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    PNB MetLife Mera Heart and Cancer Care Plan

    Life Insurance
    • Premiums as low as Rs.17/day for sum assured of Rs.1 crore*
    • Claim up to Rs. 1,50,000 deduction under section 80C**
    • Choose between annual and monthly premium payment options

    Everyone loves policies that provide additional benefits without having to procure separate plans for the same. The Mera Heart and Cancer Care Plan by PNB Metlife is a policy that provides not just health care protection but also a life cover, making this plan one of the most sought after policies available in the market today. The Mera Heart and Cancer Plan comes with other unique advantages as well, such as a zero survival period, wherein individuals can file for insurance claims as soon as they are diagnosed and payouts at various stages of illness. Individuals will also receive a balance of all the premiums that have been paid upon plan maturity. This Non-participating, non-linked health insurance plan is made in such a way that individuals receive comprehensive cover against heart diseases and all stages of cancer.

    Individuals can avail the distinctive advantage of being able to customise their coverage. They opt for coverage against cancer, heart diseases or both. Individuals can avail lump sum benefits at severe, moderate and mild stages of their illness and Terminal Illness along with Inbuilt Life cover right from the first day. Policyholders can choose to procure additional income every month if they opt for the Platinum plan. In addition to the above, policyholders can receive the balance of all their premiums upon maturity, minus claims. However, the best part of this plan is that female policyholder can avail special benefits such as coverage for female specific cancer at reduced rates.

    Eligibility - Who is the PNB Metlife Mera Heart and Cancer Plan for?

    In order to avail the above plan, individuals must meet the eligibility criteria mentioned below:

    Parameters Minimum Maximum
    Age of entry (in years) 18 65
    Age of maturity (in years) 28 75

    All ages are as on last birthday of the policyholder.

    Sum Assured and Premium Range - What you get and what it costs?

    Sum Assured:

    The Sum Assured depends on the coverage, policy tenure chosen and the premiums that are paid.

    Sum Insured - Cancer Cover (in Rupees) Rs.5,00,000 Rs.40,00,000
    Sum Insured - Heart Cover (in Rupees) Rs.5,00,000 Rs.40,00,000
    Sum Insured - Heart and Cancer Cover (in Rupees) Rs.10,00,000 Rs.80,00,000

    Premium:

    Policy tenure 10 years/15 years/20 years
    Premium Payment Tenure Equal to the tenure of the policy
    Premium Payment Modes Annually/Semi-annually/Monthly

    Individuals must note that all premiums may vary based on policy term, age, location and other factors.

    Plan Coverage - What the PNB Metlife Mera Heart and Cancer Plan covers?

    Given below are all the conditions covered under the PNB Metlife Mera Heart and Cancer Plan.

    Conditions Covered Mild Stage Moderate Stage Severe Stage
    Heart Cover
    • Angioplasty (stenting for Coronary Arteries)
    • Infective Endocarditis
    • Pericardiectomy
    • Renal Angioplasty
    • Endarterectomy
    • Minimally Invasive Surgery for Aortic Aneurysm
    • Replacement of Heart Valves or Percutaneous Procedures for Repair
    • Stenting and Angioplasty for Carotid Arteries
    • Initial implantation of Permanent Pacemaker of Heart
    • Insertion of Implantable Cardioverter Defibrillator
    • Surgery to place Ventricular Assist Devices or Total Artificial Hearts
    • Major surgery of Aorta
    • Cardiomyopathy
    • Open Chest CABG
    • Heart Transplant
    • Repair of Heart Valves
    • Myocardial Infarction i.e., First Heart Attack of a specified severity.
    Cancer Cover
    • Carcinoma-in-situ
    • Specified early stage cancer
    • Complete Abdominal Hysterectomy and Bilateral Salpingo - Oophorectomy for Carcinoma-in-situ of Uterus/Carcinoma-in-situ of Cervix/Carcinoma-in-situ of Ovary
    • T1NoMo Urinary Bladder Cancer/Cystectomy for Carcinoma-in-situ of the Urinary Bladder
    • Orchidectomy for Carcinoma-in-situ of the testis
    • Mastectomy for Carcinoma-in-situ of the breast
    • Major Cancer

    Individuals will have to note that all claims will be paid in increasing order to severity within the specific cover option. In case claims are being put forth by policyholder for various stages of the same cancer at a specific time, the highest claim that is admitted under the policy will be paid. In case more than one cancer has been diagnosed, benefit will be paid under any one condition.

    There are two types of Plans available and these are:

    • Gold Plan
    • Platinum Plan

    Benefits of these Plans are given below:

    Parameter Gold Plan Platinum Plan
    Cancer Cover/Heart Cover/Heart and Cancer Cover
    • Mild Stage - 25% of the Sum Insured
    • Moderate Stage - 50% of Sum Insured
    • Severe Stage - 100% of Sum Insured
    • Mild Stage - 25% of the Sum Insured
    • Moderate Stage - 50% of Sum Insured
    • Severe Stage - 100% of Sum Insured
    Maturity Benefit In case policyholders choose the Return of Balance Premium option, he/she will receive a sum of all premiums that have been paid, minus critical illness benefits that have already been paid, at the end of the selected policy tenure. In case policyholders have chosen a without return of balance premium option, no maturity benefit is payable.
    Premium Waiver Benefit In case policyholder has put forth a valid ‘Mild stage’ or ‘Moderate stage’ claim under an on-going policy, all future premiums for the successive five years will be waived. This benefit will be available only in case of first claim. If the outstanding policy tenure is less than five years, all premiums for outstanding tenure will be waived.
    Terminal Illness/Death Benefit Death benefit will be paid on earlier occurrence of either diagnosis of Terminal Illness or Death. This Death Benefit will be the Sum Insured on death without Critical Illness claims that have already been paid.
    Monthly Income Benefit Not Applicable A monthly income benefit of 1.5% of the Sum Insured will be paid additionally. This will be paid only on Severe Stage claim for a period of 5 years, from the date of the claim. This benefit will be in addition to all other benefits that have been described under the plan.

    Other Benefits available under this Plan are as follows:

    Special Benefits for Women Cancers of female-specific organs such as cervical cancer, breast cancer, etc, are covered under the Cancer cover. Female policyholders can also avail special rates for the same.
    Surrender Benefit This benefit will be paid only if the option With Return of Balance Premium’ is chosen. After premiums have been paid regularly for a minimum of 3 full years from the date of policy commencement, Surrender Value will be paid, minus critical illness claims paid, if any. Surrender Value is a higher of Guaranteed Surrender Value and Special Surrender Value. The policy will cease on the date when surrender benefits are settled.
    High Sum Insured Discount
    • For sum intervals of Rs.5,00,000 to Rs.10,00,000 - Discount per Rs.1,000 Sum Insured per year is Nil
    • For sum intervals of Rs.10,00,001 to Rs.15,00,000 - Discount per Rs.1,000 Sum Insured per year is Rs.0.5.
    • For sum intervals of Rs.15,00,001 to Rs.25,00,000 - Discount per Rs.1,000 Sum Insured per year is Re.1
    • For sum intervals of above Rs.25,00,000 - Discount per Rs.1,000 Sum Insured per year is Rs.1.5
    Premium Discount Premium discount is not offered when only Cancer Cover or Heart Cover is availed. However, if both are procured then discount is applicable, as mentioned in the table below.
    Age Discount Age Discount Age Discount Age Discount
    18 26.0% 31 19.0% 44 10.0% 57 5.8%
    19 25.5% 32 18.0% 45 9.5% 58 5.4%
    20 25.0% 33 17.5% 46 9.0% 59 5.1%
    21 24.5% 34 17.0% 47 8.8% 60 4.8%
    22 24.0% 35 16.5% 48 8.5% 61 4.2%
    23 23.5% 36 16.0% 49 8.3% 62 3.8%
    24 23.0% 37 15.5% 50 8.0% 63 3.1%
    25 22.5% 38 15.0% 51 7.5% 64 2.5%
    26 22.0% 39 14.0% 52 7.0% 65 2.0%
    27 21.5% 40 13.0% 53 6.8%    
    28 21.0% 41 13.0% 54 6.5%    
    29 20.5% 42 12.0% 55 6.3%    
    30 20.0% 43 11.0% 56 6.0%    

    Exclusions - What the PNB Metlife Mera Heart and Cancer Plan does not cover?

    • In case of policyholder’s death due to suicide, whether sane or insane within one year from the date of policy inception, only 80% of premiums received under the policy will be paid to the beneficiary or nominee of the policyholder as long as the policy is In-force status.
    • In case of policyholder’s death due to suicide within a period of one year from date of last policy revival, the nominee will receive higher of 80% of the Total Premiums received or Surrender Value as long as the policy is in-force. Interest will not be paid on the same.

    Other Key Features – Freelook Period, Surrender Values, Grace Period etc.

    Grace Period In case premiums are not paid on due dates, a grace period of 30 days will be available from due date of premium. The grace period for monthly mode of payment if 15 days. During this period, policy will continue to be in force.
    Lapse In case installment is not paid completely within the given Grace Period, the policy will lapse and cover will cease.
    Revival A lapsed policy can be revived within the revival period of two years from date of first unpaid premium by providing proof of insurability based on Board approved underwriting policy. All due premiums will also have to be paid along with interest at the rate prevailing at that point of time. This request will attract -
    • If policy is revived within a period of 60 days from lapse or a continuous waiting period of 180 days has been served, the waiting period of 180 days will not apply.
    • For other cases, waiting period will be applicable.
    Customers should note that a surrendered policy cannot be revived.
    Survival Period and Waiting Period
    • An initial waiting period of 180 days from the date of policy commencement or from date of policy revival for the diagnosis is applicable for claim to be valid.
    • There is no compulsory survival period between the date of diagnosis of the condition and date on which customer will be eligible for payment of benefit.
    • In case of death, there will be no waiting period.
    • In case diagnosis or symptoms occurred during waiting period when only one cover is chosen, the policy will terminate and benefits will not be paid.
    • In case Cancer and Heart cover is chosen, only that specific cover will cease in case symptoms have occurred during the waiting period.
    • Premiums will decrease to the premiums that are payable under the cover that is continued.
    Free Look Period In case customers are not satisfied with the policy, they have the option to return the policy along with stated reasons, within a period of 15 days from the date on policy receipt. In case the plan has been sold via distance marketing channels, such as telephone conversation or online, 30 days is the Free Look Period available. In such a case, policyholder will receive:
    • A refund of all premiums that have been paid minus expenses that have been incurred by the company due to medical examination of the policyholder and stamp duty charges, or
    • In case risk has commenced and policyholder chooses to return the plan, a deduction towards proportionate risk premium for the period on cover, or
    • In case part of insurance coverage has begun, proportionate premium commensurate with the coverage during the specific period.
    Terminal Illness Terminal Illness is stated as rapidly progressing or advanced disease wherein, according to the opinion of two independent medical practitioners’ believe that life expectancy of such an individual no longer than twelve months from date of claim notification. Terminal Illness due to AIDS is not included and the policy will cease upon payment of terminal illness benefit.
    Premium Guarantee These rates are guaranteed for a period of five years from policy commencement. However, these premium rates will be reviewed at every five policy years.

    Tax Benefits - How you can save with the PNB Metlife Mera Heart and Cancer Plan?

    This plan comes with tax benefits based on the conditions and provisions of the Income Tax Act of 1961 and are subject to changes made in tax laws. Therefore, customers are advised to contact their tax advisors prior to procuring the plan for more information regarding tax benefits.

    Other Benefits - How you can save with the PNB Metlife Mera Heart and Cancer Plan?

    One of the premier Life Insurance providers in the country, PNB Metlife provides customers with a multitude of products to cater to every unique need and requirement. In addition to the sheer number of plans that they offer, PNB Metlife comes with other advantages as well. These benefits are:

    • Compare - Individuals have the option to compare all the plans that they are interested in by clicking on the ‘Compare’ option provided in the website. By doing so, customers can get an idea as to the advantages and disadvantages of various plans.
    • Get Quote - Interested individuals can also find out the tentative premium for the plan that they are interested in by giving a few of their basic details.
    • Buying Choices - Individuals have the option of procuring insurance plans either by visiting one of the PNB Metlife branches or by applying for the same online, through the website. Apart from this, customers can also request for an advisor to help provide a better understanding of all plans. The toll-free contact number can also be used by individuals in case they wish to clear further doubts. In addition to the above, individuals can also contact PNB Metlife through SMS as well.
    • Premium Calculator - Customers can also make use of the premium calculator available on the PNB Metlife website and find out the tentative premiums that they would have to pay and the subsequent Sum Assured that they would receive.

    Why you should buy the Mera Heart and cancer Plan from PNB Metlife?

    One of the most well-known and trusted providers of insurance, PNB Metlife has branches in more than 7000 locations. This company has insured more than a 100 million individuals throughout the world and boasts of a high claim-settlement ratio as well. PNB Metlife works in order to ensure that the lives of their customers are easy. This insurance company has partnered with a number of banks such as PNB, Jammu and Kashmir Bank Limited and Karnataka Bank Limited.

    All products are easy to procure and this company strives to be the best in the field. PNB Metlife has also won numerous awards for their products and services. This company won the Celent’s Model Insurer Asia 2016 and two awards at the Asia Training and Development Excellence Awards 2016. PNB Metlife also has the distinction of winning the ‘Website of the Year’ award in Mumbai at the E-Commerce Summit and Awards.

    PNB MetLife Mera Heart and Cancer Care Plan Reviews

    • PNB Metlife Life Insurance
      "Very good policy"
      0.5 5.0/5 "Blown Away!"
      I have a Term Insurance policy from PNB MetLife, I have chosen this policy based on the plan benefits they offered as well as the policy coverage. I am very satisfied with the policy, it covers accidental disability cover and critical illness. My total premium is around Rs. 1,344 and sum assured to me is around Rs. 75,00,000.
      Was this review helpful? 0
      , patna
      Reviewed on Apr 09, 2018
    • PNB Metlife Life Insurance
      "Documentation process should be simpler"
      0.5 4.0/5 "Great!"
      I took term insurance from PNB Metlife, but I didn't receive the documents from their end. I spoke with their customer care, they asked me to go to the bank its not upto the mark. However the policy cost is very lower than other insurance, I do get some money back benefits. I took MetLife Mera Term Plan-Full Lump Sum Payout + Accidental Disability Benefit for the monthly premium around Rs.542, for the sum assured of 10 lakhs.
      Was this review helpful? 0
      , chennai
      Reviewed on Mar 13, 2018
    • PNB Metlife Life Insurance
      "Overall good "
      0.5 3.5/5 "Pretty good"
      PNB Met Life was good in the process and services. I have taken my term insurance from them. It is a MetLife Mera Term Plan where there is a Full Lump Sum Payout + Accidental Death Benefit + Accidental Disability Benefit + Critical Illness Rider, which is 10000000 + 2276000 + 2209000 + 500000. The tenure is for 40 years.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Mar 07, 2018
    • PNB Metlife Life Insurance
      "Good"
      0.5 5.0/5 "Blown Away!"
      I have taken a MetLife Mera Term Plan - Full Lump Sum Payout + Accidental Disability Benefit + Critical Illness Rider plan. It has a sum assured of 10000000 + 9500000 + 500000. PNB Met Life insurance is good overall. The premium is okay but as of until and unless it is used by my nominee. the benefits would be known. As of now the policy seems good. Tenure is for 34 years.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 07, 2018
    • PNB Metlife Life Insurance
      "Very good"
      0.5 5.0/5 "Blown Away!"
      6000 rs per year, 10 years. I have a life insurance policy from PNB MetLife. I am happy with the policy, the plan benefits and the policy coverage is satisfactory. The payment options are also auto debited from my account so it is not an hassle. Overall I am happy with the policy, my final premium would be somewhere around Rs. 6,000 per year for around 10 years.
      Was this review helpful? 0
      , thiruvananthapuram
      Reviewed on Mar 05, 2018
    • PNB Metlife Life Insurance
      "Insufficient services"
      0.5 2.0/5 "Expected more"
      I have taken a life insurance policy from PNB Metlife. Only issue that I faced with this policy is that the add on beneficiary cannot be added. I called the customer service a couple of times but the issue cannot be resolved. Other than that policy is fine. My total premium is around Rs. 3,643 and sum assured to me is around Rs. 30,00,000.
      Was this review helpful? 0
      , mumbai
      Reviewed on Feb 24, 2018
    • PNB Metlife Life Insurance
      "Average"
      0.5 3.0/5 "Satisfactory"
      I have taken a life insurance policy from Pnb Metlife. My total premium is around Rs. 10,000 and sum assured to me is around Rs. 80,00,000. It is for the period of 30 years, I am satisfied with the policy coverage, and they have given me good payment options as well.
      Was this review helpful? 0
      , kolkata
      Reviewed on Feb 23, 2018
    • PNB Metlife Life Insurance
      "Very good"
      0.5 4.0/5 "Great!"
      I have a life insurance policy from Pnb Metlife.The policy is good, but I faced lot of trouble with their customer service in terms of receiving my hard copy and soft copy. They troubled me a lot. Their policy includes the sum assured Rs of around Rs. 60,00,000 for the tenure of 52 years and total premium is around Rs. 546.
      Was this review helpful? 0
      , warangal
      Reviewed on Feb 05, 2018
    • PNB Metlife Life Insurance
      "Looking for better service"
      0.5 4.0/5 "Great!"
      When I applied for the term insurance with PNB met life, I got an issue with the name, I told them to correct my name and ask them to resend the documents but they didn't revert back. They should provide proactive service to the customer. In term of policy benefits they are good, my premium amount was around Rs. 397 for the term of 30 years. I have taken sum assured value of Rs.50 lakhs for my family with tax benefits and financial security features for unseen events.
      Was this review helpful? 0
      , jodhpur
      Reviewed on Feb 01, 2018
    • PNB Metlife Life Insurance
      "Good"
      0.5 4.0/5 "Great!"
      I have taken a life insurance policy from Pnb metlife through online portal. The benefits are good on the policy and after the maturity I will be getting good sum assured. I paid my premium through cheque. Over all I am happy with the Policy coverage.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jan 30, 2018
    • PNB Metlife Life Insurance
      "Good features"
      0.5 4.0/5 "Great!"
      PNB Met life India insurance was quick in the process. I have taken a term insurance and I am happy with the features. The best feature is they have a add on where critical illness is covered and my premium is worth paying for the benefits. The sum assured is also to my satisfaction.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jan 02, 2018
    • PNB Metlife Life Insurance
      "Good policy to hold"
      0.5 4.0/5 "Great!"
      When I was doing a search for 1 crore sum assured term insurance policy I found this policy with PNB Met Life and I had chosen this after reading the terms and conditions of the policy. When the staff spoke with me from PNB Met Life they said that I have to pay Rs. 5300 as premium but they asked me to do a health check up in one of their registered medical center, after examining they confirmed that my sugar level is 129 so I need to pay Rs. 5800 as premium for this policy. But when I checked it later, Sugar level was normal and that was my only concern here. Besides that, I dont have any issues as it is a good policy also it provides coverage for both accidental and disability too.
      Was this review helpful? 0
      , chennai
      Reviewed on Jan 02, 2018
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