PNB MetLife

PNB MetLife Century Plan, a participating life insurance plan that provides income for whole life along with cover for the whole of life (till the age of 100 years).

The plan provides a holistic solution for you to generate a regular income and to build a corpus to achieve the planned goals and secure your loved one’s future, without any compromises. Additionally, it also provides a waiver of premiums to ensure that your goals are not compromised in case of untimely demise.

In this plan, wherein at inception of the policy, the policyholder can choose to receive benefits in the following form:

Option 1: Super Income (Immediate Income)
Cash bonuses (if declared) will be paid from fi¬rst year or ¬first month onwards, based on Income mode selected. Minimum cash bonus^ is Guaranteed @10% of Annualized Premium during the premium payment term

Option 2: Smart Income (Immediate Income)
Cash bonuses (if declared) will be paid from fi¬rst year or fi¬rst month onwards, based on Income mode selected.

Option 3: Future Income (Deferred Income)
Cash bonuses (if declared) will be paid from end of 15th policy year till maturity. Guaranteed cash bonuses @30% of Annualized premium will be paid during Fixed Income period. Simple reversionary bonuses (if declared) will accrue during fi¬rst fourteen policy years and will be paid as Fixed Income over a Fixed Income period.

Other Key Features -

1. Family Care Benefit (Optional): Survival benefi¬ts and Maturity Benefit continue to be paid even after death of the Life Assured, and no future premiums are payable after death.
2. Return of premiums along with Terminal Bonus (if declared) as lump sum at maturity.
3. Life cover for the entire policy term.
4. Additional cover through an Accidental death and serious illness riders.
5. Option to accumulate Survival benefit at a specifi¬ed interest rate and withdraw partially or fully as per the need
6. Tax Benefits as per the applicable tax laws.

Note:

^Minimum cash bonus is guaranteed 10% of Annualized premium throughout premium payment under Super Income Option for PPT 10 and above, @5% for PPT less than 10.

ELIGIBILITY CONDITIONS:

1reference to age is as on age last birthday. For policies issued to minor lives the risk cover starts immediately at inception. Also, in case the life assured is a minor, the policy will vest with the life assured when the life assured attains an age of 18 years.

*Premium Payment Term 5, 6, 7 & 9 years are not available with Future Income Option

Please Note :

1. 1.All the mentioned Plan Options, Policy Term, Premium Paying Term etc. under the boundary guidelines and the document may or may not be available through the bank partner for sales. For more details, please reach out to the Bank or PNB MetLife Representative.
2. 2. This is just a reference document and thus needs to be read in conjunction with approved policy sales brochure/prospectus available on the website, www.pnbmetlife.com

PNB MetLife India Insurance Company Limited, Registered office address: Unit No. 701, 702 & 703, 7th Floor, West Wing, Raheja Towers, 26/27 M G Road, Bangalore -560001, Karnataka. IRDAI Registration number 117. CI No: U66010KA2001PLC028883. For more details on terms & conditions, please read the Sales brochure carefully before concluding any sale. The Saraswat Bank is a registered Corporate Agent of PNB MetLife India Insurance Company Limited & its registration no. is CA0137. Participation by bank's customers/corporate agents' customers are purely on a voluntary basis. The contract of insurance is between the insurer & the insured & not between the bank/corporate agent & the insured. The marks “PNB” and “MetLife” are registered trademarks of Punjab National Bank and Metropolitan Life Insurance Company, respectively. PNB MetLife India Insurance Company Limited is a licensed user of these marks. Call us Toll-free at 1-800-425-6969. Website: www.pnbmetlife.com Email: indiaservice@pnbmetlife.co.in or Write to us: 1st Floor, Techniplex -1, Techniplex Complex, opp Veer Savarkar Flyover, Goregaon (West), Mumbai – 400062, Maharashtra. AD-F/2025-26/992.

BEWARE OF SPURIOUS PHONE CALLS AND FICTITOUS/FRAUDULENT OFFERS!

IRDAI or its officials do not involve in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

PNB MetLife Guaranteed Future Plan, helps you systematically save and offers guaranteed** returns. It also safeguards the clients against certain unforeseen life events. The plan ensures that they are able to meet life’s financial goals with higher degree of certainty. The plan offers you complete control and flexibility to customize savings schedule based on your needs and affordability. The Plan provides options to choose the way you receive maturity amounts (i.e. Income, Lumpsum or combination thereof) and can also customize the timing to best meet your requirements.

This is a guaranteed** savings plan wherein at inception of the policy, the policyholder can choose to receive benefits in any one following form:
Option 1: Endowment Option – Total premium payable along with accrued Guaranteed Additions and accrued Wealth additions# is paid as a lumpsum at the end of the policy term.
Option 2: Income Option – Guaranteed Income1 payouts are paid during the Income Payout Period.
Option 3: Income + Lumpsum Option – Guaranteed Income1 payouts are paid during the Income Payout Period and accrued Wealth additions are paid as lumpsum at the end of policy term.
Option 4: Income + Boosters – Guaranteed Income1 payouts are paid at regular intervals during the Income Payout Period. Additional payouts, termed as ‘Booster Additions3’ will be paid at specified intervals along with the Guaranteed Income Payouts.

Key Additional Features –

1. Pay as you like: Choose from various premium payment options from 2 to 5, 7 to 15 years or Single pay.
2. Flexibility to receive the income payout on a certain date.
3. Get Life cover for the entire policy term.
4. Option to enhance your protection through Accidental Death and Serious Illness rider coverage.
5. Tax benefits@ as per prevailing tax laws.

ELIGIBILTY CRITERIA:

PPT_PT combinations are available as follows:

For Option 1:

For Option 2 & 3:

$SP will not be available for Option 3.

For Option 4:

Disclaimers:

**Provided the policy is in-force & all due premiums have been paid.

#Guaranteed additions will be available with all options, Wealth additions will be available with Lumpsum & Income +Lumpsum options only.

@Tax benefits are as per the Income Tax Act, 1961 & are subject to amendments made thereto from time to time. Please consult your tax consultant for more details. Goods and Services Tax (GST) shall be levied as per prevailing tax laws which are subject to change from time to time.

1. Guaranteed Income Payout percentage will vary based on Premium payment term, age, policy term and bene t option chosen.

2. All references to age are as on age last birthday. For policies issued to minor lives the risk cover starts immediately at inception. Also, in case the life assured is a minor, the policy will vest with the life assured when the life assured attains an age of 18 years.
3Booster percentage will vary based on Premium payment term, age, policy term.

Please Note:

1. All the mentioned Plan Options, Policy Term, Premium Paying Term etc. under the boundary guidelines and the document may or may not be available through the bank partner for sales. For more details, please reach out to the Bank or PNB MetLife Representative.

2. This is just a reference document and thus needs to be read in conjunction with approved policy sales brochure/prospectus available on the website, www.pnbmetlife.com

PNB MetLife India Insurance Company Limited, Registered office address: Unit No. 701, 702 & 703, 7th Floor, West Wing, Raheja Towers, 26/27 M G Road, Bangalore -560001, Karnataka. IRDAI Registration number 117. CI No: U66010KA2001PLC028883. For more details on terms & conditions, please read the Sales brochure carefully before concluding any sale. The Saraswat Bank is a registered Corporate Agent of PNB MetLife India Insurance Company Limited & its registration no. is CA0137. Participation by bank's customers/corporate agents' customers are purely on a voluntary basis. The contract of insurance is between the insurer & the insured & not between the bank/corporate agent & the insured. The marks “PNB” and “MetLife” are registered trademarks of Punjab National Bank and Metropolitan Life Insurance Company, respectively. PNB MetLife India Insurance Company Limited is a licensed user of these marks. Call us Toll-free at 1-800-425-6969. Website: www.pnbmetlife.com Email: indiaservice@pnbmetlife.co.in or Write to us: 1st Floor, Techniplex -1, Techniplex Complex, opp Veer Savarkar Flyover, Goregaon (West), Mumbai – 400062, Maharashtra. AD-F/2025-26/991.

BEWARE OF SPURIOUS PHONE CALLS AND FICTITOUS/FRAUDULENT OFFERS!

IRDAI or its officials do not involve in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.