MetLife Smart Child
A smart plan that helps you plan well in advance for your child’s future needs. Our specially designed child plans are designed to take care of your child’s ever changing requirements from rising educational costs to financial planning, extracurricular needs or even wedding.
- MetLife Smart Child ensures
- PNB MetLife takes care of the premiums for the policy in case of unfortunate demise of the parent.
- Offers reasonable investment with annual premium starting from Rs.18,000 p.a.
- Offers Systematic Transfer option to help you get the best of equity markets
- Makes room for Liquidity with Partial Withdrawals and offers 4 free switches to manage your funds
- *Tax Benefits as applicable.
|Minimum/Maximum Age at entry (LBD)* for Life Insured
|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
Till age 35 : 2 lakh
36-45 age: 1.25 lakh
Age 46+ : 1 lakh
||10, 15 & 20 years
||10 times the chosen Annualised Premium only
|Premium Payment Modes
||Annual, Semi Annual, Quarterly, monthly and PSP (Payroll Savings Program)