer is in paying out claims. Additionally, check for any riders or additional benefits offered, such as critical illness rider or accidental death benefits.

To simplify this process, you can use Policybazaar's comparison tool. This tool allows you to quickly and conveniently compare various term insurance policies side-by-side. It highlights key differences, benefits, and costs, helping you make an informed decision without the hassle of manually researching each policy.

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˜The insurers/plans mentioned are arranged in order of highest to lowest Sum Assured(SA) offered by Policybazaar’s insurer partners offering term insurance plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI.

Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in

Rs. 400/month is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

Rs. 400/month (Rs.13/day) is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 230 is starting price for a 50 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

+Rs. 8/day is starting price for a 50 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

+Rs. 12/day is starting price for a 75 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

+Rs. 497/month is starting price for a 1.5 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 487/month is starting price for a 2 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 626/month is starting price for a 3 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 905/month is starting price for a 5 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 1,267/month is starting price for a 7 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

*The full refund of premium is available on availing the one-time option of refund of premium. Total premium paid for policy (paid for add-ons) will be the special exit value, payable on availing the one-time option of refund of premium if you wish to completely exit the policy.

+Rs. 447/month is starting price for a 1 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs.679/month is starting price for a 2 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 910/month is starting price for a 3 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 1,374/month is starting price for a 5 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 1,924month is starting price for a 7 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

Women

+Rs. 400/month is Starting price for a 1 crore term life insurance for an 18 year-old Female, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

Rs. 461/month is the starting price for a 1 crore term life insurance for an 24 year-old female, non-smoker, with no pre-existing diseases, cover upto 54 years of age.

1,642/month is the starting price for a 1 crore term life insurance for an 44 year-old female, non-smoker, with no pre-existing diseases, cover upto 74 years of age.

Prices offered by the insurer are as per the approved insurance plans | #All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply | **Tax Benefits are subject to changes in tax laws.| Policybazaar Insurance Brokers Private Limited

We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30-minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881

For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale

Policybazaar Insurance Brokers Private Limited | CIN: U74999HR2014PTC053454 | Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana – 122001 | Registration No. 742, Valid till 09/06/2027, License category- Composite Broker Visitors are hereby informed that their information submitted on the website may be shared with insurers. Product information is authentic and solely based on the information received from the insurers.

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