PNB MetLife offers MetLife Grameen Ashray - a simple micro insurance, non- participating plan which provides you life cover at a nominal cost and protects your family from any uncertainties of life.
In the event of death of the Person Insured the Sum Assured is payable.
E.g. a person aged 40 years pays Rs. 395 (inclusive of all taxes at the prevailing rates) every year for a protection amount of Rs. 25,000. In case of his death during the policy period of 5 years, his nominee will get Rs. 25,000.
Particulars |
Boundary Conditions |
Minimum age at entry* |
18 Years |
Maximum age at entry* |
55 years |
Coverage Term |
5 years |
Maximum Cover Ceasing Age |
60 years |
Minimum Premium# |
Rs. 61 |
Maximum Premium # |
Rs. 1208 |
Minimum Sum Assured |
Rs. 5,000 |
Maximum Sum Assured |
Rs. 50,000 |
#Min/max premium does not include taxes. * Age Last Birthday