Disclaimer Policies

  1. The past performance is not an indication of future performance
  2. 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
  3. "S&P®" and "Standard and Poor's®" are trademarks of Standard and Poor's Financial Services LLC ("S&P"), and have been licensed for use by India Index Services and Products Limited in connection with the S&P CNX Nifty Index. The unit linked insurance products are not sponsored, endorsed, sold or promoted by India Index Services and Products Limited ("IISL") or Standard & Poor's ("S&P"), a Delaware limited liability company. Neither IISL nor S&P makes any representation or warranty, express or implied, to the owners of the unit linked insurance products or any member of the public regarding the advisability of investing in securities generally or in the unit linked insurance product
  4. The unit linked insurance products are not sponsored, endorsed, sold or promoted by India Index Services & Products Limited (IISL). IISL does not make and expressly disclaims any representation or warranty, express or implied (including warranties of merchantability or fitness for particular purpose or use) regarding the advisability of investing in the unit linked insurance product linked to S&P CNX Nifty Index or particularly in the ability of the S&P CNX Nifty Index to track general stock market performance in India.
  5. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding the sale
  6. Please read this Sales brochure carefully before concluding any sale. This product brochure is only indicative of terms, conditions, warranties and exceptions contained in the insurance policy. Detailed terms and conditions are contained in the policy document
  7. The premium shall be adjusted on the due date even if it has been received in advance. If premium due in one financial year is being collected in advance in earlier financial year, insurers may collect the same for a maximum period of three months in advance of the due date of the premium.
  8. The Policyholder has the facility to withdraw from the ECS mode at least 15 days prior to the ECS due date. The insurer shall not levy any additional charges towards cancellation of ECS mode or recover from the benefits under the policy
  9. In this Policy, the Investment Risk in investment portfolio is borne by the Policyholder.
  10. The linked insurance products do not offer any liquidity during first five years of the contract. The policyholder will not be able to surrender/ withdraw the monies invested in linked insurance products completely or partially till the end of fifth Year.
  11. Please refer to Policy Bond/Brochure for details on Sec 41 & 45 of Insurance Act, 1938 as applicable.
  12. Unit Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factors
  13. The premium paid in Unit Linked Life Insurance policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions
  14. PNB MetLife India Insurance Co. Ltd. is only the name of the Insurance Company and the names of the products are only the names of the unit linked life insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns
  15. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and return
Terms and Conditions
  1. No insurer shall assume any risk in India in respect of any insurance business on which premium is not ordinarily payable outside India unless and until the premium payable is received by him or is guaranteed to be paid by such person in such manner and within such time as may be prescribed or unless and until deposit of such amount as may be prescribed, is made in advance in the prescribed manner.
  2. The right to cancel the policy within 30 days of receipt of the policy in case of disagreement with the terms of the policy under all life contracts and covers tied to credit/debit/other cards, and for all personal accident and health insurance policy contracts with a term of 3 years or more offered by insurers over distance mode, provided no claim has already been made on the policy.
  3. Please ensure that the you have mentioned your PAN No. or provide us with a copy of Form 60/61 along with your renewal premium in case the renewal premium amount either in aggregate or singularly exceeds Rs.50,000/- in an year
  4. For applicable customers who have not furnished the Form 60/61 along with the renewal premium, PNB MetLife presumes that there has been no change in the reason for the said customer to not have a PAN, than what as was furnished at the time of applying for the policy.
  5. Guaranteed benefits are payable subject to policy being in force and subject to terms & conditions of the policy.
  6. Bonus is not guaranteed and is subject to terms & conditions of the policy.
  7. The investments will not be made in the equities of companies that deal with tobacco, alcohol etc.
  8. Investment in money market instruments protects the Net Asset Value (NAV) from volatile market conditions