Met Pension Plus

IN THIS POLICY, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER.

MetLife offers, Met Pension Plus a Unit Linked Pension Plan (Non Par), a plan that gives you this freedom to help you achieve your aspirations by giving you return on investment and an opportunity to venture out in life, that you truly deserve. Now, you can live life the way you want to, today and in the future.

Met Pension Plus, when you stop working for money and money starts working for you.

Minimum Age at entry of the Person Insured

18 years for Regular Premium Policy
35 years for Single Premium Policy

Maximum Age at entry of the Person Insured

63 years for Regular Premium Policy
64 years for Single Premium Policy

Minimum Vesting Age

45 years

Maximum Vesting Age

70 years

Policy Term

For RegularPremium - 7 years - 52 years (running years), subject to satisfying the minimum and maximum vesting age
For Single Premium - 6 years to 10 years only

Premium Paying Options

Single Pay & Regular Pay

Minimum Premium

Premium Paying Option/Policy Term	Minimum Premium
Single Pay	Rs. 100,000
Regular Pay <10 years term	Rs. 50,000 p.a. (for Annual & Semi-Annual modes) Rs. 72,000 p.a. (for Quarterly mode) Rs. 84,000 p.a. (for Monthly mode)
Regular Pay 10 to 14 years term	Rs. 25,000 p.a. for all modes
Regular Pay >=15 years term	Rs. 18,000 p.a. for all modes

Minimum Top-Up Premium

Rs.5,000 per Top-Up Premium

Maximum Top-Up Premium

Any Amount

Premium Paying Modes

Single, Annual, Semi-Annual, Quarterly, Monthly & PSP modes

Age last birthday

Death Benefit
In case of an unfortunate death of the Person Insured during the deferment period MetLife will pay to the nominee the Total Fund Value in the Unit Account including Top-Up fund value and Guaranteed Loyalty Additions (if any).

If the nominee is your named spouse, then your spouse has the option to choose any of the immediate annuities offered by MetLife or can also purchase an annuity from any other insurer.

Vesting Benefit
At the end of the policy terms, you have the following options to get the vesting benefit under this Plan;
- Use 100% of the Fund Value at maturity date to buy annuities.
- Commute up to 1/3rd of the Fund Value at maturity and utilize the balance to buy
annuities.

Guaranteed Loyalty Additions
With Met Pension Plus, you get the benefit of enhancing your retirement corpus with Guaranteed Loyalty Additions which are added to your policy so you potentially get higher pensions.

Guaranteed Loyalty Additions are payable only if all premiums are paid.

Other Flexibilities
Unlimited Top-Up Premium Option: Your Pension Planning has now become easy and simple. You can Top-Up your Met Pension Plus plan with additional premiums any time after you purchase the plan. Top-Up Premium is Rs.5,000. Top-Up Premium are accepted only if due Regular Premiums have been paid. What's more, there are no restrictions on the maximum amount of Top-Up Premium also.

Preponement/Postponement of Vesting/Maturity Date: You have the option to prepone or postpone your vesting date during the lifetime of the policy to help you plan your lifestyle changes. Preponement/Postponement is allowed only once during the lifetime of the policy. Other conditions apply.

Eight Immediate Annuity Options: Available at the vesting date through our Immediate Annuity Non-Par Plan (UIN: 117N029V01).

Open Market Annuity Option: MetLife also offers you the flexibility to buy a pension from any other insurer of your choice at the time of vesting. So, you have the freedom to take the best offer available in the market.

1. Maximize your post retirement income with Guaranteed Loyalty Additions.

2. Simplified and hassle free purchase process.

3. Flexibility to postpone and prepone your retirement.

4. *Tax Benefits as applicable.