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Century Plan vs Lic Siip

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Century Plan vs Lic Siip

Century Plan

PNB Century Plan provides you with whole-life (up to 100 years of age) coverage and income. This investment plan offers survival benefits if you outlive the policy tenure. You can choose from various rider options to enhance your coverage as per your requirements. There are flexible options availabl...

Lic Siip

LIC SIIP is a unit-linked non-participating individual life insurance plan. The plan comes out as an opportunity to monetize the investment options offered by the market. The plan is available offline and online along with four different fund options to invest your hard-earned money. Like all other ...

PLAN DETAILS

Century Plan


Lic Siip

Premium Including GST
Key Features
(Key features of the plan)
  • Multiple plan options
  • Bonuses
  • Flexible income pay
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Guaranteed cash bonuses
  • Multiple income options
  • Waiver of premiums on demise
  • Death Benefits
  • Maturity Benefits
  • Guaranteed Additions
Plan Maturity age Maximum Maturity Age - 100 years Maximum Maturity Age - 85 years
Premium payment term 5 to 15 years 10 to 25 years
Plan Entry Age Minimum Age - 30 days Maximum Age - 65 years Minimum Age - 90 days Maximum Age - 65 years
Sum assured No limit Rs 10 lakhs to No limit
Premium payment frequency Annual, half-yearly, quarterly & monthly Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 100 minus entry age Minimum term - 10 years Maximum term - 25 years
Claim Settlement Ratio (2024-25) Minimum Age - 3 year 98.5%

Know More About Plans

PNB Century Plan provides you with whole-life (up to 100 years of age) coverage and income. This investment plan offers survival benefits if you outlive the policy tenure.

You can choose from various rider options to enhance your coverage as per your requirements. There are flexible options available to pay the premium amount, as well as modal factors. This article provides you with complete information about the PNB Metlife Century Plan.

PNB MetLife Century Plan offers you a range of benefits including:

why-choose
  • Guaranteed cash bonuses
  • Multiple income options
  • Waiver of premiums on demise
  • Survival benefits on request
  • Flexibility to choose maturity option

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