An Individual, Non-Linked, Non-Participating, Deferred Annuity Product | UIN: 117N134V01
|Age at Entry (Years)||40||
Option C (Life Annuity with Return of Purchase Price on Death or Survival): 65
All Other Annuity Options: 84
|Rs 12,000||Rs 6,000||Rs 3,000||Rs 1,000|
|Purchase Price||Minimum Single Pay: Rs 100,000||Maximum Purchase Price: No Limit|
|Minimum Limited Pay (5,7 & 10): Rs 30,000|
Limited Pay available for option A, B & C Only
|Premium Paying Term||Deferment Period (Years)|
|Single Pay||1 - 10|
|5 Pay||5 – 10|
|7 Pay||7 – 10|
Deferment Period chosen at inception cannot be altered during the policy term
“Deferment Period” is the fixed time period measured in completed years from the inception of the policy, during which no annuity payouts are made. Annuity payouts commences post completion of deferment period.
Yes, you can choose any calendar date as per your choice, post completion of the deferment period to receive your annuity payouts.
Yes, you can receive higher annuity benefits for longer deferment periods.
No, you will be entitled to the same annuity benefit post receiving 50% ROP at the end of 25th policy year.
Yes, the surviving annuitant shall receive 50% of the original income post death of first annuitant
As your trusted life insurance partner, PNB MetLife is with you amidst the current COVID-19 outbreak. Our policies also cover COVID-19 Claims. In case of a Death Claim, kindly submit the signed Claim Intimation Letter mentioning the policy number, brief of the insured event and other claim documents on the email mentioned herewith. Please write-in to us at email@example.com or firstname.lastname@example.org. You can also call us on 1800-425-6969 for death claims intimations and for any queries on Monday - Saturday between 10:00 am - 7:00 pm.
PNB MetLife Insurance, amongst the trusted Life Insurance companies in India, aims to provide a wide range of Life Insurance products that suits the needs of an individual at every stage of his life. Life Insurance Plans range from Term Life Insurance Plans, Term Plan, Protection Plans, Long Term Savings Plans , Retirement Plans & Child Education Plan.