PNB MetLife Capital Guarantee Solution

Eligibility Criteria for PNB MetLife Capital Guarantee Solutions

Features of the PNB MetLife Capital Guarantee Solutions

Here are the key features of the plan:

• Guaranteed benefits: Through PNB MetLife Guaranteed Goal Plan (UIN: 117N131V06), the plan provides guaranteed maturity or income payouts depending on the selected option.
• Flexible payout options: Policyholders can receive benefits as a lump sum, regular income, or income with booster payouts under PNB MetLife Guaranteed Goal Plan (UIN: 117N131V06).
• Guaranteed additions: These additions accrue during the premium payment term under PNB MetLife Guaranteed Goal Plan (UIN: 117N131V06) and increase the maturity corpus.
• Wealth additions: Additional benefits accrue after the premium payment term for certain payout options under PNB MetLife Guaranteed Goal Plan (UIN: 117N131V06).
• Life cover throughout the policy term: Financial protection is available during the entire policy duration across both component plans (PNB MetLife Smart Goal Ensuring Multiplier, UIN: 117L139V05 and PNB MetLife Guaranteed Goal Plan, UIN: 117N131V06). With PNB MetLife Investment Plans, policyholders can plan for milestones such as retirement, children’s education, or wealth creation.
• Customisation of payout date: Income payouts from PNB MetLife Guaranteed Goal Plan (UIN: 117N131V06) can be aligned with specific dates, such as birthdays or anniversaries.

Benefits Of PNB MetLife Insurance Capital Guarantee Solutions

Below are the benefits available under PNB MetLife Life Insurance Capital Guarantee Plus Plan:

1. Maturity Benefit

   If the life assured survives the policy term, the maturity benefit depends on the chosen option across the component plans. Under the endowment option of PNB MetLife Guaranteed Goal Plan (UIN: 117N131V06), the policyholder receives the total premiums paid along with accrued guaranteed additions and wealth additions at maturity. Additionally, from PNB MetLife Smart Goal Ensuring Multiplier (UIN: 117L139V05), the policyholder receives the total accumulated fund value (including top-ups).

2. Survival Benefit

   In the case of income-based options under PNB MetLife Guaranteed Goal Plan (UIN: 117N131V06), the payment of guaranteed income commences upon payment of premiums, and this can be seen throughout the lifetime of the income payment.

3. Death Benefit

   In case of the death of the life assured during the term of the policy, the nominee will get the combined death benefit from both component plans (PNB MetLife Smart Goal Ensuring Multiplier, UIN: 117L139V05 and PNB MetLife Guaranteed Goal Plan, UIN: 117N131V06). The sum to be paid is the greater of:

   • Basic Sum Assured
   • The multiplier of the annualized premium times the death benefit multiple.
   • 105% of total premiums paid

   The policy terminates after the payment of the total death benefit.

Policy Details of PNB MetLife Capital Guarantee Solutions

1. Grace Period

   The grace period allows policyholders extra time to pay premiums without losing coverage.

   • Monthly Mode: 15 days
   • Other Modes: 30 days

   During this period, the policy remains active, and risk coverage continues.

2. Revival

   If the policy lapses due to non-payment of premiums, it can be revived within the specified revival period by paying overdue premiums along with applicable interest.

3. Free Look Period

   Policyholders can cancel the policy within the free look period if they disagree with the policy terms. The premium paid will be refunded after applicable deductions.

4. Surrender

   The policy acquires surrender value after the required premiums are paid. The payable amount will be the higher of the guaranteed surrender value or the special surrender value.

5. Fund Switching

   This plan is non-linked, so fund switching is not applicable. Financial planners often recommend reviewing the best investment plans in 2026 to prepare for goals such as retirement, education, and wealth creation.

6. Loan

   Policyholders may avail themselves of loans against the policy according to the terms specified in the policy document.