PNB MetLife Unit Linked Employee Benefit Plan

PNB MetLife Unit Linked Employee Benefit Plan

In this Policy, the Investment Risk in investment portfolio is borne by the Policyholder
PNB MetLife Unit Linked Employee Benefit Plan is an employee insurance plan that offers comprehensive solutions for employers who wish to outsource administration and management of Leave Encashment and Gratuity liabilities in an effective and integrated manner. This group life insurance plan is administered similar to a cash accumulation scheme.

PNB MetLife Unit Linked Employee Benefit Plan in a nutshell
1. Choice among five funds
2. 4 free switches in a year
3. Tax* Benefits

What you get
Investment Opportunity

With a choice of 5 linked funds, you can get a shot at investing in some of the most prudent funds and build your savings.

Savings after Retirement

Start early to get a sizeable income even after you retire through the help of long-term investments.

Wealth Growth

Why let your money be idle? While you work for a better future, let your money work for you as well!

PNB MetLife Unit Linked Employee Benefit Plan ensures:
1. Choice of five linked funds
2. Provides switching facility between the two funds with the first 4 switches between funds in a policy year being free of any charge.
3. Facility to pay the gratuity contribution (both past service liability and current service cost) in installments
4. Tax* Benefits as applicable

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.