PNB MetLife

Century Plan
An Individual, Non-linked, Participating,
Savings, Life Insurance plan

INCOME TILL 100.

STARTING NOW.
LIFELONG
INCOME
TILL AGE 100 LEAVE A
LEGACY FOR
YOUR LOVED
ONES

Super
Income
Option
FLEXIBILITY TO
ACCUMULATE &
TAX WITHDRAW
BENEFIT* BENEFITS
PARTIALLY
OR FULLY

Key Benefits - Super Income Option

Cash Bonus Guaranteed Cash Choose maturity option: Protection for Option to Flexibility2 to
from 1st year Bonus @10%1 up to age 100 or your family accumulate your choose Date
during PPT up to age 80 Survival benefits of payout

*Tax benefits are as per Income Tax Act, 1961, & are subject to amendments made thereto from time to time. Please consult your tax consultant for more details. Good and Services Tax (GST)
shall be levied as per prevailing tax laws which are subject to change from time to time.
1
Minimum cash bonus is guaranteed @10% of Annualized premium throughout premium payment under Super Income Option for PPT 10 and above, @5% for PPT less than 10.
2
Policyholder cannot choose the date preceding the due date of the income payout.

Plan at a glance
Premium Family Care
Particulars Super Income Option
Payment Term Option
Maturity Option 1: 80 minus Age at entry;
Policy Term All With/Without
Maturity Option 2: 100 minus Age at entry
Without 5 to 10, 12, 15
Premium Payment Term (years)
With 5 to 10, 12, 15
Minimum Age at Entry # All Without 0 (30 days)
(years) All With 18
5 to 9** 55
Maximum Age at Entry# Without
10, 12, & 15 60
(years)
5 to 10, 12, & 15 With 50
Minimum Annualized 5 to 9** 60,000
With/Without
Premium (Rs.) 10, 12, & 15 24,000
#
All reference to age is as on age last birthday. For policies issued to minor lives the risk cover starts immediately at inception. Also, in case the life assured is a minor, the
policy will vest with the life assured when the life assured attains an age of 18 years.
**Premium Payment Term 5, 6, 7 & 9 years are not available with Future Income Option
 How does the plan work?

Santosh, aged 30 years, wishes to have a secondary income to support his family’s expenses as well as to build a retirement
corpus with some element of guarantee. He opts for “PNB MetLife Century Plan” and chooses “Super Income” option with
premium payment term of 12 years, policy term ‘up to age 100’ and chooses annual mode of income payout. His yearly
premium is Rs. 1,00,000 (exclusive of Goods and Service tax), assuming that he is in good health.

Sum assured on
Maturity Rs. 12,60,000

Cash bonus shall be payable every year till age 100

Terminal Bonus
Guaranteed cash bonus @10% p.a. (if declared) of
during PPT. Cash bonus payout of Rs. 26,400 Cash bonus of Rs. 52,300 @8% p.a. Rs. 2.25 Cr
@8% p.a. and Rs. 14,100 @4% p.a. and Rs. 20,900 @4% p.a. till age 100 @8% p.a.
Rs. 46.6 Lakh
@4% p.a.

Year 0 1 2 3 4 11 12 13 14 15 70 (age 100)

Total Benefit (Rs.)

@8% @4%
Santosh pays premium of
Rs. 1,00,000 p.a. for 12 years. 2,71,80,200 73,01,400

In case of unfortunate demise of Santosh in the 15th policy year, his nominee receives Rs. 12, 60,000.
Death Benefit is higher of (Rs.)
105% of Total Premiums paid 12,60,000
OR
Sum Assured on Death Plus 11,75,000
Interim Cash Bonus (if declared) 52,300 @8% 20,900 @4%

Terminal Bonus, if declared, will be payable along with Death Benefit. The above illustration has been determined using assumed investment returns at
4% and 8% respectively. Assumed rate of returns are not guaranteed and these are not the upper or lower limits.

TO KNOW MORE

www.pnbmetlife.com 1800-425-6969

@PNBMetLife @pnb_metlife @PNBMetLife1 @PNB MetLife India Insurance Co. Ltd @PNB MetLife

PNB MetLife India Insurance Company Limited, Registered office address: Unit No. 701, 702 & 703, 7th Floor, West Wing, Raheja Towers, 26/27 M G Road, Bangalore
-560001, Karnataka. IRDAI Registration number 117. CI No: U66010KA2001PLC028883. PNB MetLife Century Plan is an Individual, Non-linked, Participating, Savings, Life
Insurance plan Product (UIN: 117N129V01). Benefit option, chosen at inception, cannot be altered during the term. Please read the Sales brochure carefully before concluding
any sale. The detailed Terms and Conditions are contained in the Policy Document. Tax benefits are as per the Income Tax Act, 1961, & are subject to amendments made
thereto from time to time. Please consult your tax consultant for more details. Goods and Services Tax (GST) shall be levied as per prevailing tax laws which are subject to
change from time to time. The marks “PNB” and “MetLife” are registered trademarks of Punjab National Bank and Metropolitan Life Insurance Company, respectively. PNB
MetLife India Insurance Company Limited is a licensed user of these marks. Call us Toll-free at 1-800-425-6969. Phone: 080-66006969, Website: www.pnbmetlife.com, Email:
indiaservice@pnbmetlife.co.in or Write to us: 1st Floor, Techniplex -1, Techniplex Complex, Opp Veer Savarkar Flyover, Goregaon (West), Mumbai – 400062, Maharashtra.
Phone: +91-22-41790000, Fax: +91-22-41790203. AD-F/2020-21/713.

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS /FRAUDULENT OFFERS!

IRDAI is not involved in activities like selling policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.