PNB MetLife Believes That All Rightful Claims Should Be Settled Promptly And Efficiently While Ensuring A Satisfying Experience To Our Customers, And Demonstrates This By:
  • Assessing claims in a fair and objective manner
  • Extending support to the claimant at every stage of the process
  • Keeping the customer experience in mind while assessing all legitimate claims
  We have also introduced Claims Assure, a 3 hour Claims Decisioning* process where Claim is processed within 3 hours of the receipt of complete documents, with the payment being processed the next working day, subject to applicable terms and conditions. Customer Service PNB MetLife enables 24*7 digital servicing through khUshi, a customer service app, powered with AI, for ease and convenience of its customers . In case of a Grievance, customers can get in touch with PNB MetLife through email : indiaservice@pnbmetlife.co.in or Toll Free number 1800-425-6969 ( Within India only) or 91-80-26502244 (10am to 7pm Mon to Sat), with IVR available 24*7 Visit PNB MetLife Website : www.pnbmetlife.com PNB MetLife Branch Locator : Click here for PMLI commission structure disclosure

2. Life Insurance Corporation Of India

  LIC of India has been established as a Corporation in 1956 by an act of Parliament and allowed sovereign guarantee to its policyholders under Section 37 of LIC of India Act, 1956. As on date, LIC maintains the largest Market Share among all Life Insurers by attaining 75.90% on policies and 68.74% on First Premium Income as on 31.3.2020. In Bancassurance business, LIC is also one of the leading players tied up with 12 PSU Banks, 5 Pvt Sector Banks, 18 Regional Rural Banks, 36 Co-operative Banks & 1 Foreign Bank. Banks have been enabled to offer online/offline new Life Insurance policies to its customers across the country and providing facilities of paying seamless renewal premiums through direct debit or NACH (National Automated Clearing House). LIC is offering a bouquette of most innovative products comprising Endowment Assurance plan, Money Back, Whole life plan, Term Insurance plans, Aadhar based plans, Pension plans, Health plans & ULIPs catering to the needs of people for insurance as well as wealth creation. Click here for LIC commission structure disclosure

Disclaimer

  • Insurance is the subject matter of the solicitation.
  • For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale. Participation by customers is on voluntary basis.
  • Contract will be between Insured & Insurer and not between Insured & the Bank. Punjab National Bank is a licensed Corporate Agent under the license number CA0256.

General Insurance

To provide our customers with wide range of bancassurance services and as per open architecture model of IRDAI, our bank has entered into corporate agency tie-up with 5 Insurance companies.
  • Oriental Insurance Co. Ltd. (OICL), (General Insurance)
  • Bajaj Allianz General Insurance Co. Ltd. (BAGIC), (General Insurance)
  • Chola MS General Insurance Co. Ltd. (CHOLA), (General Insurance)
  • Care Health Insurance Ltd. (CHIL), (Stand Alone Health Insurance)
  • Star Health and Allied Insurance Co Ltd., (Stand Alone Health Insurance)
  All General Insurance partners are offering an array of products e.g. Fire Insurance, Motor Insurance, Marine Insurance & Misc. Insurance Policies like Shop-keepers’ Policy, Theft/ Burglary Policy, Fidelity Guarantee Policy, Personal Accident Policy, Overseas Travel Insurance Policy, House Hold Goods Policy and customized Health Insurance Policy specifically designed for PNB customers, etc. at a competitive price with assured post sale services. Our SAHI (Stand Alone Health Insurance) partner i.e. Care health Insurance Ltd. & STAR HEALTH are offering all ranges of health insurance products specially designed for PNB customer at a competitive price with assured post sale services. The customized products offered by above mentioned insurance companies are one of the best in the industry. For the ease of our customers, the comparative chart of Health Insurance Policies offered by above mentioned companies is as follows:
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