Pnb Metlife

PNB MetLife Insurance – Best Term Plans, Saving Plans & Pension Plans in India

PNB MetLife India Insurance Company Limited is a joint venture between Punjab National Bank (PNB) and MetLife International Holdings LLC. Established in 2001, it offers a wide range of life insurance products to cater to various needs, including protection, savings, investment, and retirement plans¹².

Types of Plans

1. Term Insurance Plans:
   • PNB MetLife Mera Term Plan Plus: Provides comprehensive protection with options for critical illness cover, accidental death benefit, and waiver of premium on disability³.
2. Unit Linked Insurance Plans (ULIPs):
   • PNB MetLife Smart Platinum Plus: Combines investment and insurance, allowing you to invest in equity, debt, or balanced funds while providing life cover³.
   • PNB MetLife Smart Wealth Plan: Offers flexibility in investment options and life cover, with loyalty additions and wealth boosters³.
3. Savings and Investment Plans:
   • PNB MetLife Guaranteed Future Plan: Provides guaranteed returns along with life cover³.
   • PNB MetLife Century Plan: Offers a combination of lump sum payouts and regular income³.
4. Child Plans:
   • PNB MetLife Smart Child Plan: Helps secure your child’s education and future goals with lump sum payouts or regular income³.
5. Pension Plans:
   • PNB MetLife Immediate Annuity Plan: Provides regular income post-retirement to ensure a comfortable life³.
   • PNB MetLife Retirement Savings Plan: Offers immediate regular income for life after a lump sum investment³.

Key Features

• Flexibility: Options to choose the policy term, premium payment term, and premium payment frequency³.
• Tax Benefits: Premiums paid and benefits received are eligible for tax deductions under Section 80C and 10(10D) of the Income Tax Act³.
• Riders: Additional benefits like critical illness cover, accidental death benefit, and waiver of premium on disability³.

How to Buy

You can purchase PNB MetLife Insurance plans online through their official website³, or through authorized agents and brokers. They also offer customer support to help you choose the right plan based on your needs.