Prices Increasing soon Prices Increasing Soon

PNB MetLife Term Insurance Claim Process

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.

Read more
Gets ₹1 Cr. Life Cover at just
COVID-19 Covered
The Policybazaar Advantage
Dedicated claim support for family FREE
Upto 10% discount for buying online
Only certified experts will call you on 100% recorded lines
We are rated~
rating
6.7 Crore
Registered Consumers
51
Insurance Partners
3.4 Crore
Policies Sold

#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

Life is Unpredictable! Protect your family’s future
Get ₹1 Crore Life cover starting from ₹384/month+
+91
Secure
We don’t spam
Check Your Premium Now
Please wait. We Are Processing..
Get Updates on WhatsApp
The Policybazaar Advantage
Policybazaar Advantage Icon
Dedicated claim support for family FREE
Policybazaar team will help and support you at the time of claim. A personal claim handler from our team of experts will get in touch with you when your nominee applies for a claim on our website.
Policybazaar Advantage Icon
100% calls recorded to ensure no mis-selling
We will make sure you get what is promised by the advisors. We conduct regular monitoring of our calls to make sure you get the best experience.
Policybazaar Advantage Icon
Exclusive lifetime discount upto 5% for buying online
The discounts will be valid for the entire policy payment term and is not available if you choose to buy the insurance through offline agents.
Policybazaar Advantage Icon
Advisors available in your city
Our advisors are available in more than 55 cities across India and can help you at your doorstep in understanding the plans and in documentation.
Policybazaar Advantage Icon
Refund at the click of a button
In case you aren’t happy with your purchase, you can cancel your policy hassle-free at the click of a button. We will help you with the cancellation and refund of your policy.

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 Claim Process

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.

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+

How to File PNB MetLife Term Insurance Claim

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:

Steps Involved in PNB MetLife Term Insurance Claim Process

  1. Step1: Apply Claim

    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

  2. Step2: Documents Submission

    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.

  3. Step3: Claim Payout

    • 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.

one crore term plan

Secure Your Family Future Today

₹1 CRORE

Term Plan Starting @ ₹449/month+

Get an online discount of upto 10%+

Compare 40+ plans from 15 Insurers

+Standard T&C Applied

Documents Required To Complete PNB MetLife Term Insurance Claim Process

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

A Quick Look at the Importance of PNB MetLife Term Insurance Claim Process

  • 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.

FAQs

  • Can I check the status of my claim?

    Yes, you can easily check the status of your claim. Once the company receives the documents, you can call on their helpline number 1800-425-6969 for queries and future updates. If you are filing a claim as an individual claimant, then the company can also send status updates through text or email, if you have chosen any of these options when completing the claim requirements. Also, PNB MetLife automatically informs you by mail about your payment status.
  • How long will PNB MetLife take to approve my claim?

    After receiving the claim, the company will review every claim information provided by the claimant within 5 working days and respond to your claim within 10 working days, if they need any additional documents for further investigation.
  • What is the procedure of death claim filing, if death occurs in a foreign country?

    Documents required are the same as required at the time of death in India. The certificate of death needs to be attested by the Indian embassy of the residential country.
  • How to calculate the term insurance premium online?

    Ans: You can easily calculate the term insurance premium online by using the term insurance calculator online tool
  • What are the benefits of term life insurance?

    Ans: Here are 4 common term insurance benefits:
    • Low premium rates
    • Tax Benefits
    • Death Benefit
    • Long term coverage

Premium By Age

Term insurance articles

  • Recent Article
  • Popular Articles
13 Jun 2024

Kotak TULIP

Kotak T.U.L.I.P (Term with Unit Linked Insurance Plan) is a

Read more
05 Jun 2024

Why Should You Consider Inflation When Buying a...

The retail inflation of India rose to 5.69% in December 2023

Read more
29 May 2024

Term Insurance for Individuals with 25K Salary

Securing your family's future is essential, especially when

Read more
28 May 2024

'Har Family Hogi Insured' Policybazaar's Vision...

Empowering Every Household: policybazaar's Commitment to

Read more
23 May 2024

Term Insurance for Individuals with a 35K Salary

Securing your financial future is essential, especially when

Read more
28 May 2024

'Har Family Hogi Insured' Policybazaar's Vision...

Empowering Every Household: policybazaar's Commitment to Nationwide Coverage In a visionary move towards a

Read more
20 Aug 2014

Term Insurance for Women in India

Term insurance for women is a type of life insurance specifically designed for fulfilling women’s needs and

Read more
03 Dec 2020

What Is Saral Jeevan Bima

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

Read more
13 Apr 2021

2 Crore Term Insurance Plan

2 Crore term insurance provides cover amount of 2 Crore as death benefit to your family in the event of your

Read more
07 Mar 2023

TATA AIA Smart Sampoorna Raksha Param Rakshak Plus

TATA AIA Smart Sampoorna Raksha Param Rakshak Plus is a comprehensive life insurance policy for individuals

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