Do you want to give a better life for your children? Do you want to apply for child Insurance Plan? Here we are with you for providing information regarding PNB MetLife Child Plans. Check the details completely before you buy the Plan. There are various types of PNB MetLife India Child Plans. Follow us for more details.
PNB MetLife Child Plans
PNB MetLife Child Plans is one of the best life insurance plans for the customers. These Child Insurance Plans can provide a safe and secure life for your kids. People who give priority for their children future can buy this policy. The Punjab National Bank MetLife India Insurance company has introduced this plan to fulfil your kid’s dreams, even if you have any uncertainty in your income also. The PNB MetLife India Insurance Headquarters located at New Delhi. By taking this Insurance Plan, you can get a Secured Financial Future for you and your family by saving Money.
The PNB MetLife Child Plans provides different types of Insurance policies. These policies like Rural and wealth plans financially support the customer in various ways. First of all, Customer has to check eligibility to buy Child Plan Insurance. The complete details regarding the Punjab National Bank MetLife India Insurance given below.
Punjab National Bank MetLife India Child Insurance Plans
PNB MetLife Child Plans provides different types of Policies for the customers. Particularly 06 types of Insurance plans offered by the company. Here we have provided the list of Plans. So follow the given section to get complete information.
- Money Back Plan.
- Bhavishya Plus.
- Smart Platinum.
- Easy Super.
- College Plan.
- Smart Child.
PNB MetLife Money Back Plan
The PNB MetLife Money Back Plan is the new savings plan. UIN 117N081V02 is the unique Identification Number for this Plan. MetLife Money Back plan provides significant benefits for you like Death Benefit, Maturity Benefit, and Survival Benefit. In this scheme, Policyholder will receive guaranteed payout back at regular intervals with protection from unforeseen events. The customer can get 10% of base Sum Assured from 5th to 9th policy year. Policy Holder can get Return 110% of Base Sum Assured amount over the lifetime of the policy term. Customer Receive full death benefits regardless of paid survival benefits. You can get the Tax Benefit under u/s 80C and 10(10D), as per the applicable Income Tax laws. Further more details regarding this Policy, click on the MetLife Money Back Policy Brochure provided here.
Eligibility Conditions for PNB MetLife Money Back Plan
The eligibility to buy this PNB MetLife India Child Plan Insurence Policy is given below. The Customer can check this details and buy for getting benefits of PNB MetLife Money Back Insurence Plan.
| Particulars | Boundary Conditions |
| Premium Payment Term | Regular |
| Min. Age at entry* | 13 Years |
| Max. Age at entry* | 55 Years |
| Max. age at maturity* | 65 Years |
| Policy Term | 10 Years only |
| Min Sum Assured | Rs. 250,000 |
| Max Sum Assured | Rs. 5 Crore |
PNB MetLife Bhavishya Plus Plan
PNB MetLife Bhavishya Plus Plan provides premium benefit to address your family needs. The Policyholder will receive a triple benefit of protection, money back and guaranteed savings for your loved ones. UIN 117N089V02 is the unique Identification Number for this Plan. The customer will receive guaranteed funds for your family’s long term needs. In the case of any unfortunate eventuality also the Death Benefits are paid, and policy continues. This plan also offers tax benefits on the premiums paid and on the benefits received as per Income Tax Act, 1961. For more details regarding this Policy, click on the MetLife Bhavishya Plus Plan Brochure provided here.
Eligibility Conditions for PNB MetLife Bhavishya Plus Plan
Check the eligibility to buy PNB MetLife Child Plans here.
| Particulars | Boundary Conditions |
| Minimum ages at entry* | 20 years |
| Maximum ages at entry* | 45 years |
| Max. age at maturity* | 69 years |
| Minimum Premium | Yearly : 8,000 p.a Half Yearly : 10,000 p.a Monthly : 15,000 p.a |
| Maximum premium | Rs 17,999 p.a |
| Premium Payment Term | Regular |
| Minimum Policy Term# | 12 years |
| Maximum Policy Term# | 24 years |
| Minimum Sum Assured | Rs. 92,320 (Based on lowest Sum Assured multiple allowed under the plan) |
| Maximum Sum Assured | Rs. 500,000 |
PNB MetLife Smart Platinum Plan
MetLife Smart Platinum Plan is a unit-linked investment plan. It gives you the flexibility to build your investment portfolio through six different funds. This plan will provide insurance coverage up to 99 years old with a 5-year premium. Help manage investment risk with an auto-rebalancing option. MetLife Smart Platinum Policy also Provides liquidity with partial withdrawal of policy after the fifth year. UIN 117N063VO2 is the unique Identification Number for this MetLife Smart Platinum Plan. For more details regarding this Policy, click on the MetLife Smart Platinum Policy Brochure provided here.
Eligibility Conditions for PNB MetLife Smart Platinum Plan
The eligibility to buy this PNB MetLife India Child Plan Insurence Policy is given below. The Customer can check this details and buy for getting benefits of PNB MetLife Smart Platinum Insurence Plan.
| Particulars | Boundary Conditions |
| Minimum Age at Entry(LBD) | 7 years |
| Maximum Age at Entry(LBD) | 70 years |
| Premium Payment Term (years) | 5 pay/ 10pay/ entire term of the policy |
| Minimum Annualized Premium (in Rupees) | Rs 30,000 for Annual mode Rs 60,000 for other modes |
| Minimum and Maximum multiple for Base Sum Assured | Minimum and Maximum Sum Assured multiple tables |
| Premium Payment Modes | Annual, Semi-Annual, Monthly, Quarterly |
PNB MetLife Easy Super Plan
MetLife Easy Super Plan is a unit-linked investment plan. It gives you the flexibility to build your investment portfolio through six different funds. The Policy Holder can choose to actively manage your portfolio of funds or opt for an auto-rebalancing strategy to capitalise on market opportunities. In this Plan, the Investment Risk in the investment portfolio is borne by the Policyholder. The Reasonable annual premium that starts from Rs. 12, 000 per annum. Help manage investment risk with an auto-rebalancing option. This plan provides liquidity with partial withdrawal of policy after the fifth year. Tax Benefits are applicable as per Income Tax Act. For more details regarding this Policy, click on the MetLife Easy Super Policy Brochure provided here.
Eligibility Conditions for PNB MetLife Easy Super Plan
Check the eligibility to buy PNB MetLife Child Plans here.
| Boundary Conditions | Eligibility Criteria |
| Minimum Age at entry* | 18 years |
| Maximum Age at entry* | 60 years for 15 policy term & 55 years for 20-year policy term |
| Premium Payment term (years) | Entire term of the policy |
| Minimum Annualized Premium | Rs. 12,000 p.a. |
| Maximum Annualized Premium | Rs.120,000 p.a. |
| Policy Term | 15 years and 20 years |
| Sum Assured | 10 times the chosen Annualised Premium |
| Premium Payment modes | Annual |
PNB MetLife College Plan
MetLife Smart Platinum Plan is a savings plan. This Plan offers regular cash payouts, bonuses during your child’s growing years and ensures that your child’s education expenses are covered. In the event of death, the assured sum, all bonuses will be paid and outstanding premiums for the policy will be waived. This Plan cover your child’s education expenses. MetLife Smart Platinum Plan provide financial security for your child with Triple Benefits. This also provides tax benefits on the premiums you pay and the benefits received. UIN 117N087VO2 is the unique Identification Number for this MetLife College Plan. For more details regarding PNB MetLife Child Plans, click on the MetLife College policy brochure provided here.
Eligibility Conditions for PNB MetLife College Plan
The eligibility to buy this PNB MetLife India Child Plan Insurence Policy is given below. The Customer can check this details and buy for getting benefits of PNB MetLife College Insurence Plan.
| Particulars | Boundary Conditions |
| Person Insured | Father/ mother/ legal guardian of the child |
| Ages at entry* | 20 – 45 years |
| Max. age at maturity* | 69 years |
| Minimum Premium | Annual Mode : Rs.18,000, Non-Annual Mode: Rs.30,000 |
| Maximum Premium | Rs. 42,44,482 |
| Premium Payment Term | Regular |
| Minimum Policy Term# | 12 – 24 years |
| Minimum Sum Assured | Rs. 2,12,040 |
| Maximum Sum Assured | Rs. 5 Crores |
PNB MetLife Smart Child
MetLife Smart Child Plan that helps you well in advance for your child’s future needs. This Specially designed child plans to take care of your child’s ever changing requirements from rising educational costs to financial planning, extracurricular needs or even wedding. In this PNB MetLife Smart Child policy investment risk in the investment portfolio is borne by the policyholder. The PNB MetLife takes care of the premiums for the policy in case of unfortunate demise of the parent. This Policy offers reasonable investment with annual premium starting from Rs. 18,000 per annum. This plan also offers Systematic Transfer option to help you get the best of equity markets. The MetLife Smart Child Plan Makes room for Liquidity with Partial Withdrawals and offers 4 free switches to manage your funds. The Tax Benefits applicable as per the Income Tax Act.
UIN 117L07VO2 is the unique Identification Number for this MetLife College Plan. For more details regarding this Policy, click on the MetLife College policy brochure provided here.
Eligibility Conditions for PNB MetLife Smart Child Plan
Check the eligibility to buy this PNB MetLife India Child Plan Insurence Policy
| Particulars | Boundary Conditions |
| Minimum/Maximum Age at entry (LBD)* for Life Insured | 18/55 years |
| Minimum /Maximum Age at entry (LBD)* for beneficiary | 90 days/17 years |
| Premium Payment Term (years) | Same as Policy Term |
| Minimum Annualised Premium | Rs. 18,000 p.a. |
| Maximum Annualised Premium | Tillage 35: 2 lakh 36-45 age: 1.25 lakh Age 46+ : 1 lakh |
| Policy Term | 10, 15 & 20 years |
| Sum Assured | 10 times the chosen Annualised Premium only |
| Premium Payment Modes | Annual, Semi-Annual, Quarterly, monthly and PSP (Payroll Savings Program) |