INDIA [change] |  About Us  | Contact Us |  Public Disclosures |  Careers  |  Sitemap
 
Metlife
Life Insurance Plans  
Search 
1
PNB MetLife expresses its sincere condolences to the aggrieved families of the victims of the recent natural calamities that hit the states of Jammu and Kashmir, AP & Odisha. For claims assistance (Jammu and Kashmir), please click here. and for claims assistance (AP and Odisha), please click here..
 
 
  MONTHLY INCOME PLANS


Met Monthly Income Plan

PNB MetLife offers 'Met Monthly Income Plan' a participating plan which guarantees you a monthly regular income for you and your family when you are there and even if you are not there for 15 years or till end of the policy term. Moreover you choose the monthly income that you want and we guarantee you that amount.

A plan which provides for your retirement needs and helps you achieve financial freedom - 'Guaranteed'.

 
Entry Age (Last Birthday)

Min – 18 years
Max – 60 years

Maximum Maturity Age

85 years

Minimum Monthly Income Rs. 1,000 p.m.
Sum Assured (fixed) 180 times the Monthly Income
Premium Payment Term 5 years/10 years
Policy Term 20 years/25 years

Survival Benefits
You get a monthly regular income that you have chosen at the inception of the policy for 15 years after the end of the Premium Payment Term. The monthly regular income commences from the monthly anniversary date that immediately succeeds the completion of the Premium Payment Term.


Maturity Benefit
On attaining the maturity age you will receive the accrued Simple Reversionary Bonuses along with the Terminal Bonus, if any.

A word about Bonuses

Simple Reversionary Bonus
The policy will participate for Simple Reversionary Bonuses on completion of three years and the declared bonus will be credited on each policy anniversary occurring immediately after the date of declaration of bonus provided all the due premiums have been paid.

Simple Reversionary Bonus is declared by the Company starting from year 3 onwards based on the Company's experience and this is not guaranteed. Simple Reversionary Bonus is payable on death of the life insured or on maturity whichever is earlier. The Simple Reversionary Bonus will not accrue once the death claim is settled and for the lapsed policies.


Terminal Bonus
The Company may also declare a Terminal Bonus as a percentage of the accrued Simple Reversionary Bonus. The Terminal Bonus is payable only after payment of last monthly regular income payment and the same is not guaranteed.

1. Guaranteed monthly regular income that you choose at inception payable for 15 years i.e. 180 months.
1
2. In case of unfortunate death during the term of the policy, your family will immediately get an amount equal to 25% of the Base Sum Assured (45 times monthly regular income).
1
3. Guaranteed payment of monthly regular income even after the death of the Person Insured - If the monthly regular income has already commenced, the balance monthly income installments will be paid to the nominee as and when they are due. If the monthly regular income has not commenced, the same will be commenced starting from the first monthly anniversary following the date of death and shall be paid for the next 15 years to the nominee.
1
4. Tax benefits* on both the amount invested and the benefits received under Section 80 C and Section 10 10D.
1

The chosen monthly income cannot be altered during the policy term
MetlifePremium Calculator
1
MetlifeDownload Brochure MetlifeEmail Brochure
1

Disclaimers:
For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale. Insurance is the subject matter of the solicitation.
*Tax benefits are as per the provisions of Income Tax Act, 1961, and the same are subject to amendments made there to from time to time, please consult your tax consultants for more details. LD/2009-10/EC203/426
 
1
Left Border
bullet
Right Border
 
1
Customer Login
1
Financial Advisor Login
1
     Online Sales Illustration
1
    Offline Illustration Updates
 
Left Border Middle Border Right Border
1
Left Border
bullet
Right Border
MetLife
Customer helpline no. :
1800-425-6969 (Toll Free)
(Within India only)
OR 91-80-26502244
(8am – 8pm).

IVR available 24*7
with your policy details.
Fax : 080-41506969
1
SMS MET HELP to 5607071
(Special SMS Charges Apply)
1
1 indiaservice@pnbmetlife.co.in
1 Chat Online
Name *
1
State *
1
City *
1
Email *
1
Phone no. *
(StdCode-PhoneNo)
-
1
Mobile no. *
Branch Locator
Select State
Select City
1
Left Border Middle Border Right Border
MetLife
Left Border
       Pay online
  Payment Options
Right Border
MetLife
Left Border
bullet
Right Border
 
1
Financial Planning for Child
Estimate your retirement needs
Calculate tax savings
Calculate your premium
Find My Plan
MetLife
 
Left Border Middle Border Right Border
MetLife
 
Metlife-Peace of mind guaranteed
     
INDIVIDUAL PLANS TOOLS LEGAL HELP ABOUT PNB MetLife ALREADY A CUSTOMER
Retirement Plans Find Your Plan Privacy Policy Knowledge Center About Us Customer Login
Monthly Income Plans Financial Planning for Children Disclaimer Glossary Management Team Make Premium Payment
Money Back Plans Premium Calculator IRDA Registration Do Not Call Registry NAV Tracker Claim Procedure
Investment Plans Tax Calculator Ombudsman Site Map Contact Us Download Forms
Child Plans Retirement Calculator IRDA Grievance Cell Careers Policy Holder Education
Saving Plans Life Insurance Council Media Spurious Calls
Rural Plans Anti Fraud Policy
Withdrawn Product NRI Zone
Consumer Education Website
Policyholder Handbook
Freelook Request
View Unclaimed Amount

PNB MetLife India Insurance Company Limited formerly known as MetLife India Insurance Co.Ltd.

Registered office address:Brigade Seshamahal 5, Vani Vilas Road, Basavanagudi, Bangalore - 560004,
Karnataka. CI No.: U66010KA2001PLC028883, Phone: 080- 66006969/26438638, Fax: 080-22421970.
Website: www.pnbmetlife.com, Email: indiaservice@pnbmetlife.co.in., IRDA Regn No.: 117
Insurance is the subject matter of the solicitation

The marks “PNB”, “” and “MetLife” are the registered trademarks of Punjab National Bank and Metropolitan Life Insurance Company, respectively. PNB MetLife India Insurance Company Limited is a licensed user of these marks
 
script type="text/javascript">