If the policyholder wants to surrender his/her life insurance policy or make a partial withdrawal from the policy fund, the following procedures need to be followed:
Surrender Policy: Reason(s) for policy surrender and the surrender form needs to be submitted at the nearest PNB MetLife Insurance branch, along with the following documents:
- Original policy documents
- Canceled cheque with the policyholder's name on it
- In case the canceled cheque does not have a pre-printed name, account number, or a new account is mentioned on the cheque, then the passbook copy/bank statement having the pre-printed name and the account number is required
- ID proof (PAN Card, Aadhaar Card, Passport, Driving License, Voters ID)
- Policy surrender or cancellation form
- Latest contact details
- NRE bank statement reflecting any premiums paid from the NRE account
Partial Withdrawal: Reason(s) for the partial withdrawal and the pay-out form needs to be submitted at the nearest PNB MetLife Insurance branch, along with the following documents:
- Original policy documents
- Copy of CI or YPD submitted for the withdrawal request (carry original documents for verification in the branch)
- Canceled cheque of the insured's name
- In case the canceled cheque does not have a pre-printed name and account number or a new account is mentioned on the cheque, then passbook copy/bank statement having the pre-printed name and the account number is required
- ID proof (PAN Card, Aadhaar Card, Passport, Driving License, Voters ID)
- Pay-out form
- Latest contact details
- NRE bank statement reflecting any premiums paid from the NRE account
The following options can be used to connect with PNB MetLife Insurance:
Call: 1800-425-6969 (in India) / 91-80-26502244 (outside India)
Telephone Number: +91-22-41790000
Email ID: indiaservice@pnbmetlife.co.in
Fax: +91-22-41790203
Website: www.pnbmetlife.com
Mailing Address:
PNB MetLife India Insurance Company Limited,
1st Floor, Techniplex -1, Techniplex Complex,
Off Veer Savarkar Flyover,
Goregaon (West),
Mumbai – 400062.
You can also visit the nearest PNB Metlife India Insurance branch.