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HOW TO CANCEL YOUR MET-LIFE INSURANCE POLICY

ByJuma Chai

Jul 20, 2019

MOST PEOPLE ASK THE QUESTION, IS IT POSSIBLE TO CANCEL YOUR PNB METLIFE INSURANCE POLICY? AND IF IT IS POSIBLE HOW DO YOU GO ABOUT IT? HERE IS THE BEST WAY TO MAKE SURE THAT YOUR METLIFE INSURANCE HAS BEEN CANCELED OR YOU HAVE MADE A PARTIAL WITHDRAWAL FROM IT.

 

It is not advisable to cancel your life insurance policy not unless you get a better deal or circumstances force you to. In case of such a situation and your service provider is METLIFE here is a way go through it.

You need to submit your surrender policy along with the required documents to any PNB MET insurance branch near you. The surrender policy should include reasons for surrender along with the dully filled cancellation form.

 

 

The Documents required:

  • Original policy documents,
  • Cancelled cheque of the insured’s name
  • In case the cancelled cheque does not have pre-printed name and account number or new account is mentioned on the cheque, Pass book copy/ bank statement having pre-printed name and account number is required.
  • Id proof
  • Policy surrender or cancellation form
  • Latest contact details
  • Bank statement reflecting any premiums paid

Partial withdrawal: reason for partial withdrawal along with the payout form needs to be submitted At the nearest Pnb metlife insurance branchAlong with the documents listed below:-

Documents required:

  • Original policy documents,
  • Copy of ci or ypd submitted for withdrawal request (carry original for verification from branch)
  • Cancelled cheque of the insured’s name
  • In case the cancelled cheque does not have pre-printed name and account number or new account is mentioned on the cheque, Pass book copy/ bank statement having pre-printed name and account number is required.
  • Id proof
  • Pay out Form
  • Latest contact details
  • bank statement reflecting any premiums paid.

Juma Chai

A writer dedicated to providing the world with the best insights into Africa.

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