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    PNB MetLife Family Income Protector Plus

    You look after your family’s monthly expenses today. Ensure it for tomorrow as well.

    Individual, Non Linked, Non Participating, Pure Risk Premium, Life Insurance Plan | UIN: 117N086V04

    You look after your family’s monthly expenses today. Ensure it for tomorrow as well. A flexible term plan designed to ensure financial stability for your family in your absence, PNB MetLife Income Protector Plus has only 3 simple steps for enrolment so you can start living life freely without any worries about the future.

    PNB MetLife Family Income Protector Plus in a nutshell
    • Guaranteed monthly income
    • Freedom to choose Benefits
    • Return of premiums
    • Tax Benefits

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    What you get

    PNB MetLife Family Income Protector Plus ensures
    • Get guaranteed* monthly income up to 20 years for your family
    • Receive 110% of your base premium paid back** at the end of the policy term
    • Flexible monthly income options of Rs.10,000, Rs.25,000, Rs.50,000, Rs.75,000 & Rs.100,000
    • Provide tax# savings at time of purchase and when monthly income is paid to your family.

    What you don’t get

    Things You Need to know

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    What is PNB MetLife Family Income Protector Plus?

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    PNB MetLife Family Income Protector Plus is a term plan that gives you the flexibility to choose your premium and monthly income. These protection plans provide cover against death during the policy term. This income protection insurance plan gives you the option to get your premiums back at the end of the policy term.

    What does PNB MetLife Family Income Protector Plus ensure?

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    • Guaranteed* monthly income up to 20 years for your
    • You Receive 110% of your base premium paid back** at the end of the policy term
    • Flexible monthly income options of Rs.10,000, Rs.25,000, Rs.50,000, Rs.75,000 & Rs.100,000
    • Tax# savings at time of purchase and when monthly income is paid to your family.

    * Subject to all premiums being received in full and when due

    ** Only when Return of Premium option is selected at the time of purchase

    # Tax Benefits are as per the Income Tax Act, 1961, and are subject to amendments made thereto from time to time. Please consult your tax consultant for more details.

    What are the key Benefits of this plan?

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    • Guaranteed monthly income
    • Freedom to choose Benefits
    • Return of premiums
    • Tax Benefits

    What are the Death Benefits of this plan?

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    In the event of death during the coverage term, your family will receive the monthly income amount selected by you.

    What are the Maturity Benefits of this plan?

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    The term assurance plan premiums will be returned to you upon maturity. Up to 110% premium amount will be returned when you opt for the TROP (Term Cover & Term with Return of Premium) plan at the time of purchase of the policy.

    What are the eligibility criteria for this plan?

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    Particulars

    Boundary Conditions

    Min/Max Age at entry*

    25 years – 60 years (55 for Policy term 20 years)

    Max. age at maturity*

    75 years

    Monthly Income Options

    Rs.10,000/-, Rs.25,000/-, Rs.50,000/- Rs.75,000/- & Rs.100,000/-

    Plan options

    Term Cover & Term with Return of Premium Option(TROP)

    Premium paying options

    Yearly, Half-Yearly, Monthly & PSP modes

    Policy Term options

    10 years

    15 years

    20 years

    Benefit Payout Period

    240 months

    180 months

    120 months

    Min. Premium (Term)

    Rs. 3,055

    Rs. 2,780

    Rs. 2,520

    Max. Premium (Term)

    Rs. 1,26,160

    Rs. 1,33,590

    Rs. 83,450

    Min. Premium (TRoP)

    Rs. 24,137

    Rs. 11,852

    Rs. 7,881

    Max. Premium (TRoP)

    Rs. 6,29,670

    Rs. 3,67,170

    Rs. 1,85,800

    Min Sum Assured

    14.20 lakhs

    12.00 Lakhs

    9.10 Lakhs

    Max. Sum Assured

    1.42 Crs

    1.24 Crs

    0.95 Crs

    How can I buy PNB MetLife Family Income Protector Plus?

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    You can buy this plan offline through any of the following options:

    Disclaimer:

    • *Subject to all premiums being received in full and when due
    • **Only when Return of Premium option is selected at the time of purchase
    • #Tax Benefits are as per the Income Tax Act, 1961, and are subject to amendments made thereto from time to time. Please consult your tax consultant for more details.

    AD-F/2020-21/00320

    Disclaimer

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    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 claimshelpdesk@pnbmetlife.com or indiaservice@pnbmetlife.co.in. 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 PlansTerm PlanProtection PlansLong Term Savings Plans , Retirement Plans & Child Education Plan.

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