PNB MetLife Investment Plans

PNB Metlife Investment Plans

The plans offered by PNB MetLife Insurance Company vary in type, but they all have the same goal in mind: to provide life insurance coverage to policyholders as well as a way for them to save through traditional savings methods though their PNB Metlife investment plans.

Types Of Investment Plans

The following are the types of plans offered by PNB MetLife:

• PNB MetLife Endowment Savings Plan Plus: It is an endowment-based investing and life insurance plan that can help you meet your financial goals at any age.

Key Features:

• Death and maturity benefits are available to policyholders.
• In terms of financial safety, it has two options: Savings and Savings Plus.
• Under the Savings Plus plan, future premiums are eliminated for 35 pre-listed critical conditions.
• From the first year of the policy, the plan offers a simple reversionary bonus and a terminal bonus.

Eligibility Criteria For PNB MetLife Endowment Savings Plan Plus

Parameters	Specifications
	Savings	Savings Plus
Minimum Entry Age	8 Years	18 Years
Maximum Entry Age	60 Years	55 Years
Maximum Maturity Age	80 Years	Regular Pay: 65 Years Limited Pay: 80 Years
Premium Payment Options	Yearly, Half-yearly, Monthly

• PNB MetLife Mera Wealth Plan: It is a unit-linked wealth and savings plan that helps policyholders meet their financial goals while also providing life insurance. Please keep in mind that unit-linked funds are subject to market volatility, and policyholders bear the risk.

Key Features:

• Policyholders have the option of paying their premiums under one of two ways: single or regular.
• Self-managed and Systematic Transfer are the two investment options available.
• From the 6th policy year onward, the plan pays loyalty bonuses.
• Maturity benefits are paid out as a lump payment of Fund Value at the end of the term.

Eligibility Criteria For PNB MetLife Mera Wealth Plan

Parameters	Specifications
Minimum Entry Age	30 Days
Maximum Entry Age	60 Years
Maximum Maturity Age	80 Years
Premium Payment Options	Annual, Bi-annual, Monthly

• PNB MetLife Guaranteed Savings Plan: It is a savings-based insurance plan that offers higher returns on premiums paid. Maturity benefit is paid as a single amount to the policyholder, who can then utilise it to achieve short- and long-term objectives.

Key Features:

• Upon plan maturity, a percentage of the basic sum assured can be recovered.
• Policyholders receive guaranteed additions to their cumulative premiums at the end of each year during the premium payment term.
• A loan of up to 90% of the surrender value is possible.

Eligibility Criteria For PNB MetLife Guaranteed Savings Plan

Parameters	Specifications
	5 Pay	7 Pay	10 Pay
Minimum Entry Age	8 Years	3 Years	3 Years
Maximum Entry Age	60 Years
Maximum Maturity Age	70 Years	75 Years	80 Years
Premium Payment Options	Annual, Semi-annual, Monthly

• PNB MetLife Money Back Plan: A traditional money back plan that ensures consistent financial flow. There are also the following features:

Key Features:

• Under the Regular Pay option of premium payment, premiums are payable for the whole term of the plan.
• From the fifth through the ninth year, money back benefits are provided at a rate of 10% of the Sum Assured.
• The policyholder receives 60% of the Sum Assured at maturity.
• On the death of the insured , the nominee is entitled to a benefit equal to the Sum Assured or annualised premium multiplied by 10 or 105 % premiums paid, whichever is larger.

Eligibility Criteria For PNB MetLife Money Back Plan

Parameters	Specifications
Minimum Entry Age	13 Years
Maximum Entry Age	55 Years
Maximum Maturity Age	65 Years
Premium Payment Options	Yearly, Half-yearly, Quarterly or Monthly

• PNB MetLife Bachat Yojana: PNB MetLife Bachat Yojana is a non-linked, long-term savings plan that includes life insurance.

Key Features:

• For a 10 premium payment term, policyholders can receive coverage for up to 15 years.
• It provides the base sum assured as well as bonuses as a maturity benefit.
• This plan allows for both a simple reversionary bonus and a terminal bonus. From the third year until the end of the policy term, the bonus is accumulated.

Eligibility Criteria For PNB MetLife Bachat Yojana

Parameters	Specifications
Minimum Entry Age	20 Years
Maximum Entry Age	60 Years
Maximum Maturity Age	75 Years
Premium Payment Options	Yearly, Half-yearly, Monthly

Applying For A Traditional / Investment Plan From The Company:

Online

The company offers unique plans like pnb metlife century plan, investment plans that available online. The customer merely needs to go to the company's website, select the desired plan, coverage, and supply the necessary information. The premium will be calculated based on the information provided. After that, the customer must pay the premium via credit card, debit card, or net banking, and the policy will be issued.

Intermediaries

Agents, brokers, banks, and other intermediaries can help with the application process for plans that are not available online.