GEM_Brochure

IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER.
The unit linked insurance products do not offer

any liquidity during the first five years of the contract. The policyholder will not be able to surrender/withdraw the monies invested in unit linked insurance
products completely or partially till the end of the fifth year
of a plan to make your

family’s dream come true.
Goal Ensuring Multiplier

An Individual, Unit-Linked, Non-Participating, Life Insurance Plan
UIN: 117L133V04
KEY FEATURES
Return of Fund Management!,
Premium Allocation$ & Mortality
Charges%
Choose from 16
Diverse Funds
Exclusive
Smart Child Option
Flexible Premium
Payment
Tax Benefits under Section

80C & Section 10(10D)**
Waiver of Premium on
Death or Critical Illness##
Planning for future is one of the most important aspects of your life. You dream of building your
dream house, driving a luxury car, securing your family’s future, making worry-free retirement
plans, and much more. PNB MetLife instills in our customers a confidence to dream bold, and
offer need based solutions for child education, retirement, family protection and long term wealth
creation.
Presenting PNB MetLife Goal Ensuring Multiplier (GEM), a solution that provides you with life
insurance cover and helps you to invest systematically thereby creating long-term wealth to fulfill
your dreams. You can grow your investment with our diverse portfolio of funds that have been
consistently performing over the last two decades. This solution also provides a life insurance
cover and an option of waiver of premium in case of critical illness. Not only that, but your loyalty
is also rewarded with return of charges throughout the policy term. It is time to dream big and
invest for a tension-free, secured future. With the option of buying this policy online as well,
securing your future is absolutely stress free.
Karo Bade Sapnon Ki Tayyari.
UNIQUE VALUE PROPOSITION OF

PNB METLIFE GEM
• Flexibility of following plan options offering wide spectrum of benefits. Choose
the one that best suits your needs
Sr PLAN OPTION SCOPE OF BENEFITS
1 Wealth A simple wealth creation tool with life cover
A wealth creation tool with life cover that also provides health
2 Wealth + Care cover/financial protection from 5 listed Critical Illnesses
3 Goal Assured Achieve your goals even if you are not there to see them live
Make certain your family does not need to make any sacrifices,
4 Income Assured
even if you are not there
5 Smart Child Option Ensure your child’s dreams with our specially curated Smart Child
Option
1
• Flexibility of premium payment as per your convenience:
o Choose to pay for a limited period of 5,7 & 10 years OR throughout the policy term
o If You have selected Wealth Option you can also choose to pay premiums only once
Option to reduce your premium paying term after the premium is paid for the first five years
• Choice of 16 Funds that suit your risk profile:
o Select from the recently launched Bharat Consumption Fund (Since November 2024), which
invests in the companies engaged in domestic consumption theme.
o Choice to invest in Small Cap Fund, which invests in small businesses with significant growth
potential in an effort to create wealth.
o Choose from funds rated 5 Star by renowned rating agency Morningstar - Virtue II, Balanced
Opportunities fund and Midcap.
o Choose to invest in ESG theme through Sustainable Equity Fund that encapsulates and focusses
investing in equity of Environmental, Social and Governance oriented industries/companies.
o Choice of India Opportunities Fund, which seeks to generate wealth by investing in companies
that focus on Digitization, Atmanirbhar Bharat and Resurgence in manufacturing propelled by
Make-in-India initiatives.
• Select your preferred fund management strategy:

o Self- managed strategy: Since you know the market best, we provide you the ultimate flexibility
to manage your money the way you want with unlimited FREE premium redirection &
unlimited FREE switches.
o Systematic transfer strategy: Leave the worry of timing the market and benefit from Rupee Cost
Averaging. Automatically transfer your funds from debt to equities in regular monthly
installments. This option helps mitigate any risk arising from market volatility and averages out
the risks associated with the equity market.
o Life-stage strategy: You wish to gain from equity market growth at the same time concerned
about market volatility. Personalize your portfolio to create an ideal balance between equity and
debt, based on your age. This helps you to ride on the equity market gains at the same time
move away from riskier investments to safer horizons as you approach policy maturity.
• And we help enhance your fund value with:
o Return of the Fund Management Charges (ROFMC) at the end of the 10th policy year.1
o Return of the Premium Allocation Charges (ROPAC) –We give you back in equal installments at
the end of 10th, 15th & 20th policy year a total of up-to 150%2 of Premium Allocation Charges2.
o Fund Boosters to enhance your investments at the end of 10th 15th, 20th, 25th & 30th policy year3.
o Return of the Mortality Charges (ROMC) – Get 25% to 100% of the total mortality charges
returned to you at maturity (based on the plan option and the policy term chosen by you)4 .
o High Premium Booster –Get additional 0.5% to 1% of fund value at maturity (based on policy
term chosen by you)5 for annualized premium of Rs 5,00,000 and above.
1
ROFMC for Single pay & 5 Pay would be for FMC deducted for first 5 years and for 7 pay & above would be for FMC deducted for first 7 years.
2
ROPAC benefit expressed as percentage of Premium Allocation charges deducted in the policy. Total of 150% for policies with term greater than or equal
to 20 years (paid equally at end of 10th, 15th and 20th policy year), 100% for policy term 15-19 years (paid equally at the end of 10th and 15th year) and 50%
for policy term 10-14 years (at the end of 10th year).
3
Single Pay policies will get 2.4% fund booster at the end of the policy year and other than single pay policies will get 1% fund booster at the end of the
policy year. The fund booster at the end of the 10th year is not applicable for other than single pay policies.
4
ROMC is expressed as % age of mortality charges deducted in the policy (net of any taxes). ROMC not available for Single Pay.
5
High Premium Booster is expressed as percentage of average daily fund values of respective fund during the last policy year.
You may be eligible to avail Tax benefits on premiums paid and benefits received, as per prevailing tax laws.
2
WHAT ARE THE INSURED BENEFITS IN
PNB METLIFE GEM?
DEATH BENEFIT
On a valid death claim for an in-force policy where all due premiums have been paid, the benefit
payable on the death of the Life Assured shall be:
Highest of the following amounts:

• The Fund Value as on the date of intimation of death.
• The Sum Assured after deducting any Partial Withdrawals and/or payouts under Smart
Withdrawal Facility (SWF) made during the two-year period immediately preceding the
date of death.
• 105% of the total Premiums received up to the date of death.
In the Goal Assured & Income Assured options, the fund value shall not be considered for death benefit
Plus, the highest of the following amounts

• Top Up Fund Value as on the date of intimation of death
• Top Up Sum Assured
• 105% of the total Top up premiums paid up to the date of death
Partial withdrawals from the Top-up fund shall not be deducted for the purpose of determining
the death benefit
Where Sum Assured is defined as Single Pay/Annualized Premium * Sum Assured Multiple
chosen at inception and Top Up Sum Assured is Top Up Premium * 1.25
Total Premiums Paid / Total premiums received means total of all the premiums received under
the base product, including top-ups premium paid, if any.
WAIVER OF PREMIUM ON DEATH

In case of death within the Premium Paying Term for a In Force Policy, any future Installment
Premiums that would otherwise have been payable under the Policy shall be waived.
This Benefit is applicable as follows

• On the Life Assured for the Goal Assured & Income Assured options
• On the Life of the Proposer for the Smart Child Option
WAIVER OF PREMIUM ON CRITICAL ILLNESS
In case of diagnosis of any one of the following five Critical Illnesses
• Cancer of Specified Severity
• First Heart Attack – of specified severity
• Open Chest CABG
• Kidney Failure Requiring Regular Dialysis
• Stroke resulting in Permanent Symptoms
3
Any future Installment Premiums that would otherwise have been payable under the Policy shall
be waived. This benefit is payable only if the diagnosis of the Critical Illness occurs after the
Waiting Period and within the Premium Paying Term of a In Force policy.
The waiting period is 90 days from the Date of Commencement of Risk or the date of the last
Revival of the Policy, whichever is later. Additionally, the Life Assured must survive for a
minimum period of 30 days to be eligible for waiver of premium under this benefit.
The details of these Critical Illnesses & the Exclusions are detailed in Annexure -A of the
document below
This benefit applies to the Life Assured for the Wealth + Care Option.
MATURITY BENEFIT
The Maturity Benefit is the amount payable to the Policyholder or the Nominee(s) on maturity
of this policy at expiry of the Policy Term. The Maturity Benefit is equal to the Total Fund Value
(including top-up fund value) in the Unit Account determined using the Net Asset Value on the
Maturity Date.
ELIGIBILITY CRITERIA
OPTIONS/ SMART WEALTH + GOAL INCOME
WEALTH
PARAMETERS CHILD CARE ASSURED ASSURED
LA - 0 (30 Days)
Minimum Entry
0 (30 Days) Policyholder/ 18
Age (Yrs.)
Proposer – 18
Maximum Entry Single Life: 60

LA - 25 60 45
Age (Yrs.) Joint Life: 55 (Both lives)
Single Life:
Minimum Policy Other than Whole Life: 10
10
Term (Yrs.) Whole Life: 39
Joint Life: 10
Single Life:
Maximum Policy Other than Whole Life: 30
25 20
Term (Yrs.) Whole Life: 99
Joint Life: 10
Single Life:
Maximum LA: 50
Other than Whole Life: 90
Maturity Age Proposer: 85 85 70 65
Whole Life: 99
(Yrs.)
Joint Life: 65
Single Life:
Other than Whole Life: Single
Premium
Pay, Regular Pay, 5 Pay, 7 Pay, 10 Pay Regular Pay, 5 Pay, 7 Pay, 10 Pay
Paying Term
Whole Life: Regular Pay, 7 Pay, 10 Pay
Joint Life: Single Pay
Single Pay: Rs 20,000/-

Minimum Premium
Minimum Annualized Premium: Rs 18,000/-
Maximum Premium No Limit (subject to Board Approved Underwriting Policy)
1. For the Joint Life coverage, the entry age for any one of the lives should be at least 18 years.
2. For the Wealth + Care option, maximum Premium Paying Term will be subject to age of life assured not exceeding 75 years at the end of premium
paying term.
3. For policies issued to minor lives under Wealth (Single Life) and Smart Child options, the minimum policy term would be subject to the life assured
being at least 18 years at the time of maturity of the policy.
4. LA denotes Life Assured
4
PNB METLIFE GEM – WEALTH PLAN
Benefits offered
This option provides you a life insurance cover and also helps you build a corpus to fund your
dreams. You have the flexibility to decide your investment horizon ranging from 10 to 30 years
or for whole of life (99years of age).
You may choose to pay premiums as per your convenience (Once / Limited period of 5,7 or 10
years/ Regularly throughout the policy term). The premiums you pay are invested net of any
premium allocation charges in the funds of your choice and as per your risk appetite.
Policy pays death benefit in the unfortunate event of Life Assured’s death during the policy
term. The accumulated fund value is paid to you at the maturity of the policy.
Joint life coverage

This option offers you a unique Joint Life coverage if you choose to pay premiums only once
(Single premium). You may choose to cover your spouse, child or grand-child as the joint life
with minimal additional mortality charges and also avail tax benefits as per prevailing income
tax rules.
In this option, the Life Cover is as follows
• First Death: 1.25 * Single Premium or Fund Value whichever is higher
• Second Death or Simultaneous death of two lives: 10* Single Premium or Fund Value
whichever is higher
In the event of the first death (of any of the joint lives covered):
• if the policy fund value is less than 125% of the Single Premium paid, the fund value in the
policy will be set to 125% of Single Premium
• if the policy fund value is greater than or equal to 125% of the Single Premium paid, no
change in the fund value
The surviving life assured will have an option to either:
1. Fully withdraw this amount and continue the policy, OR
2. Not withdraw any amount and continue the policy
If the surviving life opts for Option 1, then a lump sum mortality charge (calculated as present
value of the future mortality charges discounted at 5%) shall be deducted from the fund value
towards future mortality cover to be provided to the surviving life before paying out the
withdrawal amount. Restrictions of first 5 years on withdrawal shall not apply in this case. No
maturity benefit is payable once this option is exercised.
If the surviving life opts for Option 2, the policy shall continue with 10X life cover.
On Maturity the Fund Value shall be payable to the surviving Life Assured(s).
5
Benefit Illustration (Singe Life)
Rohan is 40 years old and wants a corpus built for his retirement. He wishes to invest in a plan
that would help him with the same. He chooses PNB MetLife GEM Wealth plan with Balancer II
Fund and opts to pay a regular premium for 20 years.
STEP 1 STEP 2 STEP 3 STEP 4

Annual Premium Rs. 1,00,000/-
Plan Option Policy Term PPT Regular
Sum Assured Rs. 10,00,000/-
Wealth 20 Years Pay
Maturity value
Life cover throughout the policy term 4% - Rs. 26,60,846/-
8% - Rs. 41,25,926/-
Premium payment of Rs. 1,00,000/- for 20 years
Year 0 Year 10 Year 15 Year 20
Death Benefit of Minimum Rs. 10,00,000/- across the Policy Term
ROPAC Rs. 21,500/- ROPAC Rs. 21,500/- ROPAC Rs. 21,500/-
ROFMC Fund Booster Fund Booster

@8% Rs. 34,127/- @8% Rs. 24,065/- @8% Rs. 39,405/-
@4% Rs. 30,835/- @4% Rs. 17,660/- @4% Rs. 25,725/-
ROMC
@8% Rs. 10,091/-
@4% Rs. 11,845/-
6
Benefit Illustration (Joint Life)
Rohan, then wishes to invest in a plan that would secure his wife Rashmi who is 35 years old.
He chooses the Wealth (Joint Life) option Balancer II Fund.

Premium Rs. 2,50,000/-
Plan Option Policy Term PPT Single
Wealth 10 Years Pay
Maturity value
4% - Rs. 3,85,022/-
8% - Rs. 4,98,917/-
Death of any one of

One Time Premium Paid Policy Continues With 10X Single Premium Cover on Surviving Life
the Life Assured
FV Set to be Higher of FV
or 1.25* Single Pay
ROPAC Rs. 3,750/-
Fund Booster ROFMC

@8% Rs. 10,929/- @8% Rs. 16,619/-
@4% Rs. 8,494/- @4% Rs. 15,796/-
The values shown in the Scenario above are for illustration purpose only. If your policy offers guaranteed returns, then these will be clearly marked
“guaranteed” in the Benefit Illustration. Since your policy offers variable returns, the given illustration shows different rates of assumed future
investment return based on assumed investment returns of 8% and 4%. These are not guaranteed returns and are not the upper or lower limit of what
one might get in this policy. The maturity benefit of your policy is dependent on a number of factors, including future performance
Boundary Conditions
AGE AT ENTRY POLICY TERM
MAXIMUM PREMIUM
LIFE
MATURITY AGE PAYING TERM
MINIMUM MAXIMUM MINIMUM MAXIMUM
WL : 99 – Single Pay, 5 Pay,

WL : 99 10 Age at Entry
Single 0 (30 days) 60 7 Pay, 10 Pay
Other than WL : 90 Other than & Regular Pay
WL : 30
Joint 0 (30 days) 55 65 10 Single Pay
WL Stands for Whole Life | For Joint Life one life must be at least 18 years.
Minimum Annualized Premium – Rs. 18,000/-

Minimum Single Premium – Rs. 20,000/-
7
PNB METLIFE GEM – SMART CHILD PLAN
Benefits offered
PNB MetLife GEM Smart Child helps you systematically save for your children’s education and
financially secure their bright future. The policy provides life insurance cover and helps you
earn market linked returns.
In this plan your child becomes the Life Assured and you are the Proposer or Policyholder at
inception of the policy. You have the flexibility to decide your policy term ranging from 10 to 25
years basis the educational requirements of your child. You may choose to pay premiums as per
your convenience (Limited period for 5,7 or 10 years/ Regularly throughout the policy term).
The premiums you pay are invested net of premium allocation charges in the funds of your
choice and as per your risk appetite.
In case of Policyholder’s unfortunate death, all future premiums shall be funded by Us. Thus, we
make sure that we continue to build the corpus on your behalf for the dreams you have for your
loved ones. The Policy continues with risk cover for Life Assured and the accumulated Fund
Value is paid on Maturity.
In case the Life Assured is minor at the time of death of the Policyholder, the new Policyholder
can be the surviving parent/legal guardian of the Life Assured, until the Life Assured attains age
of 18 years. In the unfortunate event of death of Life Assured we pay the death benefit, and the
policy terminates.
The policy shall vest automatically on the Life Assured once he/she attains majority.
Benefit Illustration
Saurav is a 30-year-old father having a son of 1 years of age. He wants a plan that will help him
fund for his Son’s (Sumit) higher education. He chooses PNB MetLife GEM Smart Child Plan
with Balancer II Fund and opts for a policy term of 17 years since he wants to avail the benefits
when his son reaches the age of 18 years.

Annual Premium Rs. 2,50,000/-
Plan Option Policy Term PPT 10 years
Smart Child 17 Years
Maturity value
4% - Rs. 33,87,516/-
Life Coverage on Sumit & Waiver of Premium Benefit on the death of Saurav 8% - Rs. 54,42,995/-
Death
of Saurav Policy will continue with Life Coverage on Sumit
Premium payments waived off
Year 0 Year 3 Year 10 Year 15 Year 17
Death Benefit of Minimum Rs. 25,00,000/- across the policy term on the life assured
ROPAC Rs. 53,750/- ROPAC Rs. 53,750/- ROFMC

@8% Rs. 6,723/-
@4% Rs. 7,014/-
ROFMC Fund Booster
@8% Rs. 85,788/- @8% Rs. 45,700/-
@4% Rs. 77,571/- @4% Rs. 31,052/-
8
Boundary Conditions
MAXIMUM PREMIUM
Life 0 (30 days) 25 50
Assured 5 Pay, 7 Pay, 10 Pay
10 25
& Regular Pay
Policy 18 60 85
Holder
Minimum Annualized Premium - Rs. 18,000/-
PNB METLIFE GEM WEALTH + CARE PLAN
Benefits offered
This option is designed to help you meet your investment needs and provides you with a life
insurance cum health cover. Thus, you can protect your investment goals from uncertainties of
Death as well as Diseases.
You have the flexibility to decide your investment horizon ranging from 10 to 25 years and the
convenience of choosing your premium paying term (Limited period of 5,7 or 10 years/ Regularly
throughout the policy term). The premiums you pay are invested net of any premium allocation
charges in the funds of your choice and as per your risk appetite.
Policy pays death benefit in the unfortunate event of Life Assured’s death during the policy term.
The accumulated fund value is paid to you at maturity of the policy.
Additionally, under this option your premiums are waived off in case of diagnosis of any of the
five Critical Illnesses listed below:
• Cancer of Specified Severity

• First Heart Attack – of specified severity
• Open Chest CABG
• Kidney Failure Requiring Regular Dialysis
• Stroke resulting in Permanent Symptoms
This benefit is subject to waiting period, survival period and specific exclusions detailed in
Annexure A of this brochure.
9
Seema is 40 years old. She wants an insurance plan that would help her accumulate wealth for
financial needs even if she is critically ill. She chooses PNB MetLife GEM- Wealth + Care Plan
with Balancer II Fund.

Annualized Premium: Rs 150,000
Sum Assured: Rs 15,00,000
Wealth + Care 20 Years
Maturity value
4% - Rs. 39,59,299/-
Life Coverage continues on the Life of Seema 8% - Rs. 61,29,250/-
Cancer Future premium payments waived off

Diagnosis
Death Benefit of Minimum Rs. 15 Lacs across the Policy Term on the Life Assured
ROPAC Rs. 32,250/- ROPAC Rs. 32,250/- ROPAC Rs. 32,250/-
ROFMC Fund Booster Fund Booster

@8% Rs. 50,124/- @8% Rs. 35,705/- @8% Rs. 58,563/-
@4% Rs. 45,293/- @4% Rs. 26,247/- @4% Rs. 38,310/-
ROMC
@8% Rs. 12,169/-
@4% Rs. 14,235/-
Boundary Conditions
MAXIMUM PREMIUM
18 60 85 10 25 5 Pay, 7 Pay, 10 Pay &

Regular Pay
Premium Paying Term will be subject to age of life assured not exceeding 75 years last birthday at the end of premium paying term
10
PNB METLIFE GEM – GOAL ASSURED PLAN
Benefits offered
If you have a financial goal for your family, this plan helps you achieve that with greater
certainty, no matter what twists life throws at you. This option helps you systematically save
for your dream goal and earn market linked returns and pays accumulated funds as maturity
benefit.
In an unfortunate event of Life Assured’s death, we not only pay a death benefit to take care of
any immediate financial needs of the family; we also continue to keep the policy funded and the
policy fund continues to grow and earn market linked returns. The policy then also pays
accumulated funds as maturity benefit at the end of the policy term.
Thus, you ensure your financial goals for your family stay unaffected under any circumstances.
convenience of choosing your premium paying term (Limited period of 5, 7 or 10 years/
Regularly throughout the policy term). The premiums you pay are invested net of any premium
allocation charges in the funds of your choice and as per your risk appetite.
Deepayan is a 35 years old man. He wants an insurance plan that would help him accumulate
wealth for the financial needs of his family even if he passes away. He chooses PNB MetLife
GEM Goal Assured Plan with Balancer II Fund and opts to get covered till age 50.

Plan Option Policy term PPT 7 years
Goal Assured 15 Years
Maturity value
4% - Rs. 9,30,517/-
8% - Rs. 14,53,842/-
Death of Rs. 10,00,000/-

Deepayan Sum Assured Paid Out
Wealth Accumulated
For Family at Maturity
Year 0 Year 2 Year 7 Year 10 Year 15
Death Benefit of Minimum Rs. 10,00,000/- across the Policy Term on the Life Assured
ROPAC Rs. 18,000/- ROPAC Rs. 18,000/-
ROFMC Fund Booster

@8% Rs. 34,328/- @8% Rs. 13,827/-
@4% Rs. 31,045/- @4% Rs. 8,942/-
11
“guaranteed” in the Benefit Illustration. Since your policy offers variable returns, the given illustration shows different rates of assumed future investment
return based on assumed investment returns of 8% and 4%. These are not guaranteed returns and are not the upper or lower limit of what one might get
in this policy. The maturity benefit of your policy is dependent on a number of factors, including future performance
Boundary Conditions
MAXIMUM PREMIUM
5 Pay, 7 Pay, 10 Pay &

18 45 70 10 25
Regular Pay
PNB METLIFE GEM – INCOME ASSURED

PLAN
Benefits offered
We understand you are concerned with the future of your family in your absence and their
wellbeing is of utmost importance to you. This option ensures that your near and dear ones
need not make any sacrifices in your absence.
In an unfortunate event of Life Assured’s death, we not only pay a death benefit to take care of
any immediate financial needs of the family; we continue to keep the policy funded and the
policy fund continues to grow and earn market linked returns.
Additionally, we pay the family a regular monthly income equal to the one twelfth of the
annualized premium^ for the remaining policy tenure so that the family lifestyle is not
compromised. The policy then also pays accumulated funds as maturity benefit at the end of
the policy term.
convenience of choosing your premium paying term (Limited period of 5,7 or 10 years/
Regularly throughout the policy term). The premiums you pay are invested net of any premium
allocation charges in the funds of your choice and as per your risk appetite.
^“Annualized Premium” means the premium amount payable in a year excluding the taxes, rider
premiums and underwriting extra premium on riders, if any.
12
Benefit Illustration of Income Assured Option
Mohit is a 25 years old man. He wants an insurance plan that would help him support the
financial needs of his family even if he passes away through regular inflow of finances. He
chooses PNB MetLife GEM (Income Assured option) with Balancer II Fund and opts to get
covered till age 35

Income Assured 10 Years
Maturity Benefit
4% - Rs. 5,71,560/-
8% - Rs. 7,68,780/-
Death of
Life Assured
Rs. 10,00,000/- Sum Monthly Income of Rs. 8,333/- paid till Maturity ROPAC Rs. 13,500/-
Assured Paid Out
ROFMC
@8% Rs. 17,376/-
@4% Rs. 16,151/-
“guaranteed” in the Benefit Illustration. Since your policy offers variable returns, the given illustration shows different rates of assumed future investment
return based on assumed investment returns of 8% and 4%. These are not guaranteed returns and are not the upper or lower limit of what one might get
in this policy. The maturity benefit of your policy is dependent on a number of factors, including future performance
Boundary Conditions of Income Assured Option

MAXIMUM PREMIUM
5 Pay, 7 Pay, 10 Pay &

18 45 65 10 20
Regular Pay
13
PNB METLIFE GEM REWARDS YOUR
LOYALTY BY RETURNING ALL CHARGES
– GUARANTEED
RETURN OF FUND MANAGEMENT CHARGES (ROFMC)

Investing is about creating long term value and to help create more value on your investments,
we reward you with Return of Fund Management Charges (ROFMC) at the end of 10th policy
year. The company will add units to the fund value based on the Premium Paying term (PPT) of
the policy as specified hereunder:
PPT OF THE POLICY VALUE OF UNITS ADDED
Total Fund Management Charges (FMC) deducted

Single Pay and 5 Years
in the policy up-to end of 5th Policy Year
7 Years, 10 Years and Regular Pay Total Fund Management Charges (FMC) deducted
policies in the policy up-to end of 7th Policy Year
Total FMC collected by the company (net of any taxes) as stated above shall be reckoned for
the purpose of determining the value of units added under this benefit. Any FMC deducted
with respect to the Top-up fund would not be considered for this benefit.
ROFMC would be added for in force policies only.
RETURN OF PREMIUM ALLOCATION CHARGES (ROPAC)

We deducted Premium Allocation Charges from your policy and now it’s the time we pay you
back! You may get up to 150% of Premium Allocation Charges deducted in your policy through
our Return of Premium Allocation Charges (ROPAC) feature.
The percentage of ROPAC benefit will vary based on the policy term as follows
POLICY TERM TOTAL ROPAC BENEFIT# ROPAC CREDIT SCHEDULE
10 – 14 years 50% 50% at the end of 10th policy year
15-19 years 100% 50% each at the end of 10th &15th policy year
20 years or
higher 150% 50% each at the end of 10th ,15th and 20th policy year
#
The value of units added at each instance will be percentage of the total Premium Allocation Charges deducted by the company (net of taxes) up-to 10th
policy year.
The company will add units to the fund value at the end of 10th, 15th and 20th policy year as per
schedule mentioned above.
ROPAC would be added for In Force policies only and any Premium Allocation Charges deducted
towards Top Up premiums would not be considered for this benefit.
14
FUND BOOSTERS
Supercharge your investment kitty with our Fund Boosters.
Fund Boosters shall be allocated to your policy fund, provided the policy is in force as per the below table:
PREMIUM PAYING TERM FUND BOOSTER PERCENTAGE END OF POLICY YEAR
Regular Pay, 5 Pay, 7 Pay, 10 Pay 1% of Fund Value 15, 20, 25 & 30
Single Pay 2.4% of Fund Value 10, 15, 20, 25 & 30
Fund Boosters would not be applicable on any Top-Up fund.

Fund Boosters would be added by creating appropriate number of units as per the NAV as on the due date of credit.
RETURN OF MORTALITY CHARGES (ROMC)

On the Survival of the Life Assured till the end of the policy term, a percentage of the total
mortality charges deducted (net of taxes) will be added back to the fund value at maturity.
Mortality Charges added back shall range between 25% to 100% of the total mortality charges
deducted and shall be based on the plan option and policy term chosen by you at inception of
the policy as stated hereunder:
OPTION POLICY TERM 10 -14 YEARS 15 YEARS ONWARDS
Wealth, Wealth + Care & Smart Child 50% 100%
Goal Assured & Income Assured 25% 50%
ROMC would be added to in force policies only and this benefit is not available to Single Pay
policies. Further Mortality Charges from Top Up premium and any extra mortality charges
deducted would not be considered towards this benefit
For the Smart Child option, in case of death of Proposer & Survival of the Life Assured till the end of the term, the mortality charge with respect to the
Life Assured would only be considered for this benefit.
HIGH PREMIUM BOOSTER

All policies with Annualized Premium of Rs 5,00,000 and above would further be rewarded with
High Premium Booster benefit on maturity. High Premium Booster is expressed as percentage
of average daily fund values of respective fund during the last policy year at the end of which
High Premium Booster is to be credited.
High Premium Boosters shall be allocated to your policy fund, provided the policy is in force as
per the below table:
POLICY TERM ADDITIONAL FUND
PREMIUM PAYING TERM
(YEARS) BOOSTER PERCENTAGE
10 - 14 0.5%
Regular Pay, 5 Pay, 7 Pay, 10 Pay 15 - 19 0.75%
20 and above 1%
Single Premium policies and Top Ups premiums would not be considered for this benefit.
“Return of Premium Allocation Charges”, “Return of Fund management Charges (ROFMC)” and “Return of Mortality Charges” & “High Premium
Booster" shall be allocated to the chosen funds in the same proportion as the fund value existing at the time of credit, by creating appropriate number
of units as per the NAV as on the due date of the credit. The allocation of “Return of Premium Allocation Charges”, “Return of Fund management
Charges (ROFMC)”, “Return of Mortality Charges” , “Fund Booster” and “High Premium Booster” is guaranteed provided due premiums till date have
been received and the same shall not be revoked by the Company under any circumstances.
15
FUND MANAGEMENT STRATEGIES
PNB MetLife GEM gives you the choice of three fund management strategies to choose from
as per your risk appetite & convenience. You need to select any one from the following fund
management strategies.
SELF-MANAGED STRATEGY
In case you want to manage your own investment, Self- Managed Strategy would best fit your
requirement. This option gives you access to our suite of 16 funds, complete control in how to
invest your premiums and full freedom to switch from one fund to another at any point of time.
Our funds offer choice of debt or equity orientation to suit your specific needs and risk profile.
The details of the various funds are given in the table below:
Asset
INVESTMENT ASSET
SL FUND NAME Allocation Risk
OBJECTIVES CATEGORY
Range (%)
To provide long term Equities 60 - 100

capital appreciation
from an actively Debt 0
MID CAP FUND managed portfolio of Very
1 (ULIF02501/01/18MIDCAPFUND117) High Risk
diversified stocks from
the midcap segment of Money market 0 - 40
the market
Equities 60 - 100
To generate wealth by
investing in companies Debt 0
PREMIER MULTI-CAP FUND across market Very
2 (ULIF02101/01/18MULTICAPFN117) High Risk
capitalization spectrum
with a blend of large-cap
Money market 0 - 40
and mid-cap companies
To generate long term Equities 60 - 100

capital appreciation by
VIRTUE II investing in diversified Very
3 (ULIF01215/12/09VIRTUE2FND117) High Risk
equities of companies
promoting healthy life
Money market 0 - 40
style and enhancing
quality of life
To generate wealth by
investing in companies
which will benefit from Equities 60 - 100
the present evolving
economic environment
CREST (THEMATIC FUND) such as rising Very
4 (ULIF02201/01/18CRESTTHEMF117) consumption (C),
Debt 0
High Risk
strengthening
government reforms
(RE), increasing
contribution of services Money market 0 - 40
(S) in the economy and
new technologies (T).
16
Asset
INVESTMENT ASSET
OBJECTIVES CATEGORY
Range (%)
To generate long-term Equities 60 - 100

capital appreciation
FLEXI CAP from an actively Very
5 High Risk
(ULIF01315/12/09FLEXICAPFN117) managed portfolio of
diversified stocks across Money market 0 - 40
the market capitalization instruments
spectrum
To generate long term

Equities 60 - 100
capital appreciation by
MULTIPLIER III investing in diversified
High Risk
6 equities (predominantly
(ULIF01809/10/15MULTIPLIE3117)
Large caps)
Money market 0 - 40
To focus on investing in
select companies from Equities 60 - 100
the investment
universe, which
SUSTAINABLE EQUITY FUND conduct business in Debt 0 High Risk
7
(ULIF02610/12/21SUSTAINFND117) socially and
environmentally
responsible manner Money market 0 - 40
while maintaining
governance standards
The fund will seek to

generate wealth by
investing in companies Equities 60 - 100
which will benefit from
INDIA OPPORTUNITIES FUND the evolving economic
8 situation such as
ULIF02710/12/21INDOPPFUND117 Debt 0 High Risk
increasing digitization,
strengthening economic
reforms, strong focus on
Money market 0 - 40
Atmanirbhar Bharat and
Make-in-India
To generate capital Equities 40 - 75

appreciation and
BALANCED OPPORTUNITIES FUND current income
9 through a judicious mix Debt 25 - 60 Medium Risk
(ULIF02301/01/18BALANCEOPP117) of investments in
equities and fixed
income securities.
Money market 0 - 35
Government
To generate capital and other debt 0 - 60
appreciation and securities
current income,
BALANCER II
10 through a judicious mix
Equities 0 - 60 Medium Risk
(ULIF01015/12/09BALANCER2F117) of investments in
equities and fixed
income securities.
Money market
0 - 40
instruments
17
Asset
INVESTMENT ASSET
OBJECTIVES CATEGORY
Range (%)
Government
and other debt 60 - 100
To earn regular securities
PROTECTOR II income by investing in Low Risk
11
(ULIF00915/12/09PROTECTOR2117) high quality fixed
income securities
Money market 0 - 40
To provide higher
accrual along with safety Equities 0
arising from high
BOND OPPORTUNITIES FUND allocation to corporate
12 Debt 80 - 100 Low Risk
(ULIF02401/01/18BONDOPPORT117) bonds. The fund will
invest up to 100% of the
corpus in debt and Money market 0 - 20
money market securities
To generate stable
returns by investing in
LIQUID FUND a very short term debt
13 Money market 100 Low Risk
(ULIF01909/10/15LIQUIDFUND117) and money market
instruments
To generate wealth Equities 60 - 100

over the medium to Very
Small Cap Fund long-term by investing Debt 0
14 High Risk
(ULIF02819/02/24SMALLCAPFN117) in equity securities of
small cap companies
Money market 0 - 40
To generate wealth Equities 60 - 100

over the medium to
Bharat Manufacturing Fund long-term by investing Very
15 Debt 0
(ULIF02901/08/24BHARATFUND117) predominantly in High Risk
companies engaged in
manufacturing theme. Money market 0 - 40
To generate wealth over Equities 60 - 100

the medium to long-term
Bharat Consumption Fund by investing predomi- Very
16 Debt 0
(ULIF03015/11/24CONSUMFUND117) nantly in companies High Risk
engaged in domestic
consumption theme Money market 0 - 40
You have full flexibility to redirect the future premiums by changing your premium allocation
percentages at any time amongst the above funds. You also have the full flexibility to switch
monies from one fund to another free of cost, at any point of time as per your judgement of the
capital markets.
SYSTEMATIC TRANSFER STRATEGY

The Systematic Transfer Strategy helps safeguards your wealth against the market volatilities
and is available only if you have opted for a Regular Pay or Limited Pay policy with annual
frequency as the premium payment mode. You may utilise this strategy to ensure a gradual
exposure to equity from debt in a phased manner through equal instalments over the course of
12 months. This strategy allows You to systematically invest in equities while eliminating the
need to time Your investments into the equity market.
On selection of Systematic transfer strategy at the Inception of the Policy following would
occur:
18
• All Installment Premiums will be invested in Protector II Fund (debt oriented fund)
• All monies in Protector II Fund will systematically be transferred to Premier Multi-cap Fund
(equity oriented fund) over the 12 month Policy period.
• The units will be automatically transferred from Protector II Fund to Premier Multi-cap
Fund at the end of every month in the following manner
MONTH NUMBER OF UNITS
MONTH 1 1/12 of the units available at the end of Month 1
MONTH 12 Balance Units available at the end of the Month12
Systematic transfer strategy if not opted at inception and chosen during the Policy Term, will
only be activated on the next Policy Anniversary. The Policyholder would have two options
once he/she chooses Systematic Transfer Strategy during the Policy Term
• Transfer all existing monies from Protector II Fund to any other fund. In this case, only the
subsequent premiums allocated to in Protector II Fund would be systematically transferred
to Premier Multi-cap Fund.
• Continue with existing monies in Protector II Fund. In this case, all monies including
subsequent premiums, in Protector II Fund will be systematically transferred to Premier
Multi-cap Fund.
19
LIFE-STAGE STRATEGY
You can utilize this strategy to ensure that your policy adapts to your changing needs,
depending on your life stage and age.
At policy inception, your premium, net of allocation charge is distributed between two funds,
Premier Multi-cap Fund (equity oriented fund) and Protector II Fund (debt oriented fund), based
on your attained age. As you move from one age band to another, your funds are re-distributed
based on your age. The age-wise portfolio distribution is shown in the table.
AGE OF POLICYHOLDER
PREMIER MULTI-CAP FUND PROTECTOR II FUND
(YEARS)
Up to 30 70% 30%
31 – 40 60% 40%
41 – 50 50% 50%
51 – 60 40% 60%
61 – 70 20% 80%
71 + 10% 90%
• On a quarterly basis, units shall be rebalanced as necessary to achieve the above

proportions of the Fund Value in the Premier Multi-cap Fund and Protector II Fund. The
re-balancing of units shall be done on the last day of each policy quarter.
• On selection of Life – stage strategy during the policy term, the existing funds / future
premiums (if any) will be allocated as per the applicable proportion between Premier
Multi-cap Fund (equity) and Protector II Fund (Debt), based on your age.
You can opt for only one of the Fund Management Strategies at any given time during the
policy term.
Policy holder may use the change in portfolio strategy option to transfer amongst any of the
three fund management strategies. Systematic transfer strategy if chosen during the term of
the policy will be activated only on the next policy anniversary.
NEW FUND OFFERING (NFO)

At PNB MetLife we are delighted to offer a new fund, the “Bharat Consumption Fund”
(ULIF03015/11/24CONSUMFUND117). This fund invests in companies engaged in consumption
theme. India is world’s fastest growing major consumption market and it’s at an inflection point
driven by confluence of factors such as favorable demographics, urbanization, premiumisation and
digitisation. This provides a strong multi-decade investment opportunity across various
consumption categories. The fund’s investment objective is to provide long-term capital
appreciation by identifying companies poised to benefit from India’s consumption boom. As a
result, experts believe that schemes which are investing in consumption/ funds are best suited for
individuals with a high risk tolerance and long-term investment goals.
20
OTHER FEATURES
CHANGE IN SUM ASSURED

You can choose to increase or decrease your Sum Assured subject to the following
conditions:
• All due premiums till date of such request are paid and provided monies are not in
discontinued policy fund
• Any increase in sum assured may be exercised provided that the life assured is aged not
more than 60 years last birthday on the policy anniversary when this option is exercised.
• Age restriction will not be applicable for reduction in sum assured.
• Increase in Sum Assured will be subject to underwriting.
• Change in sum assured will be subject to the minimum and maximum Sum Assured limits
available under the product.
CHANGE IN PREMIUM PAYMENT TERM

For Regular Pay & Limited pay policies (other than 5 pay), the Policyholder after completion of
first 5 policy years, may request for a change in the Premium Paying Term to any of the
available Premium Paying Term options in the policy.
Such request shall be processed for In Force subject to following conditions
• This option is exercised before the expiry of the existing Premium Paying Term
• The new/requested premium paying term cannot be shorter than the no of years for
which premium is already due/paid.
• This option may be exercised only once during the entire Policy Term.
• Any such change accepted by the Company would be applicable from the next Policy
Anniversary only.
CHANGE IN PREMIUM AMOUNT

You will have the option to reduce the Instalment Premium under the Policy after the first five
Policy Years, provided all due instalments premiums have been paid in full, subject to following
conditions
• Installment Premium can be reduced up to 50% of the original installment premium subject
to minimum premium and minimum sum assured as prescribed by the company under this
policy
• Once reduced, the premium cannot be subsequently increased.
• The sum assured would be reduced proportionally to the revised premium.
• Any such change would be applicable from the next policy anniversary only.
• This option is not available for Single Pay Policies
• This option may be exercised only once during the entire policy term
• This option would not be available after waiver of premium benefit has been triggered
under the policy.
21
PREMIUM REDIRECTION (ONLY UNDER SELF-MANAGED STRATEGY)
You can choose to change the allocation of future premiums with premium redirection. You
would have the option to change the premium allocation proportions free of charge.
SWITCHING (ONLY UNDER SELF-MANAGED STRATEGY)

You have the option to switch partially or fully between the available Segregated fund options,
at any point of time during the policy term. The minimum value of every switch should be Rs.
5,000/-. All switches are free.
PARTIAL WITHDRAWALS
Partial withdrawals are available only after the completion of Lock In Period (5 Policy
Anniversaries), or on attainment of Age 18 by the Life Assured, whichever is later, subject to the
following:
• Each partial withdrawal shall be subject to the minimum amount of Rs.5,000 and maximum
partial withdrawal in a policy year shall not exceed 25% of the total fund value at the time
of withdrawal.
• Partial withdrawals will be made first from the Top-up Fund Value which has completed
the lock in period, as long as it supports the partial withdrawal, and then from the Fund
Value built up from the base premium(s).
• At any point of time during the Policy Term, the minimum fund balance remaining after the
partial withdrawal should be at least equal to 120% Annualized Premium for Regular Pay
and Limited Pay or 20% of Single Premium
• Partial withdrawals which would result in termination of the Policy shall not be allowed.
• The Partial Withdrawals are free of any charge.
• The partial withdrawals with respect to the fund values from the base premiums shall only
be counted for the purpose of adjusting the sum assured to be payable on death. Partial
withdrawals made from the Top-up premiums shall not be deducted for this purpose.
Smart Withdrawal Facility (SWF) under Partial Withdrawals:
• If you have availed the “Wealth Option” with premium paying term of 10 or more years
SWF can be chosen to set up automatic withdrawals of 1-12% of your fund value at a desired
frequency, subject to each installment being more than Rs.1000.
• All charges as applicable in the policy shall continue to be deducted.
• The withdrawals under SWF will start from the 11th Policy Year or as per the SWF request,
whichever is later. They will continue until you stop them.
• Policies where the life assured is a minor, SWF withdrawals begin once the minor turns 18
or in the 11th policy year, whichever is later.
• SWF payout made by redeeming units from funds in proportion to Fund Value in each fund,
at unit price on payout date.
The SWF will be payable provided following conditions are satisfied:

i. Resultant Fund Value after payment of withdrawal amount under SWF shall at least be
equal to 105% of Total Premiums Paid till date.
ii. In case the amount available (Fund Value Less 105% of Total Premiums Paid till date) for
such withdrawal is not sufficient to meet the SWF percentage chosen by the you, then an
amount lower than the percentage chosen would be paid, such that resultant fund value
post withdrawal is 105% of Total Premiums Paid Till date.
22
iii. Withdrawal amount under Smart Withdrawal Facility (SWF) may be nil in any policy year
on account of aforementioned conditions.
FLEXIBLE PREMIUM PAYMENT MODES AND MODAL FACTORS

You may opt to pay Installment Premiums by Single Pay, Yearly, Quarterly, Half Yearly, or
Monthly mode subject to the minimum Annualised Premium under each mode. Incase you
choose to pay premiums by a mode different than annual, the following factors would applied
to Annualized premium to determine the installment premium.
PREMIUM PAYING MODE MULTIPLICATIVE FACTORS
Half Yearly 1/2
Quarterly 1/4
Monthly* 1/12
*Monthly mode available only for standing instructions/ direct debit options (including Electronic Clearing System (ECS), and Automated
Clearing House (ACH))
POLICY LOANS
Not allowed under this policy.
TOP UP’S
The policy holder may remit a Top up premium during the policy term provided the policy is in
in- force status and premiums due have been received by us.
• Top up premiums shall not be allowed during the last five (5) Policy Years.
• The total amount of Top up premiums, at any point of time during the currency of the
contract, shall not exceed the sum total of the installment premiums paid up to that point of
time OR in case of single premium policies shall not exceed the single premium paid.
• Each Top Up Premium would be treated as a single premium. The Top Up Sum Assured is
1.25 times of Top Up Premium paid.
• The minimum Top Up Premium payable is Rs 10,000/-
• Maximum Top up premium would not have any limit, however, would be subject to board
approved underwriting policy
• Top-up premiums once paid cannot be withdrawn for a period of 5 years from the date of
payment of the `Top-up' premium, except in case of complete surrender of the policy
• Top Up would not be allowed if any Waiver of Premium Benefit has been triggered in the
policy
• Top-up premiums will not be available for “Wealth” option with joint-life cover
FREE LOOK PERIOD

Please go through the terms and conditions of Your Policy carefully. If You have any objections
to the terms and conditions of Your Policy, You may cancel the Policy by giving a written notice
to Us within 30 days beginning from the date of receipt of Policy Document, whether received
electronically or otherwise, stating the reasons for Your objection and You will be entitled to a
refund of the premium paid, subject only to a deduction of proportionate risk premium for the
period of cover and the expenses if any, incurred on medical examination and stamp
duty charges.
23
GRACE PERIOD (FOR OTHER THAN SINGLE PREMIUM POLICIES)
You have a grace period of 30 days (15 days for monthly mode) from the due date of unpaid
Premium to pay all your due Premiums without any late fee or penalty. Your policy remains
in-force during the grace period. If we do not receive the entire due instalment premium by the
end of the grace period, your policy would move to become a discontinued policy and
provisions of premium discontinuance shall apply.
LOCK IN PERIOD
The period of five consecutive Policy Years from the Date of Commencement of the Policy,
during which the proceeds of the Discontinued Policy Fund cannot be paid to You, except in the
case of death or upon the happening of any other contingency covered under the Policy.
PREMIUM DISCONTINUANCE
Discontinuance of policy during Lock – in Period (Not applicable for Single Pay Policies)
In case of discontinuance of policy during the lock in period due to non-payment of
Installment Premium and expiry of Grace Period, the policy will move to the Discontinued
Status. The Fund Value as on date of discontinuance shall be transferred to the Discontinued
Policy Fund after deducting the applicable discontinuance charge and all risk cover(s) under
the Policy, shall cease. Such discontinuance charges shall not exceed the charges mentioned
in the Charges section.
The waiver of premium benefit under Wealth + Care, Goal Assured, Income Assured and
Smart Child options shall not be payable in case the insured event (death or critical illness)
occurs after the policy moves to the Discontinued Status.
On such discontinuance, the company will communicate the status of the policy, within three
months of the first unpaid premium, to the policyholder and provide the option to revive the
policy within the revival period of three years as below:
i. In case the policyholder opts to revive but does not revive the policy during the revival
period, the proceeds of the discontinued policy fund shall be paid to the policyholder at
the end of the revival period or lock-in period whichever is later. In respect of revival
period ending after lock-in period, the policy will remain in discontinuance fund till the
end of revival period. The Fund management charges of discontinued fund will be
applicable during this period and no other charges will be applied.
ii. In case the policyholder does not exercise the option as set out above, the policy shall
continue without any risk cover, and the policy fund shall remain invested in the
discontinuance fund. At the end of the lock-in period, the proceeds of the
discontinuance fund shall be paid to the policyholder and the policy shall terminate.
iii. However, the policyholder has an option to surrender the policy anytime and proceeds
of the discontinued policy shall be payable at the end of lock-in period or date of
surrender whichever is later.
Discontinuance of policy after Lock – in Period (Not applicable for Single Pay Policies)
In case of discontinuance of policy after the lock in period due to non-payment of Installment
Premium and expiry of Grace Period, the policy shall attain reduced Paid up Status with
reduced Paid-up Sum Assured.
Paid-up sum assured is given original sum assured multiplied by the total number of premiums
paid to the original number of premiums payable as per the terms and conditions of the policy.
24
All Charges as per terms and conditions of the Policy will continue to be deducted until the
expiry of the Revival Period with following allowances:
• Mortality charges for the Death Benefit shall be deducted based on the reduced Paid up
Sum Assured.
• No charges shall be deducted for Waiver of Premium Benefits
The waiver of premium benefit under Wealth + Care, Goal Assured, Income Assured and
Smart Child options shall not be payable in case of a claim once the policy converts to
reduced paid-up status
The income benefit under Income Assured option will not be payable in case of a claim once
the policy converts to reduced paid-up.
On death of the Life Assured under Wealth (Single Life), Wealth + Care and Smart Child
options, the death benefit payable shall be higher of:
• Fund Value as at the date of intimation of death
• Reduced paid-up Sum Assured less all Partial Withdrawals and/or payouts under Smart
Withdrawal Facility (SWF) made during the last two years immediately preceding the
date of death of the Life Assured (If applicable)
• 105 percent of the total premiums received up to the date of death
On death of the Life Assured under Goal Assured and Income Assured options, the death
benefit payable shall be higher of:
• Reduced paid-up Sum Assured
• 105 percent of the total premiums received upto the date of death
PLUS
• Fund Value as at the date of intimation of death
In addition to the above, higher of the following shall be payable with, wherever applicable:
• Top-up Fund Value as at the date of intimation of death
• Top-up Sum Assured
• 105% of the total top-up premiums paid up to the date of death
WHERE,
• Top-up Sum Assured is 1.25 * Top-up Premium.
The policy terminates with the payment of the death benefit.
i. Insurer shall communicate the status of the policy, within three months of the first unpaid
premium, to the policyholder and provide the following options:
(a) To revive the policy within the revival period of three years, or
(b) Complete withdrawal of the policy.
ii. In case the policyholder opts for (a) above but does not revive the policy during the
revival period, the fund value shall be paid to the policyholder at the end of the revival
period.
iii. In case the policyholder does not exercise any option as set out above, the policy shall
continue to be in reduced paid up status. At the end of the revival period the proceeds of
the policy fund shall be paid to the policyholder and the policy shall terminate.
iv. However, the policyholder has an option to surrender the policy anytime and proceeds
of the policy fund shall be payable.
25
DISCONTINUANCE OF SINGLE PREMIUM POLICY
i) During the Lock – in Period
The policyholder has an option to surrender any time during the lock-in period. In case of
surrender during the first five policy years (lock-in period), the Total Fund Value under the said
Policy, after deduction of Discontinuance Charges, will be transferred to the Discontinued
Policy Fund.
The proceeds from the discontinuance fund shall be paid at the end of lock-in period. Only fund
management charge will be deducted from this fund during this period. Further, no risk cover
shall be provided on such policy during the discontinuance period.
ii) After the Lock – in Period

In case of Single Premium Policies, the policyholder has an option to surrender the policy any
time. Upon receipt of request for surrender after the first five years, the fund value as on date
of surrender shall be payable.
DISCONTINUED POLICY FUND

For the policies where the premiums are discontinued, the Fund Value will be moved to
Discontinued Policy Fund. The proceeds of the Discontinued Policy Fund shall be payable only
upon completion of Lock-in period, except in the case of death of the life assured, wherein the
discontinued fund value shall be payable immediately to the nominee.
The investment mix for the Discontinued Policy Fund is as follows:
Money market: 0% - 100%,
Government Securities (Including Treasury Bills): 0% - 100%
The minimum guaranteed interest rate on this Fund is 4.0% (Four percent) per annum (or as
mandated from time to time by The Insurance Regulatory & Development Authority of India).
The Fund Management Charge for the Discontinued Policy Fund is 0.5% per annum. The excess
income earned in the Discontinued Policy Fund over and above the minimum guaranteed
interest rate shall also be apportioned to the Discontinued Policy Fund.
SURRENDER
During the first five policy years, on receipt of surrender intimation, the Fund Value after
deduction of applicable Discontinuance Charge, shall be transferred to the Discontinued Policy
Fund. The proceeds of the discontinued policy shall be paid at the end of lock-in period. Only
fund management charge will be deducted from this fund during this period. Further, no risk
cover shall be provided on such policy during the discontinuance period.
After Completion of first five years, on receipt of surrender intimation, you will be entitled to the
total Fund Value under the policy.
Once a policy is surrendered in full, it is terminated and cannot be revived.
The nominee cannot surrender the policy after the death of the life assured under “Goal
Assured” and “Income Assured” options.
26
POLICY REVIVAL
On discontinuance of policy, if the Policyholder has chosen option to revive the policy, within
revival period of three years from the date of discontinuance of policy, the policy shall be
revived restoring the risk cover along with investment made in fund chosen by the policyholder
out of the discontinued fund less applicable charges as referred below, shall be levied. Where a
policy is discontinued, the steps outlined in ‘Premium Discontinuance’ section of this document
will be followed. If the Policyholder opts to revive the policy within the revival period then
revival of the discontinued policy is subject to the following conditions:
• The Policyholder paying all due Installment Premiums that would have been payable from
the date of default to the proposed date of Revival.
• Company reserves the right to obtain additional information before reviving the Policy and
also the right to decline revival of the Policy or impose extra Mortality Charges as per
Board Approved Underwriting Policy of the Company.
• On Revival of a policy, discontinued during lock-in period, the Policy Admin Charges and
Premium Allocation Charges will be deducted before allocating the balance amount to the
Unit Account. The Company shall add back to the fund, the Discontinuance Charges, if
applicable, deducted at the time of discontinuance of the Policy.
• On Revival of a policy, discontinued after lock-in period, Premium Allocation Charges will
be deducted before allocating the balance amount to the Unit Account.
AUTO FORECLOSURE OF THE POLICY

For Regular & Limited Pay:
At any point of time during the policy term after the premium payment term, if the fund value goes
below one Annualized premium, the policy shall be foreclosed by paying fund value available at
that point of time. However, In-force premium paying policies shall not be foreclosed during the
premium payment term.
For Single Pay:

At any point of time during the policy term after the premium payment term, if the fund value goes
below 10% of single premium, the policy shall be foreclosed by paying fund value available at that
point of time.
TERMINATION OF THE POLICY

The Policy will be terminated on the earliest of the following:
a. On Cancellation during Free Look Period
b. The date on which Policy is foreclosed
c. The date of payment of Maturity Benefit
d. On payment of proceeds of the Discontinuance Policy Fund or Surrender Value, as applicable
27
e. At the expiry of the Revival Period, if the Policy has not been revived and provided the said
Policy has not been converted into a Paid-Up Status.
f. The date of payment of death benefit (Excluding for polices where Waiver of Premium is
triggered and First Death in case of Wealth Option - Joint Life)
g. Date of payment of Fund Value in case of diagnosis of covered CI within the Waiting
Period for Wealth + Care option
APPLICABLE CHARGES
MORTALITY CHARGES
Mortality charge will be deducted at the beginning of each policy month by cancellation of an
appropriate number of units at the corresponding Net Asset Value.
Mortality charge will be based on the Plan Option, attained age of the Life Insured, Rate as per
Mortality Charge Table, and the applicable Sum at Risk
Indicative annual charges per thousand life cover for a healthy male and female life are as
shown below:
AGE (YRS) 30 40 50 60
MALE (RS.) 1.1724 2.0160 5.3232 13.3944
FEMALE (RS.) 1.1208 1.6296 3.8016 10.7100
MORBIDITY CHARGES (APPLICABLE OF WEALTH + CARE OPTION ONLY)

Morbidity charge will be deducted at the beginning of each policy month by cancellation of an
appropriate number of units at the corresponding Net Asset Value.
Morbidity charge will be based on the attained age of the Life Insured, Morbidity Rate and the
applicable Sum at Risk
PARTIAL WITHDRAWAL CHARGES

Partial Withdrawals including any payouts under Smart Withdrawal Facility (SWF) are free of
any charge.
PREMIUM ALLOCATION CHARGES

These are expressed as percentage of premium and are levied through the first 9 years only. It
is deducted from the premium amount at the time of premium payment and balance units are
allocated in the chosen funds thereafter.
28
PREMIUM ALLOCATION CHARGE PER ANNUM
REGULAR PREMIUM, 5 PAY, 7 PAY, 10 PAY
POLICY YEAR
SINGLE
PREMIUM HALF-YEARLY, QUARTERLY,
ANNUAL MODE
MONTHLY MODES
1 3% Direct Sales: 8% Direct Sales: 8%

Other than Direct Sales: 9% Other than Direct Sales: 9%
2-5 NA 4.5% 3.25%
6-7 NA 4.5% 3.5%
8-9 NA 3.5% 3.5%
10 onwards NA Nil Nil
The premium allocation charge for Top up premiums is 2%.
POLICY ADMINISTRATION CHARGES

The following Policy Administration Charge would be deducted from the Fund Value at the
beginning of each month by cancellation of an appropriate number of Units using the relevant
NAV of these Units, irrespective of the receipt of due Installment Premium at the premium due
date.
(i) Single Premium Policies: 0.70% P.A. of the Single premium across the policy term
(ii) Other than Single Premium Policies: 1.4% P.A of the Annualized Premium, inflating at 5% to
a maximum of 2.2% P.A.
Policy Administration Charges would be deducted throughout the policy term. Under no
circumstances this Charges would exceed Rs 500 per month.
The Policy Administration Charge would be deducted from the Segregated Funds in proportion
to respective Fund Values available in each of the subscribed Segregated Funds as on the due
date of deduction
29
FUND MANAGEMENT CHARGE
The fund management charge is levied as a percentage of the Value of Assets underlying the Unit
Fund and shall be appropriated by adjusting the Net Asset Value. This is a charge levied at the
time of computation of the Net Asset Value, which is done on a daily basis.
FUND MANAGEMENT
FUND OPTION SFIN
CHARGES (P.A.)
Protector II ULIF00915/12/09PROTECTOR2117 1.00%
Bond Opportunities Fund ULIF02401/01/18BONDOPPORT117 1.00%
Liquid Fund ULIF01909/10/15LIQUIDFUND117 1.00%
Balancer II ULIF01015/12/09BALANCER2F117 1.15%
Balanced Opportunities Fund ULIF02301/01/18BALANCEOPP117 1.15%
Multiplier III ULIF01809/10/15MULTIPLIE3117 1.25%
Premier Multi-cap Fund ULIF02101/01/18MULTICAPFN117 1.25%
Mid Cap Fund ULIF02501/01/18MIDCAPFUND117 1.25%
CREST (thematic fund) ULIF02201/01/18CRESTTHEMF117 1.25%
Flexi Cap ULIF01315/12/09FLEXICAPFN117 1.25%
Virtue II ULIF01215/12/09VIRTUE2FND117 1.25%
India Opportunities Fund ULIF02710/12/21DREAMSFUND117 1.35%
Sustainable Equity Fund ULIF02610/12/21SUSTAINFND117 1.35%
Small Cap Fund ULIF02819/02/24SMALLCAPFN117 1.25%
Bharat Manufacturing Fund ULIF02901/08/24BHARATFUND117 1.25%
Bharat Consumption Fund ULIF03015/11/24CONSUMFUND117 1.25%
Discontinued Fund ULIF01721/12/10DISCONTINU117 0.50%
30
DISCONTINUANCE OR SURRENDER CHARGES
The Discontinuance Charges specified below are expressed either as a percentage of the fund
value (FV) or as a percentage of the annualized premium (AP) or Single Premium:
For Single Premium Policies:
Where the policy DISCONTINUANCE CHARGES

is discontinued
during the
Policy Year ANNUALISED PREMIUM <= ANNUALISED PREMIUM >
3,00,000 3,00,000
1 Lower of 2% * (SP or FV) subject Lower of 1% * (SP or FV) subject

to maximum of Rs.3,000 to maximum of Rs.6,000
2 Lower of 1.5% * (SP or FV) subject Lower of 0.7% * (SP or FV) subject
to maximum of Rs.2,000 to maximum of Rs.5,000
3 Lower of 1% * (SP or FV) subject Lower of 0.5% * (SP or FV)
to maximum of Rs.1,500 subject to maximum of Rs.4,000
4 Lower of 0.5% * (SP or FV) Lower of 0.35% * (SP or FV)
subject to maximum of Rs.1,000 subject to maximum of Rs.2,000
5+ Nil Nil
For other than Single Premium Policies:
Where the policy DISCONTINUANCE CHARGES

is discontinued
during the
Policy Year ANNUALISED PREMIUM <= ANNUALISED PREMIUM >
50,000 50,000
1 Lower of 20% * (AP or FV) Lower of 6% * (AP or FV)

5+ Nil Nil
No discontinuance charges would be imposed on Top up premiums
SWITCHING CHARGES
You can make unlimited switches in a Policy Year free of any charge.
GOODS AND SERVICES TAX CHARGES

This charge as notified by the Government from time to time will be made by redemption of
appropriate number of units at the applicable Net Asset Value. Goods and Services tax shall be
on Mortality Charges, Morbidity Charges, Policy Administration Charges, Premium Allocation
Charges and Fund Management Charges as per prevailing regulations.
31
REVISION IN RATE OF CHARGES
We reserve the right to increase / decrease the fund management charge and the policy
administration charge with prior intimation as per process prescribed by the Authority.
The following limits are applicable:
• Fund Management Charge may be increased up to the maximum allowable as per then
applicable regulations, currently as per the Regulations a maximum of 1.35% pa applies to
fund management charge.
• Policy Administration Charge may be increased up to of a maximum 5% of the premiums
per annum subject to the maximum permitted by the Regulation. The company has put an
upper limit on this charge of Rs 6,000 pa.
ANNEXURE A
DEFINITION OF THE LISTED CRITICAL ILLNESS

1) First Heart Attack – Of Specified Severity
The first occurrence of heart attack or myocardial infarction, which means the death of a
portion of the heart muscle as a result of inadequate blood supply to the relevant area. The
diagnosis for Myocardial Infarction will be evidenced by all of the following criteria:
• A history of typical clinical symptoms consistent with the diagnosis of Acute
Myocardial Infarction (for e.g. typical chest pain)
• new characteristic electrocardiogram changes
• elevation of infarction specific enzymes, Troponins or other specific biochemical
markers.
The following are excluded:
• A rise in cardiac biomarkers or Troponin T or I in absence of overt ischemic heart
disease OR following an intra-arterial cardiac procedure;
• Other acute Coronary Syndromes
• Any type of angina pectoris
2) Open Chest CABG

The actual undergoing of heart surgery to correct blockage or narrowing in one or more
coronary artery(s), by coronary artery bypass grafting done via a sternotomy (cutting
through the breast bone) or minimally invasive keyhole coronary artery bypass procedures.
The diagnosis must be supported by a coronary angiography and the realization of surgery
has to be confirmed by a cardiologist.
• Angioplasty and/or any other intra-arterial procedures
32
3) Cancer of Specified Severity
A malignant tumor characterized by the uncontrolled growth and spread of malignant cells
with invasion and destruction of normal tissues. This diagnosis must be supported by
histological evidence of malignancy. The term cancer includes leukemia, lymphoma and
sarcoma.
The following are excluded –
• All tumors which are histologically described as carcinoma in situ, benign,
premalignant, borderline malignant, low malignant potential, neoplasm of unknown
behavior, or non-invasive, including but not limited to: Carcinoma in situ of breasts,
Cervical dysplasia CIN-1, CIN - 2 and CIN-3.
• Any non-melanoma skin carcinoma unless there is evidence of metastases to lymph
nodes or beyond;
• Malignant melanoma that has not caused invasion beyond the epidermis;
• All tumors of the prostate unless histologically classified as having a Gleason score
greater than 6 or having progressed to at least clinical TNM classification T2N0M0
• All Thyroid cancers histologically classified as T1N0M0 (TNM Classification) or below;
• Chronic lymphocytic leukemia less than RAI stage 3
• Non-invasive papillary cancer of the bladder histologically described as TaN0M0 or of
a lesser classification,
• All Gastro-Intestinal Stromal Tumors histologically classified as T1N0M0 (TNM
Classification) or below and with mitotic count of less than or equal to 5/50 HPFs.
4) Kidney failure requiring regular dialysis

End stage renal disease presenting as chronic irreversible failure of both kidneys to
function, as a result of which either regular renal dialysis (haemodialysis or peritoneal
dialysis) is instituted or renal transplantation is carried out. Diagnosis has to be confirmed
by a specialist medical practitioner.
5) Stroke resulting in permanent symptoms

Any cerebrovascular incident producing permanent neurological sequelae. This includes
infarction of brain tissue, thrombosis in an intracranial vessel, haemorrhage and
embolisation from an extracranial source. Diagnosis has to be confirmed by a specialist
medical practitioner and evidenced by typical clinical symptoms as well as typical findings
in CT Scan or MRI of the brain. Evidence of permanent neurological deficit lasting for at
least 3 months has to be produced.
• Transient ischemic attacks (TIA)
• Traumatic injury of the brain
• Vascular disease affecting only the eye or optic nerve or vestibular functions.
33
Exclusions for the Critical Illness Benefit
The following are the minimum exclusions for the WoP on CI benefit with Wealth + Care
Option. Additional exclusions are disease-specific and are incorporated into the definition of
the disease.
Apart from the disease specific exclusions given along with definitions of diseases, no waiver
of premium benefit (care benefit) will be payable if the Critical Illness is caused or aggravated
directly or indirectly by any of the following acts of the life insured unless those are beyond
his / her control. Benefits shall not be paid in case of claims arising as a result of any of the
following:
• Any diseases occurring within 90 days of the start of coverage or date of revival (i.e.
during the waiting period). In case of diagnosis of a Critical Illness condition contracted
during the Waiting Period, fund value as available on the date of intimation of critical
illness claim shall be paid to the policyholder and the policy will terminate;
• Failure to follow medical advice;

• Any condition that is pre-existing at the time of inception of the policy
a. Pre-existing Disease means any condition, ailment, injury or disease: That is/are
diagnosed by a physician within 36 months prior to the effective date of the policy
issued by the insurer or its reinstatement.
b. For which medical advice or treatment was recommended by, or received from, a
physician within 36 months prior to the effective date of the policy or its reinstatement.
• Intentional self-inflicted injury, attempted suicide.
• Insured person being under the influence of drugs, alcohol, narcotics or psychotropic
substances unless taken in accordance with the lawful directions and prescription of a
registered medical practitioner;
• War, invasion, act of foreign enemy, hostilities (whether war be declared or not), armed or
unarmed truce, civil war, mutiny, rebellion, revolution, insurrection, military or usurped
power, riot or civil commotion, strikes;
• Participation by the insured person in a criminal or unlawful act with illegal or criminal
intent;
• Engaging in or taking part in professional or adventure sport(s) which are hazardous in
nature including but not limited to, diving or riding or any kind of race; underwater
activities involving the use of breathing apparatus or not; martial arts; hunting;
mountaineering; parachuting; bungee-jumping;
• Nuclear Contamination; the radio-active, explosive or hazardous nature of nuclear fuel
materials or property contaminated by nuclear fuel materials or accident arising from such
nature.
• Any congenital condition.
Survival Period – The Life Assured must survive for at least 30 days from the date of diagnosis
of the listed CI, to avail the waiver of premium benefit under the Wealth + Care option.
34
NOMINATION
Nomination should be in accordance with provisions of Section 39 of the Insurance Act 1938 as
amended from time to time. Nomination of this Policy is not applicable if the Policy has been
effected under Section 6 of the Married Women’s Property Act 1874
ASSIGNMENT
Assignment should be in accordance with provisions of Section 38 of the Insurance Act 1938 as
amended from time to time. Assignment of this Policy is not applicable if the Policy has been
effected under Section 6 of the Married Women’s Property Act 1874.
TAXATION
Tax benefits under this plan may be available as per the provisions and conditions of the Income
Tax Act, 1961 and are subject to any changes made in the tax laws in future. Please consult your
tax advisor for advice on the availability of tax benefits for the Premiums paid and proceeds
received under the policy for more details.
SUICIDE EXCLUSION
In case of death due to suicide within 12 months from the date of commencement of Risk or
from the date of revival of the policy, as applicable, the nominee or beneficiary of the
policyholder shall be entitled to the Fund Value, as available on the date of intimation of death.
Further any charges other than Fund Management Charges (FMC) and guarantee charges
recovered subsequent to the date of death shall be added back to the fund value as available on
the date of intimation of death.
RISKS INHERENT IN THE

SEGREGATED FUNDS:
Due to the nature of the Segregated Funds, the Company does not guarantee the price of the
Units of any of the Segregated Funds offered by it. Unit Linked Life Insurance products are
different from the traditional insurance products and are subject to the risk factors.
The Insured (and the Policyholder, if different) is aware that the investment in units is subject,
inter alia (amongst others), to the following risks:
• PNB MetLife India Insurance Company is the name of the Insurance Company and PNB
MetLife Goal Ensuring Multiplier is only the name of the unit linked life insurance contract
and does not in any way indicate the quality of the contract, its future prospects or
returns
• Any investment in Segregated Funds available under the Policy is subject to market risks
and other risks.
35
• The premium paid in Unit Linked Insurance policies are subject to investment risks
associated with capital markets and the NAVs of the units may go up or down based on
the performance of fund and factors influencing the capital market and the insured is
responsible for his/her decisions.
• The investment risk in the investment portfolio will be borne by you.
• There is no assurance that the objectives of any of the Segregated Funds will be achieved;
• The NAV of any of the Segregated Funds may increase or decrease as per the
performance of financial markets;
• The past performance of any of the Segregated Funds does not indicate the future
performance of these funds.
• The Segregated Funds, except the Discontinued Policy Fund, do not offer a guaranteed or
assured return;
• All benefits payable under the Policy are subject to the tax laws and other
legislations/regulations as they exist from time to time; Please know the associated risks
from the Financial advisor or the intermediary
• The various funds offered under this contract are the names of the funds and do not in any
way indicate the quality of these plans, their future prospects and returns.
GRIEVANCE REDRESSAL
In case you have any query or complaint or grievance. You may approach any of Our following
touch points:
• Call 1800-425-69-69 (Toll free)
• Email at [email protected]
• Write to
Customer Service Department,
1st Floor, Techniplex -1, Techniplex Complex, Off Veer Savarkar Flyover,
Goregaon (West), Mumbai – 400062.
• Online through Our website www.pnbmetlife.com
• Our nearest PNB MetLife branch across the country
For any escalation with the resolution provided by the above touch points, you may, write to
Our Grievance Redressal Officer at [email protected]
If you do not get appropriate resolution, you may approach Insurance Ombudsman on
https://www.cioins.co.in/Ombudsman
EXTRACT OF SECTION 41 OF THE

INSURANCE ACT, 1938, AS AMENDED FROM
TIME TO TIME STATES
(1) No person shall allow or offer to allow, either directly or indirectly, as an inducement to any
person to take out or renew or continue an insurance in respect of any kind of risk relating
to lives or property in India, any rebate of the whole or part of the commission payable or
any rebate of the premium shown on the policy, nor shall any person taking out or renewing
or continuing a policy accept any rebate, except such rebate as may be allowed in
accordance with the published prospectuses or tables of the insurer
(2) Any Person making default in complying with the provisions of this section shall be
punishable with fine which may extend to ten lakh rupees
36
FRAUD AND MISSTATEMENT
Treatment will be as per Section 45 of the Insurance Act, 1938 as amended from time to time.
• Please read this Sales brochure carefully before concluding any sale.
• This product brochure is only indicative of terms, conditions, warranties and exceptions
contained in the insurance policy. The detailed Terms and Conditions are contained in the
Policy Document.
Policy shall not be called in question on ground of misstatement after three years.
(1) No policy of life insurance shall be called in question on any ground whatsoever after the expiry
of three years from the date of the policy, i.e., from the date of issuance of the policy or the
date of commencement of risk or the date of revival of the policy or the date of the rider to the
policy, whichever is later.
(2) A policy of life insurance may be called in question at any time within three years from the date
of issuance of the policy or the date of commencement of risk or the date of revival of the
policy or the date of the rider to the policy, whichever is later, on the ground of fraud:
Provided that the insurer shall have to communicate in writing to the insured or the legal
representatives or nominees or assignees of the insured the grounds and materials on which
such decision is based.
Explanation I.— For the purposes of this sub-section, the expression "fraud" means any of
the following acts committed by the insured or by his agent, with intent to deceive the
insurer or to induce the insurer to issue a life insurance policy:—
(a) the suggestion, as a fact of that which is not true and which the insured does not believe to
be true;
(b) the active concealment of a fact by the insured having knowledge or belief of the fact;
(c) any other act fitted to deceive; and
(d) any such act or omission as the law specially declares to be fraudulent.
Explanation II. — Mere silence as to facts likely to affect the assessment of the risk by the
insurer is not fraud, unless the circumstances of the case are such that regard being had to
them, it is the duty of the insured or his agent keeping silence, to speak, or unless his silence
is, in itself, equivalent to speak.
(3) Notwithstanding anything contained in sub-section (2), no insurer shall repudiate a life
insurance policy on the ground of fraud if the insured can prove that the misstatement of or
suppression of a material fact was true to the best of his knowledge and belief or that there
was no deliberate intention to suppress the fact or that such misstatement of or suppression of
a material fact are within the knowledge of the insurer:
Provided that in case of fraud, the onus of disproving lies upon the beneficiaries, in case the
policyholder is not alive.
Explanation. — A person who solicits and negotiates a contract of insurance shall be deemed
for the purpose of the formation of the contract, to be the agent of the insurer.
(4) A policy of life insurance may be called in question at any time within three years from the date
of issuance of the policy or the date of commencement of risk or the date of revival of the
policy or the date of the rider to the policy, whichever is later, on the ground that any
statement of or suppression of a fact material to the expectancy of the life of the insured
was incorrectly made in the proposal or other document on the basis of which the policy
was issued or revived or rider issued:
37
Provided that the insurer shall have to communicate in writing to the insured or the legal
representatives or nominees or assignees of the insured the grounds and materials on which
such decision to repudiate the policy of life insurance is based:
Provided further that in case of repudiation of the policy on the ground of misstatement or
suppression of a material fact, and not on the ground of fraud, the premiums collected on the
policy till the date of repudiation shall be paid to the insured or the legal representatives or
nominees or assignees of the insured within a period of ninety days from the date of such
repudiation.
Explanation. —For the purposes of this sub-section, the misstatement of or suppression of
fact shall not be considered material unless it has a direct bearing on the risk undertaken by the
insurer, the onus is on the insurer to show that had the insurer been aware of the said fact no
life insurance policy would have been issued to the insured.
(5) Nothing in this section shall prevent the insurer from calling for proof of age at any time if he
is entitled to do so, and no policy shall be deemed to be called in question merely because the
terms of the policy are adjusted on subsequent proof that the age of the life insured was
incorrectly stated in the proposal.
ABOUT PNB METLIFE

PNB MetLife India Insurance Company Limited (PNB MetLife) is one of the leading life
insurance companies in India. PNB MetLife has as its shareholders MetLife International
Holdings LLC (MIHL), Punjab National Bank Limited (PNB), Jammu & Kashmir Bank Limited
(JKB), M. Pallonji and Company Private Limited and other private investors, MIHL and PNB
being the majority shareholders. PNB MetLife has been present in India since 2001.
PNB MetLife brings together the financial strength of a leading global life insurance provider,
MetLife, Inc., and the credibility and reliability of PNB, one of India's oldest and leading
nationalised banks. The vast distribution reach of PNB together with the global insurance
expertise and product range of MetLife makes PNB MetLife a strong and trusted insurance
provider.
For more information, visit www.pnbmetlife.com
Unit-linked life insurance products are different from the traditional insurance products and are subject to risk factors. Premiums paid in unit-linked life insurance policies are
subject to investment risks associated with capital markets, and NAVs of the units may go up or down, based on the performance of the fund and factors influencing the capital
market and the insured is responsible for his/her decisions. PNB MetLife Insurance Company Limited is only the name of the Life Insurance Company and PNB MetLife Goal
Ensuring Multiplier Plan is only the name of the unit-linked life insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns.
Please know the associated risks and the applicable charges from your insurance agent or intermediary or policy document issued by us. The various funds offered under this
contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns. The past performance of the funds is not
indicative of the future performance. For Further details on all the conditions exclusions related to product, please contact our insurance advisors.
!
Return of Fund Management Charges (ROFMC) for Single pay & 5 Pay would be for FMC deducted for rst 5 years and for 7 pay & above would be for FMC deducted for rst 7
years. This will be credited back at the end of the 10th policy year. $Return of Premium Allocation Charges (ROPAC) is expressed as percentage of Premium Allocation charges
deducted in the policy. The value of ROPAC would be 150% for policies with term greater than or equal to 20 years (paid equally at end of 10th, 15th and 20th policy year), 100%
for policy term 15-19 years (paid equally at the end of 10th and 15th year) and 50% for policy term 10-14 years (at the end of 10th year). %Return of Mortality Charges (ROMC) is
expressed as percentage of mortality charges deducted in the policy (net of any taxes). ROMC is not available for Single Pay. **Tax Benefits under this plan may be available as
per the provisions and conditions of the Income Tax Act, 1961 and are subject to any changes made in the tax laws in future. Please consult your tax advisor for advice on the
availability of tax benefits for the Premiums paid and proceeds received under the policy for more details. ##Waiver of Premium on death is available in Smart Child, Goal Assured
& Income Assured options and Waiver of Premium on critical illness is available in Wealth + Care option. PNB MetLife India Insurance Company Limited, Registered address:
Unit No. 701, 702 & 703, 7th Floor, West Wing, Raheja Towers, 26/27 M.G. Road, Bangalore - 560001, Karnataka. IRDAI Registration number 117. CIN no.
U66010KA2001PLC028883. This product brochure is only indicative of terms, conditions, warranties and exceptions contained in the insurance policy. The detailed Terms and
Conditions are contained in the Policy Document. This version of the document invalidates all previous printed versions for this particular plan. Trade Logo displayed above
belongs to Punjab National Bank and Metropolitan Life Insurance Company respectively and used by PNB MetLife India Insurance Company Limited under License. Email:
[email protected] or Write to us: 1st Floor, Techniplex-1, Techniplex Complex, Off Veer Savarkar Flyover, Goregaon (West), Mumbai - 400062, Maharashtra.
AD-F/2024-25/1117.
BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS!

IRDAI or its officials do not involve in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to
lodge a police complaint.

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IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER.

The unit linked insurance products do not offer

of a plan to make your

Goal Ensuring Multiplier

Tax Benefits under Section

Karo Bade Sapnon Ki Tayyari.

UNIQUE VALUE PROPOSITION OF

Sr PLAN OPTION SCOPE OF BENEFITS

1 Wealth A simple wealth creation tool with life cover

• Select your preferred fund management strategy:

Highest of the following amounts:

Plus, the highest of the following amounts

WAIVER OF PREMIUM ON DEATH

This Benefit is applicable as follows

Maximum Entry Single Life: 60

Single Pay: Rs 20,000/-

Joint life coverage

STEP 1 STEP 2 STEP 3 STEP 4

Premium payment of Rs. 1,00,000/- for 20 years

Year 0 Year 10 Year 15 Year 20

Death Benefit of Minimum Rs. 10,00,000/- across the Policy Term

ROPAC Rs. 21,500/- ROPAC Rs. 21,500/- ROPAC Rs. 21,500/-

ROFMC Fund Booster Fund Booster

STEP 1 STEP 2 STEP 3 STEP 4

Death of any one of

Year 0 Year 3 Year 5 Year 10

ROPAC Rs. 3,750/-

Fund Booster ROFMC

WL : 99 – Single Pay, 5 Pay,

Joint 0 (30 days) 55 65 10 Single Pay

Minimum Annualized Premium – Rs. 18,000/-

STEP 1 STEP 2 STEP 3 STEP 4

Premium payments waived off

Year 0 Year 3 Year 10 Year 15 Year 17

ROPAC Rs. 53,750/- ROPAC Rs. 53,750/- ROFMC

PNB METLIFE GEM WEALTH + CARE PLAN

• Cancer of Specified Severity

STEP 1 STEP 2 STEP 3 STEP 4

Cancer Future premium payments waived off

Year 0 Year 5 Year 10 Year 15

ROPAC Rs. 32,250/- ROPAC Rs. 32,250/- ROPAC Rs. 32,250/-

ROFMC Fund Booster Fund Booster

18 60 85 10 25 5 Pay, 7 Pay, 10 Pay &

STEP 1 STEP 2 STEP 3 STEP 4

Death of Rs. 10,00,000/-

Year 0 Year 2 Year 7 Year 10 Year 15

ROPAC Rs. 18,000/- ROPAC Rs. 18,000/-

ROFMC Fund Booster

5 Pay, 7 Pay, 10 Pay &

Minimum Annualized Premium – Rs. 18,000/-

PNB METLIFE GEM – INCOME ASSURED

STEP 1 STEP 2 STEP 3 STEP 4

Premium payments waived off

Year 0 Year 3 Year 5 Year 10

Boundary Conditions of Income Assured Option

5 Pay, 7 Pay, 10 Pay &

RETURN OF FUND MANAGEMENT CHARGES (ROFMC)

PPT OF THE POLICY VALUE OF UNITS ADDED

Total Fund Management Charges (FMC) deducted

RETURN OF PREMIUM ALLOCATION CHARGES (ROPAC)