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Family Income Protector Plus Plan vs Pnb Metlife Loan And Life Suraksha Plan

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Family Income Protector Plus Plan vs Pnb Metlife Loan And Life Suraksha Plan

Family Income Protector Plus Plan

'A Term plan that gives a regular monthly income after your demise' If you support your family financially through your income, then undoubtedly, the comfort, happiness, and protection of your loved ones depend on you. But what if any mishap occurs to you? Such a scenario can strip your family of th...

Pnb Metlife Loan And Life Suraksha Plan

PNB Metlife has launched the PNB MetLife Loan and Life Suraksha Plan, offering life insurance along with protection for your mortgage, educational, personal, and auto loans. The policy comes in 3 types of coverage options, namely the Reducing cover option, the Level cover option, and the Increase of...

PLAN DETAILS

Family Income Protector Plus Plan


Pnb Metlife Loan And Life Suraksha Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Monthly Income for 20 yrs
  • Return of premium
  • Tax benefits
  • Dual Coverage option
  • Joint Life option
  • Moratorium Period
Plan Maturity age Maximum Maturity Age - 75 years Maximum Maturity Age - NA
Plan Sum Assured Basic Sum Assured: ₹14L to ₹1.4Cr. Base sum assured: 5 Thousand to no limit
Plan Entry Age Minimum Age - 25 years Maximum Age - 60 years Minimum Age - 15 years Maximum Age - 65 years
Plan Payment modes Annual, Semi-Annual, and Monthly Half-yearly, Quarterly, Yearly, Monthly
Plan Policy loan The policy loan is not available under PNB Metlife Saral Jeevan Bima. The policy loan is available under PNB MetLife Loan and Life Suraksha Plan
Plan Sample Premium Rs 511-/ per month Rs 532-/ per month
Plan Brochure Brochure URL Brochure URL
Policy Term Minimum term - 10 years Maximum term - 20 years Minimum term - 2 years, Maximum term - 25 years
Claim Settlement Ratio (2023-24) 99.2 99.2
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PNB Metlife Term Insurance Plans

PNB Metlife Term Insurance Plans

* The above sample premiums are for a 30-year-old male, nonsmoker with a sum assured of Rs 50 lakhs and a policy tenure of 25 years. You can calculate the premiums for the above term insurance plans using the PolicyX Term Insurance Calculator.

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'A Term plan that gives a regular monthly income after your demise'

If you support your family financially through your income, then undoubtedly, the comfort, happiness, and protection of your loved ones depend on you. But what if any mishap occurs to you? Such a scenario can strip your family of the financial aid too.

Therefore, to keep the family income flowing even after your demise, PNB Metlife term insurance plan has introduced a term plan named 'Family Income Protector Plus'. A unique non-linked term insurance plan that will protect your family from any future uncertainties by providing a regular monthly income for up to 20 years. Not only this, but if you outlive your policy, the premiums that you paid will be given back to you.

PNB Metlife Family Income Protector Plus plan offers you a range of benefits, including:

why-choose
  • Guaranteed Monthly Income
  • Choice of Plan Options
  • Return of Premium
  • Tax Benefits as per the laws
  • Add-on Riders
  • Affordable Premiums

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