PNB MetLife Family Income Protector Plus

PNB MetLife Family Income Protector Plus

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
1. Guaranteed monthly income
2. Freedom to choose Benefits
3. Return of premiums
4. Tax Benefits

What you get

Choice of Tenure

With a plan as flexible as PNB MetLife Family Income Protector Plus, you can choose

Choice of monthly income

With PNB MetLife Family Income Protector Plus, you get

Returns on Premium

Receive up to 110% of your base premium paid back at the end of the policy term with this plan.

Tax Benefits

As per the prevailing tax laws, PNB MetLife Family Income Protector Plus gives you the advantage of availing Tax Benefits on both premiums paid and Benefits received.

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

What you don't get

Paid-up value

In case of Term Cover option, the policy does not acquire any paid-up value.

Surrender Benefit

In case of Pure Term Cover, there are no surrender Benefit and hence no surrender value is payable.

Maturity Benefit

If you opt for Term Cover, no amount will be payable under this plan.

Suicide Exclusions

If the Life Assured's death is due to suicide within twelve months from the date of commencement of risk or from the Date of Revival of the Policy as applicable, the Nominee or beneficiary of the Policyholder shall be entitled to 80% of the total Premium paid till the date of death under the Policy death or Surrender Value available as on the date of death, whichever is higher, provided the Policy is in In force status. We shall not be liable to pay any interest on this amount.