PNB Metlife Guaranteed Savings Plan
  • Get guaranteed Benefits & Yearly Bonuses on Your Savings
  • Rebates on High Sum Assured
  • 2 Add-on Riders Available
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Buy Policy in just 2 mins

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2 lakh + Happy Customers

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Customized Investment Plan for you.

Select Your Annual Income

15 Lacs+ P.A. 10-15 Lacs P.A. 7-10 Lacs P.A. 5-7 Lacs P.A. 3-5 Lacs P.A. Upto 3 Lacs P.A.

Age

PNB Metlife Guaranteed Savings Plan

PNB MetLife Guaranteed Savings Plan is an individual, non-participating, non-linked savings plus life insurance policy. By serving dual purposes of creating a savings corpus while also ensuring a life cover, the Guaranteed Savings Plan ensures that your family's monetary needs are looked after even in your absence.

PNB MetLife Guaranteed Savings Plan offers you a range of benefits including:

why-choose
  • Maturity Benefit
  • Death Benefit
  • Discounts on High Sums Assured
  • Loan Benefit
  • Additional riders

Eligibility Criteria for PNB Metlife Guaranteed Savings Plan

Your Occupation

Entry age

Minimum Age - 3 years Maximum Age - 60 years

Mukhyamantri Amrutam Yojana

Maturity age

Maximum Maturity Age - 80 years

Your Gender

Policy tenure

Minimum term - 10 years Maximum term - 20 years

Maternity Benefit Rider

Premium payment term

5,7,10 years

Dr YSR Aarogyasri Trust

Premium payment frequency

Annual, half-yearly, quarterly & monthly

Maternity Benefit Rider

Sum assured

Rs 1.5 lakh to Rs 4 lakh

How Does the PNB Metlife Guaranteed Plan Work?

Let's understand how the PNB Metlife Guaranteed Plan works with a simple premium illustration.

Why Buy Term Insurance Online?

Problem

Mrs. Verma is looking for an investment plan to create long-term wealth for his child.

Solution

His financial advisor advised him to buy the PNB Metlife Guaranteed Plan. He visited PolicyX.com

Let's understand how the PNB Metlife Guaranteed Plan works for him with a premium illustration table.

Age of policyholder Annual Premiums Policy tenure Sum Assured Maturity Benefits
35 years Rs 50,000 10 years Rs 5,50,000 Rs 9,91,000

Key Takeaways: At the end of the policy tenure the maturity benefits of Rs 9,91,000 are paid to the policyholder.

Features of PNB Metlife Guaranteed Savings Plan

Here are some features of PNB Metlife Guaranteed Savings Plan:

PNB Investment Plans

PNB MetLife Guaranteed Savings Plan is an individual, non-participating, non-linked savings plus life insurance policy. By serving dual purposes of cr...

Unique Features

  • Get guaranteed Benefits & Yearly Bonuses on Your Savings
  • Rebates on High Sum Assured
  • 2 Add-on Riders Available

PNB Metlife Guaranteed Savings Plan (Pros)

PNB Metlife Guaranteed Savings Plan

PNB Metlife Guaranteed Savings Plan (Cons)

PNB Metlife Guaranteed Savings Plan

PNB Metlife Guaranteed Savings Plan (Other Benefits)

PNB Metlife Guaranteed Savings Plan

PNB Metlife Guaranteed Savings Plan (Eligibility Criteria)

PNB Metlife Guaranteed Savings Plan
Tired of Pushy Sales? Get Insurance, Your Way Tired of Pushy Sales? Get Insurance, Your Way

Benefits of PNB Metlife Guaranteed Savings Plan

There are various benefits to buying the PNB Metlife Guaranteed Savings Plan. Let’s understand each of them in detail:

  • Death benefits: The nominee is liable to receive death benefit plus accrued returns on premiums paid in case of unfortunate demise of the Life Assured. The lump-sum capital can be used by the Life Assured family to pursue short-term and long-term goals. The death benefit is payable as 105% of total premiums paid or annualized premium*premium multiple (see eligibility criteria) or basic sum assured at inception, whichever is highest.
  • Maturity Benefit:The sum assured on surviving the policy term is calculated as a percentage of the basic sum assured, along with guaranteed additions on the cumulative premiums paid per year.
  • Discounts on High Sums Assured Policyholders are eligible to receive discounts on premiums if the sum assured is [i] Rs. 7 Lakhs and up in case of 5 Pay, [ii] Rs. 3.5 Lakhs and up in case of 7 Pay and [iii] Rs. 3 Lakhs and up in case of 10 Pay.
  • Loan Benefit: Policyholders are eligible to receive discounts on premiums if the sum assured is [i] Rs. 7 Lakhs and up in case of 5 Pay, [ii] Rs. 3.5 Lakhs and up in case of 7 Pay and [iii] Rs. 3 Lakhs and up in case of 10 Pay.

Documents Required to Buy PNB Metlife Guaranteed Plan

Here is the list of documents required to buy the PNB Metlife Guaranteed Plan:

Photo ID Proof

Photo ID Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.

How to Buy PNB Metlife Guaranteed Savings Plan?

You can buy the PNB Metlife Guaranteed Savings Plan official website or one of their nearest branch offices.

Life Insurance
  • Step 1

    Visit the official website of PolicyX.com.

  • Step 2

    Click on the ‘Investment’ tab.

  • Step 3

    A new page will appear on the screen.

  • Step 4

    Fill out the form at the top of the page with the necessary details.

  • Step 5

    Select your income and city. Click on 'Proceed'.

  • Step 6

    Update your education and occupation details.

  • Step 7

    Choose your preferred plan and click on 'Buy this plan'.

  • Step 8

    Select the policy term, premium period, investment amount, and riders (if required), and then proceed to pay.

Life Insurance
  • Step 1

    Visit the official website of PNB Metlife Insurance.

  • Step 2

    Hover over the 'Buy Insurance' from the top of the menu.

  • Step 3

    Click on the ' PNB MetLife Guaranteed Savings'.

  • Step 4

    Click on ‘Buy Now’ and you will be redirected to a new page.

  • Step 5

    Enter your name and contact information. One of their representatives will reach out to you and discuss the quotes.

  • Step 6

    Once discussed you can make the premium payment and get the policy documents.

Buying from their branch office

You can buy the PNB MetLife Guaranteed Savings Plan offline by visiting one of their nearest branch offices. One of their representatives will help you buy the plan.

Your Occupation

Exclusions of PNB MetLife Guaranteed Savings Plan

  • In case the policyholder commits suicide within 12 months of policy purchase then no death benefits are offered to their family members. Either 80% of the premiums paid to date or the surrender value acquired to date whichever is higher is paid.

Plan At a Glance

What’s Good Here What’s Missing
Loan Benefit Premium Offset
Additional Riders High sum assured rebate
Discounts on High Sums Assured Auto cover continuance
Maturity Benefit Top-up premium

In a nutshell

If you are looking for an investment plan that offers guaranteed returns for you and your family you must opt for PNB Metlife Guaranteed Savings Plan. This plan offers guaranteed benefits.

For more information about this plan, visit PolicyX.com or call 1800 - 420 - 0269. Our insurance experts listen to your unique needs and suggest the best possible solution.

Life Insurance Companies

Compare and buy the most suitable Life Insurance Plan from the below-mentioned IRDAI-approved Life Insurance companies.

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Himanshu Kumar

Written By: Naval Goel

Naval Goel is the Founder and CEO of PolicyX.com (IRDA- Approved Insurance Comparison Website). He is a CFA charter holder (USA) and FRM (GARP). He holds an MBA from IIFT, Delhi, and is also an Associate from the Insurance Institute of India. Naval is an avid investor and entrepreneur who has a deep understanding of the Indian equity market and insurance sector. He has been investing for more than 10 years now and is a CFA charter holder.