Guaranteed Goal Plan by PNB MetLife is a savings-oriented life insurance plan with complete guaranteed returns and allows customers to save as per their requirement.
PNB MetLife has launched its PNB MetLife Guaranteed Goal Plan. It is a savings-oriented life insurance plan with complete guaranteed returns and allows customers to save as per their requirement. This plan has been specially designed keeping in mind the needs of the customers. PNB MetLife Guaranteed Goal Plan allows the customers to tailor the plan according to the individual needs. In this, the customer has the facility to choose the premium paying term from single premium to 12 years. Also, customers can opt for a guaranteed lump sum payout on maturity or an option that offers guaranteed income after the completion of the premium payment term and a lump sum payment on maturity.
This new offering comes with a built-in life insurance cover till maturity. It also offers premium waiver on treatment of death or critical illness and the option of accidental death and critical illness coverage. Commenting on the launch, Ashish Kumar Srivastava, MD & CEO, PNB MetLife said, “The perception of customers about insurance has changed in the present times. They now understand their different needs properly. With the introduction of this plan, we aim to provide our customers with an easy-to-use solution wherein the customers will get savings as well as protection.”
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Features of this plan
- In this, customers get guaranteed benefits along with tax benefits. This plan offers flexibility in payout options. Also, it includes life insurance for the entire policy term.
- lump sum optionUnder this, guaranteed maturity benefit is available on the maturity date.
- Income + Lumpsum OptionGuaranteed Survival Benefit will be payable every year on the maturity date after completion of premium payment term along with Guaranteed Maturity Benefit.
- Pay as per your choice: One can choose to pay for 5, 7, 10 or 12 years in any of the plan options or opt for single premium with lump sum option and joint life available under single premium payment option only.
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will get additional benefits
- Additional 5% of the total annual premium paid so far every year during the premium payment term will be available.
- An increase of 3.2% to 9% of the total annual premium paid so far will be available every year after premium payment term 1.
- Higher benefits will be available for higher premium payment.
- protection: Protection against uncertainties – Life insurance will be available for the entire policy term. Along with this, there will be a waiver of premium on the treatment of death or critical illness along with family care and health care options. There will also be an option to enhance your protection through Accidental Death and Critical Illness Rider coverage.
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