PNB Metlife Mera Wealth Plan
  • Loyalty additions
  • Dual benefits
  • Partial withdrawals
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PNB Metlife Mera Wealth Plan

Mera Wealth Plan is a ULIP (Unit Linked Life Insurance Plan) that covers your family financially if something happens to you and gets good returns on your investment. This investment plan offers two plan options- Premier and Online- along with two investment options- Self-managed and Systematic Transfer options. 

You enjoy the option to choose your premium payment duration, modes, and modal factors. This article provides you with complete information about Mera Wealth Plan including its features, benefits, premium illustration, buying process, etc. 

PNB MetLife Mera Wealth Plan offers you a range of benefits including:

why-choose
  • Death benefits
  • Maturity benefits
  • Loyalty additions
  • Premium discontinuance
  • Partial withdrawals

Eligibility Criteria for PNB Metlife Mera Wealth Plan

Your Occupation

Entry age

Minimum Age - 30 days Maximum Age - 60 years

Mukhyamantri Amrutam Yojana

Maturity age

Maximum Maturity Age - 80 years

Your Gender

Policy tenure

Minimum term - 10 years Maximum term - 30 years

Maternity Benefit Rider

Premium payment term

5 to 30 years

Dr YSR Aarogyasri Trust

Premium payment frequency

Annual, half-yearly, quarterly & monthly

Maternity Benefit Rider

Sum assured

No limit

How Does the PNB MetLife Mera Wealth Plan Work?

Let's understand how the PNB MetLife Mera Wealth Plan works with a simple premium illustration.

Why Buy Term Insurance Online?

Problem

Mr. Verma is looking for an Investment plan that helps him create a lump sum amount to fulfill his financial needs.

Solution

His financial advisor advised him to buy the PNB Metlife Mera Wealth Plan. He visited PolicyX.com

Let's understand how the PNB MetLife Mera Wealth Plan works for him with a premium illustration table.

Age of policyholder Annual Premium Policy tenure Premium Payment Tenure Maturity Benefits
40 years Rs. 5 lakhs 20 years 10 years Rs 69,00,424

Key Takeaways: At the end of the policy tenure the maturity benefits of Rs 69,00,424 are paid to the policyholder.

Features of PNB Metlife Mera Wealth Plan

Here are some features of PNB Metlife Mera Wealth Plan:

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Unique Features

  • Multiple plan options
  • Bonuses
  • Flexible income pay

PNB MetLife Century Plan (Pros)

PNB MetLife Century Plan
  • Guaranteed cash bonuses
  • Multiple income options
  • Waiver of premiums on demise

PNB MetLife Century Plan (Cons)

PNB MetLife Century Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

PNB MetLife Century Plan (Other Benefits)

PNB MetLife Century Plan
  • Death benefits
  • Maturity benefits
  • Tax benefits

PNB MetLife Century Plan (Eligibility Criteria)

PNB MetLife Century Plan
  • Minimum entry age- 30 days
  • Maximum entry age- 65 years
  • Minimum sum assured- Rs 2.4 lakhs
  • Maximum sum assured- No limit
  • Maximum policy term- 100 minus entry age

Mera Wealth Plan is a ULIP (Unit Linked Life Insurance Plan) that covers your family financially if something happens to you and gets good returns on ...

Unique Features

  • Loyalty additions
  • Dual benefits
  • Partial withdrawals

PNB Metlife Mera Wealth Plan (Pros)

PNB Metlife Mera Wealth Plan
  • Loyalty additions
  • Dual benefits
  • Partial withdrawals

PNB Metlife Mera Wealth Plan (Cons)

PNB Metlife Mera Wealth Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

PNB Metlife Mera Wealth Plan (Other Benefits)

PNB Metlife Mera Wealth Plan
  • Premium discontinuance
  • Death benefits
  • Maturity benefits

PNB Metlife Mera Wealth Plan (Eligibility Criteria)

PNB Metlife Mera Wealth Plan
  • Minimum entry age- 30 days
  • Maximum entry age- 60 years
  • Minimum sum assured- Rs 50 lakhs
  • Maximum sum assured- No limit
  • Maximum policy term- 30 years

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Unique Features

  • Waiver of Premium
  • Yearly Cash Bonuses
  • Choice of Plan Options

PNB Metlife Super Saver Plan (Pros)

PNB Metlife Super Saver Plan
  • Waiver of Premium
  • Yearly Cash Bonuses
  • Choice of Plan Options

PNB Metlife Super Saver Plan (Cons)

PNB Metlife Super Saver Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

PNB Metlife Super Saver Plan (Other Benefits)

PNB Metlife Super Saver Plan
  • Maturity Benefits
  • Tax Benefits
  • Death Benefits

PNB Metlife Super Saver Plan (Eligibility Criteria)

PNB Metlife Super Saver Plan
  • Minimum entry age- 0 years
  • Maximum entry age- 60 years
  • Minimum sum assured- Rs 220000
  • Maximum sum assured- No limit
  • Maximum policy term- 20 years

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Unique Features

  • Get guaranteed Benefits & Yearly Bonuses on Your Savings
  • Rebates on High Sum Assured
  • 2 Add-on Riders Available

PNB Metlife Guaranteed Savings Plan (Pros)

PNB Metlife Guaranteed Savings Plan
  • Maturity Benefits
  • Death Benefits
  • Discount on High Sum Assured

PNB Metlife Guaranteed Savings Plan (Cons)

PNB Metlife Guaranteed Savings Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

PNB Metlife Guaranteed Savings Plan (Other Benefits)

PNB Metlife Guaranteed Savings Plan
  • Yearly Bonuses
  • High Sum Assured Rebates
  • Additional Riders

PNB Metlife Guaranteed Savings Plan (Eligibility Criteria)

PNB Metlife Guaranteed Savings Plan
  • Minimum entry age- 3 years
  • Maximum entry age- 60 years
  • Minimum sum assured- Rs 150000
  • Maximum sum assured- Rs 400000
  • Maximum policy term- 20 years
Tired of Pushy Sales? Get Insurance, Your Way Tired of Pushy Sales? Get Insurance, Your Way

Benefits of the PNB MetLife Mera Wealth Plan

There are various benefits to buying the PNB MetLife Mera Wealth Plan. Let’s understand each of them in detail:

  • Death benefits: In case of the policyholder’s unfortunate demise, the death benefits are paid to their family members. The death benefit is higher of the following: Fund value, Basic sum assured - Partial withdrawals, 105% of total premiums paid.
  • Maturity benefits: If the policyholder outlives the policy term then maturity benefits are paid to them along with applicable loyalty additions. These benefits help them fulfill their financial obligations.
  • Loyalty additions: This plan offers loyalty additions that will be allocated at the end of every policy year. The longer you stay invested, the higher your loyalty additions.
  • Receive payouts as per your choice: You can receive your payouts as per your choice either as a lump sum or structured payments in the form of monthly, half-yearly, or yearly payouts.

Documents Required to Buy PNB MetLife Mera Wealth Plan

Here is the list of documents required to buy the PNB MetLife Mera Wealth Plan:

Photo ID Proof

Photo ID Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.

How to Buy PNB Metlife Mera Wealth Plan?

You can buy the PNB Metlife Mera Wealth Plan official website or one of their nearest branch offices.

Life Insurance
  • Step 1

    Visit the official website of PolicyX.com.

  • Step 2

    Click on the ‘Investment’ tab.

  • Step 3

    A new page will appear on the screen.

  • Step 4

    Fill out the form at the top of the page with the necessary details.

  • Step 5

    Select your income and city. Click on 'Proceed'.

  • Step 6

    Update your education and occupation details.

  • Step 7

    Choose your preferred plan and click on 'Buy this plan'.

  • Step 8

    Select the policy term, premium period, investment amount, and riders (if required), and then proceed to pay.

Life Insurance
  • Step 1

    Visit the official website of PNB Metlife Insurance.

  • Step 2

    Hover over the 'Buy Insurance' from the top of the menu.

  • Step 3

    Click on the ' PNB MetLife Mera Wealth Plan'.

  • Step 4

    Click on ‘Buy Now’ and you will be redirected to a new page.

  • Step 5

    Enter your name and contact information. One of their representatives will reach out to you and discuss the quotes.

  • Step 6

    Once discussed you can make the premium payment and get the policy documents.

Buying from their branch office

You can buy the PNB MetLife Mera Wealth Plan offline by visiting one of their nearest branch offices. One of their representatives will help you buy the plan.

Your Occupation

Exclusions of the PNB MetLife Mera Wealth Plan

Given below are some exclusions of the PNB MetLife Mera Wealth Plan-

  • Suicide within 12 months of the policy purchase is not covered.

  • Consumption of any intoxicants.

  • Death due to any aviation accident.

  • Death due to any adventurous sports.

Plan At a Glance

What’s Good Here What’s Missing
Loyalty Additions Premium Offset
Premium Discontinuance No additional riders
Guaranteed Maturity Benefit Auto cover continuance
Partial Withdrawals Top-up premium

In a nutshell

PNB MetLife Mera Wealth Plan offers you dual benefits- maturity benefits along with loyalty additions and death benefits. You can also choose whether your funds are managed by experts or yourself. There are various charges levied by PNB Metlife on this plan which we have explained above. If you are confused about whether this plan is right for you or not then you can contact us at PolicyX.com. One of our insurance experts will contact you shortly, get your details, and help you choose the plan that best fits your needs. 

FAQs: PNB MetLife Mera Wealth Plan

1. How many plan options are available with the PNB Metlife Mera Wealth Plan?

You can choose from two plan options- Premier and Online while buying the PNB Metlife Mera Wealth Plan.

2. How to buy Mera Wealth Plan?

You can buy PNB Metlife Mera Wealth Plan from the official website of PNB Metlife or one of their nearest branch offices.

3. Does PNB Metlife Mera Wealth Plan allow you to switch between funds?

Yes, Mera Wealth Plan allows you to freely switch between funds but the minimum switch must be at least Rs 5,000.

4. What are loyalty additions available to the PNB Metlife Mera Wealth Plan?

The loyalty additions are provided under the Mera Wealth Plan every year. The longer you stay invested, the higher the additions.

5. What are the premium payment terms available if you want to buy the PNB Metlife Mera Wealth Plan?

There are various premium payment terms available with Mera Wealth Plan including 5,10 and 10 to 30 years.

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Himanshu Kumar

Written By: Himanshu Kumar

Himanshu is a seasoned content writer specializing in keeping readers engaged with the insurance industry, term and life insurance developments, etc. With an experience of 2 years in insurance and HR tech, Himanshu simplifies the insurance information and it is completely visible in his content pieces. He believes in making the content understandable to any common man.