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Insurance Company
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PNB MetLife India Insurance Company Ltd
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Plan Name
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PNB MET Saral
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Plan Nature
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TRADITIONAL
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Plan Category
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Savings & Investment Plan
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UIN No.
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117N022V01
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About Plan
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Met Saral an endowment plan, gives you the chance to do exactly that. with no medical tests and a simple application form, you could be the proud owner of Rs 1 Lakh, giving you the protection you need to live a life wihtout worries.
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Minimum Entry Age
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15 Years
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Maximum Entry Age
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50 Years
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Maximum Maturity Age
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60 YEARS
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Benefits
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| Particulars | Description |
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Maturity Benefits
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On Maturity, of the policy the Sum Assured equal to Rs 1,00,000 is payable.
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Death Benefits
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In the event of death, the Sum Assured equal to Rs 1,00,000 is payable.
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Tax Benefits
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| Section | Description |
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SEC 80 C
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Under Section 80 C premiums up to Rs. 100,000 are allowed as deduction from taxable income.
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SEC 10 (10)D
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Maturity and Death Benefits are tax free under section 10 (10) D of the Income Tax Act, 1961.
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MetLife presents 'Met Saral' - a non- participating endowment plan. As the name suggests, it's a simple savings plan which gets you into the savings habit without any medical tests. All you need to do is fill in a simple application form and you are ensured a guaranteed maturity amount of Rs 1,00,000, even in the case of your death during the term. Take the first step towards a better financial future for yourself and your family. Ensure and insure the first Lakh.
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Accidental Death Benefit RiderCritical Illness RiderWaiver of Premium RiderTerm Rider
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In the event of death, the Sum Assured equal to Rs 1,00,000 is payable.
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On Maturity, of the policy the Sum Assured equal to Rs 1,00,000 is payable.
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1. A simple plan with no medical tests.2. Rs 1,00,000 guaranteed at maturity or in the event of death during the term.3. Tax benefits as applicable under Section 80C and 10(10D).
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11-Aug-09
11:59
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MetLife enters into health insurance biz
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25-Jun-09
11:51
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MetLife is keen on raising stake in its Indian venture to up to 49%
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12-Mar-09
10:26
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20 new offices IN northern region : MetLife
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20-Jan-09
12:50
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Private insurers see market share rise to 62%
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14-Jan-09
10:20
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MetLife opens 12 new offices in Kerala
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18-Dec-08
12:40
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Insurance spawns a spurt in jobs
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16-Dec-08
11:23
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Metlife may re-launch traditional products
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