PNB MetLife Century Plan

PNB MetLife Century Plan (UIN 117N129V03) is an individual, non-linked, participating savings life insurance plan. It combines life insurance protection with income benefits and a maturity payout under the selected option. The three income options are Super Income, Smart Income, and Future Income. Eligible maturity options allow coverage and income structures up to age 80 or age 100. Depending on the chosen option and policy terms, benefits may include cash bonuses, survival benefits, and return of premiums at maturity. Bonuses and any terminal bonus are subject to the applicable product terms and insurer declarations.

Century Plan may suit people looking to combine life cover with a structured long-term income stream. Super Income, Smart Income, and Future Income have different payout structures, so the choice should be based on the intended income start, payment frequency, and maturity preference. Family Care Benefit may allow future premiums to be waived after the life assured's death while eligible survival benefits continue, subject to policy terms. The plan is participating, and bonus amounts other than explicitly guaranteed benefits should not be treated as assured. Minimum annualised premium is ₹24,000 for eligible 10-, 12-, and 15-year premium payment terms, and ₹60,000 for 5- to 9-year terms. Check the current brochure and personalised benefit illustration before purchasing.