PNB MetLife Guaranteed Income Plan Check Eligibility

PNB MetLife Guaranteed Income Plan : 

PNB MetLife Guaranteed Income Plan is a non-linked, non-participating endowment policy that provides you with a guaranteed income plan to cherish those little joys in life. You will also get a lump sum benefit to help you turn your big dreams into reality with the help of this savings plan.

Key Benefits of PNB MetLife Guaranteed Income Plan : 

• Guaranteed Income Benefit
• Guaranteed Maturity Benefit
• Life Cover for the Entire Policy Term

 Why PNB MetLife Guaranteed Income Plan :

• Create a second income to support your family
• Plan your goals with a lump sum at maturity
• Secure your family’s future
• Meet important milestones of your child’s education
• Fund your annual vacation

Product Benefit :

1. Guaranteed Income Benefit: Get regular annual income ranging from 11% to 13% of Basic Sum Assured (BSA),based on your Premium Payment Term
   • 5 Pay / 10 term – 5 annual payments starting from 6th policy anniversary, each equal to 11% of Basic Sum Assured
   • 5 Pay / 15 term – 10 annual payments starting from 6th policy anniversary, each equal to 11% of Basic Sum Assured
   • 7 Pay / 15 term – 8 annual payments starting from 8th policy anniversary, each equal to 11% of Basic Sum Assured
   • 10 Pay / 20 term – 10 annual payments starting 11th policy anniversary, each equal to 13% of Basic Sum Assured
   • 12 Pay / 20 term – 8 annual payments starting 13th policy anniversary, each equal to 13% of Basic Sum Assured
2. Pay as you like : Choose to pay premiums for 5, 7, 10 or 12 years
3. Survival Benefits: In addition to the Guaranteed Income Benefit, get 30% to 55% of Basic Sum Assured (BSA) on Maturity, based on your Policy Term
   • 10 term – 30% of Basic Sum Assured, payable at the end of policy term
   • 15 term – 35% of Basic Sum Assured, payable at the end of policy term
   • 20 term – 55% of Basic Sum Assured, payable at the end of policy term
4. Death Benefit: Sum assured on death is payable on death during policy term Where Sum Assured on Death is the highest of;
   • Annualized Premium X Multiple of Annual Premium (10x or 7x, depending on age at entry) 105% of all premiums paid as on date of death
   • Sum Assured on Maturity
   • Basic Sum Assured (BSA)

Eligibility