PNB MetLife Smart Platinum Plus

PNB MetLife Smart Platinum Plus

In this policy, the investment risk in investment portfolio is borne by the policyholder.

Presenting PNB MetLife Smart Platinum Plus - a whole life protection and savings-oriented insurance plan which offers a life insurance cover to protect your family in case of your unfortunate demise while also providing you with tailor-made solutions to achieve your goals. With this plan, wealth creation doesn't have to take a back seat even during critical illness.



PNB MetLife Smart Platinum Plus in a nutshell
1. Whole Life Cover
2. Return of Fund Management Charge at the end of the 6th year#
3. Fund Booster at the end of the 10th year
4. Waiver of Premium under Care Benefit

With PNB MetLife Smart Platinum Plus:
1. Choose from 2 Plan Options - Wealth Option: Whole Life Cover
Wealth + Care Option: Additional health protection through Waiver of premium on diagnosis of any one of the 5 Listed Critical Illness.

2. Total FMC charges deducted till the end of the 5th policy year will be added back to the fund value at the end of the 6th policy year.

3. Get a Fund Booster to enhance your Fund Value at the end of the 10th policy year.

4. Get a choice of 11 Unit Linked Funds.

5. Choose between a Whole Life Cover till the age of 80 years OR 99 years.

6. Choose to pay premiums once under Single Pay Option or throughout the policy term or for a limited period up to age 80.

7. You may be eligible to avail tax benefits on premiums paid and benefits received, as per prevailing tax laws

What you don't get
Suicide Exclusions
In case of death of the Life Assured, due to suicide within 12 months from the Date of Commencement of Risk, or from the date of Revival of the Policy, as applicable, Our liability to make payment under the Policy shall be limited to refunding the Fund Value as on date of intimation of Life Assured's death. Any charges other than the Fund Management Charges (FMC) recovered subsequent to the date of death shall be added back to the Fund value as available on the date of intimation of death.

Waiting period for Wealth + Care option

For 'Wealth + Care' option there will be a waiting period of 90 days from Date of Commencement of Risk or the date of the last Revival of the Policy, whichever is later - for the Care Benefit to be applicable. If a claim occurs for the Care Benefit under 'Wealth + Care' option during waiting period, no benefit shall be payable, i.e. future due premiums shall not be waived off. the Care Benefit cover will terminate and no future Morbidity Charges would be deducted from the fund.

Exclusions of Critical Illness

No waiver of premium benefit will be payable if the Critical Illness is caused or aggravated directly or indirectly by any of the mentioned acts in Term & Conditions of the life insured unless those are beyond his / her control.