PNB MetLife Immediate Annuity Plan

PNB MetLife Immediate Annuity Plan

To lead a comfortable life post-retirement, you require financial security through regular income and therefore you need to invest in a good retirement plan. With PNB MetLife Immediate Annuity Plan, customize your retirement plan the way you want & get a guaranteed income for the rest of your life. Calculate Annuity.

PNB MetLife Immediate Annuity Plan in a nutshell
1. Financial security through regular income
2. Cover for spouse
3. Create legacy creation with return of premium

What you get
Life Cover

Protect your loved ones in case of unfortunate incidents and uncertainties with a life cover that can offset financial burdens.

Annuity Benefits

Receive a steady increasing income even after retirement to keep rising expenses at bay.

PNB MetLife Immediate Annuity Plan, allows you to:
1. Pay only once to ensure guaranteed income for your lifetime
2. Secure lifetime income for your spouse, even if you are not around
3. Leave a legacy for your family through return on invested capital, on your demise
4. Receive increasing income to take care of rising expense
5. Protect your family through NPS-Family Pension Option (Exclusively for Pension System Subscribers)

What you don't get

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.