PNB MetLife Mera Jeevan Suraksha Plan

1. Choose your protection against Death or Terminal Illness
   1. Opt to secure your family’s future with benefit option 1 and 2
   2. Opt for double the protection with monthly income plus ‘100 times of monthly income’ as lump sum with benefit option 3 & 4
2. Opt to get your money back on survival till maturity with ‘With return of premiums’ option^
3. Decide your legacy and protect your family*
4. Avail tax benefits on premiums paid & benefits received, as per prevailing tax laws
5. Special rates for women

*Nomination in accordance with Section 39, please refer extract provided at the end of the sales literature and with your policy document
^‘With return of premiums’ option and cover for spouse under benefit option 2 will be available on payment of additional premiums

• Comprehensive Cover
• Choose Your Protection
• Joint Life Cover
• Return of Premiums

Death or Terminal Illness Benefit shall be payable according to the benefit option chosen by policyholder at inception. Benefit option, once chosen, cannot be altered during the term.

• Benefit option 1, Lump Sum: At inception, you can choose the lump sum payable immediately on first occurrence of Death or diagnosis of Terminal Illness of the life assured during the policy term. This lump sum amount is equal to Sum Assured on Death.
• Benefit option 2, Life partner: Both the Policyholder (the first life) and his/her spouse (the second life) are covered.
  At inception, you have to choose the lump sum payable immediately on first occurrence of Death or diagnosis of Terminal Illness of the first life during the policy term. The cover to the Second life shall be equal to 50% of the lumpsum amount chosen for the first life, subject to a maximum of Rs. 1 Crore.
  The lump sum amount payable in respect of each life is equal to Sum Assured on Death in respect of either life.
• Benefit option 3, Fixed income: At inception, you can choose the Monthly Income amount. On first occurrence of Death or diagnosis of Terminal Illness, Sum Assured on Death shall be payable. Sum Assured on Death is equal to lump sum amount (equal to 100 times of Monthly Income chosen at the time of inception) payable immediately plus fixed Monthly Income payable over 10 years (120 months) in instalments, where the first instalment of monthly income will be payable one month from date of death of the life assured.
  The policy terminates with the payment of the last instalment of Monthly Income.
• Benefit option 4, Increasing income: At inception, you can choose the Monthly Income amount. On first occurrence of Death or diagnosis of Terminal Illness, Sum Assured on Death shall be payable. Sum Assured on Death is equal to lump sum amount (equal to 100 times of Monthly Income chosen at the time of inception) payable immediately plus increasing Monthly Income payable over 10 years (120 months) in instalments increasing at 10% simple per annum, where the first instalment of monthly income will be payable one month from date of death of the life assured. The policy terminates with the payment of the last instalment of Monthly Income.

• Maturity benefit is payable only if ‘with Return of Premiums’ option is chosen.
• Maturity benefit is equal to sum assured on maturity.
• No maturity benefit will be paid under ‘without Return of Premiums’ option.
• The Policy terminates with the payment of maturity benefit.

Please refer Terms and Conditions of the product for more details on Maturity Benefit

You can buy this plan offline using the following methods:

• Send me an Advisor
• Visit the nearest branch
• Contact us