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    LONG TERM SAVINGS

    How Much Life Insurance Coverage One Should Have?

    Last Updated On 02-11-2016

    How Much Life Insurance Coverage One Should Have? A life insurance policy is a contract of an individual with an insurance company to safeguard his life. In exchange for premium payments, the insurance company presents a lump-sum payment, known as a death benefit to beneficiaries upon the event of the insured's death. This definition of a life insurance does sound unnerving but it is certainly reassuring on your part to have your loved ones secure even when you are not around.

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    In any case, life insurance coverage is a must. You never know with life and all things considered, your family’s well-being comes in question. So what’s the perfect sum for a life insurance? Here, the life insurance quote comes to your rescue! To get a quote, one can simply fill in all personal details, from your date of birth to your annual income and voila! You get to know the appropriate sum you require for protection, which will likewise help you make savings in the long run.  A piece of cake, isn’t it? Isn’t getting a life insurance quote a total saviour for us?

    While the quote in place, the next part is working it out with the life insurance calculator. With the life insurance calculator, you will have to select your desired policy, premium, amount, number of years and so on. And then, you’d get the insurance plan, just perfect for you! So there’s no need to be a mathematician to calculate your policy, with PNB it is just a click away to get your life insured!  Go on, find your ideal life insurance coverage and get insured right away.

    To know more about Term Insurance browse the website for various Term Plans offered by PNB MetLife

    Disclaimer:

    The aforesaid article presents the view or an independent writer who is an expert on financial and insurance matters. PNB MetLife India Insurance Co. Ltd. doesn’t influence or support views of the writer of the article in any way. The article is informative in nature and PNB MetLife and/ or the writer of the article shall not be responsible for any direct/ indirect loss or liability incurred by the reader for taking any decisions based on the contents and information given in article. Please consult your financial advisor/ insurance advisor/ before making any decision..

    PNB MetLife India Insurance Company Limited, Registered office address: Unit No. 701, 702 & 703, 7th Floor, West Wing, Raheja Towers, 26/27 M G Road, Bangalore -560001, Karnataka.
    IRDAI Registration Number 117. CI No: U66010KA2001PLC028883. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding the sale.
    The marks “PNB” and “MetLife” are registered trademarks of Punjab National Bank and Metropolitan Life Insurance Company, respectively. PNB MetLife India Insurance Company Limited is a licensed user of these marks.
    Call us Toll-free at 1-800-425-6969.. Phone: 080-66006969, Website: www.pnbmetlife.com, Email: indiaservice@pnbmetlife.co.in or Write to us: 1st Floor, Techniplex -1, Techniplex Complex, Off Veer Savarkar Flyover, Goregaon (West), Mumbai – 400062, Maharashtra. Phone: +91-22-41790000, Fax: +91-22-41790203

    EC291 LD/2019-20/302

    BEWARE OF SPURIOUS/FRAUD PHONE CALLS!
    • IRDAI is not involved in activities like selling policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

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    Disclaimer

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    As your trusted life insurance partner, PNB MetLife is with you amidst the current COVID-19 outbreak. Our policies also cover COVID-19 Claims. In case of a Death Claim, kindly submit the signed Claim Intimation Letter mentioning the policy number, brief of the insured event and other claim documents on the email mentioned herewith. Please write-in to us at claimshelpdesk@pnbmetlife.com or indiaservice@pnbmetlife.co.in. You can also call us on 1800-425-6969 for death claims intimations and for any queries on Monday - Saturday between 10:00 am - 7:00 pm.

    PNB MetLife Insurance, amongst the trusted Life Insurance companies in India, aims to provide a wide range of Life Insurance products that suits the needs of an individual at every stage of his life. Life Insurance Plans range from Term Life Insurance PlansTerm PlanProtection PlansLong Term Savings Plans , Retirement Plans & Child Education Plan.

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