PNB or Punjab National Bank MetLife Major Illness Premium Back Cover is a health insurance plan that provides coverage for 35 critical illnesses like heart attack, cancer and stroke and helps pay for the cost of treatment for these illnesses.

It returns back to all the premiums paid if no claims are made during the policy term. MetLife Major Illness Premium Back Cover ensures:

Provides health protection for 10 years
Provide coverage for 35 critical illnesses
Return all base premiums at maturity if no claims are made
Tax benefits on premiums paid and benefits received


Particulars Boundary Conditions

Minimum ages at entry 18 years
Maximum ages at entry 55 years
Policy & Premium Payment Term 10 years
Premium Payment Term Regular
Minimum Sum Assured Rs. 500,000
Maximum Sum Assured Rs. 50,00,000
Minimum Annual Premium Rs 5,958
Maximum premium Rs. 1,68,772
Large Sum Assured Rebate From 5,00,000 - 9,99,999: Nil
From 10,00,000 - 24,99,999: Rs. 4 per 1000 SA
From 25,00,000 - 50,00,000: Rs. 7 per 1000 SA

Maturity Benefit
If no claims were made during policy term, it will return of all base premiums paid at the end of the policy term.