PNB MetLife Sukh, Saving Plans

Key Benefits of MetLife Sukh

  • 1

    Death Benefits

  • 2

    Maturity Benefits

Overview

PNB MetLife offers MetLife Sukh - a guaranteed Money-Back Policy which provides guaranteed periodic survival benefits at the end of 5, 10, 15 & 20 years and guaranteed additions of 10% of the Sum Assured for the entire term. It not only covers your life, but also guarantees you cash payments at various milestones along with guaranteed growth of your savings.

MetLife Sukh ensures

  1. Guaranteed Survival Benefit: Payment of 20% of the Sum Assured every year starting from the 5th year till maturity.
  2. Guaranteed Maturity Benefit:
    • Guaranteed payment of 40% of Sum Assured.Guaranteed Addition of 10% of Sum Assured every year up to maturity.

  3. Guaranteed Death Benefit: Guaranteed payment of Sum Assured along with Guaranteed Additions (accrued till that time). This is paid over and above the survival benefit payments already made.
  4. *Tax Benefits as applicable.

Product Benefits

Death Benefit

In the unfortunate event of death of the Person Insured, the Sum Assured along with the Guaranteed Additions are payable.
The policyholder is entitled to Guaranteed Additions of Rs. 100/ per Rs. 1,000 of the Sum Assured for each completed year.

Maturity Benefit

On maturity, the life insured will receive the Survival Benefits plus the Guaranteed Addition.

Particulars

Boundary Conditions

Premium Payment Term

Regular

Min. Age at entry*

15 years

Max age at entry*

55 years

Coverage Term

20 years

Minimum Sum Assured

Rs.75,000

Maximum Sum Assured

No Limit

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