{"uin":"117L138V06","name":"PNB MetLife Smart Invest Pension Plan Pro","url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06","insurer":{"slug":"pnb-metlife-insurance","name":"PNB MetLife India Insurance Company Limited","url":"https://indiainsurances.com/insurer/pnb-metlife-insurance"},"line":"life","category":"ulip","category_name":"ULIPs (unit-linked plans)","irdai_type":"ULIP","kind":"product","status":"active","approved_on":"2025-09-16","withdrawn_on":null,"summary":"PNB MetLife Smart Invest Pension Plan Pro is an individual, non-participating, unit linked pension savings plan with Retire Secure and Retire Secure Plus plan options. It has a 5-year lock-in period, no premium allocation charge and no policy administration charge.","analysis":{"state":"machine","analysed_at":"2026-10-20 07:22:16.774867+00","note":"First pass: one AI reading; every stated fact carries a verbatim quote found in the cited clause, but it has not been reviewed. Check the clause before relying on it."},"facts":[{"key":"plan_variants","label":"Plans and variants","section":"Overview","meaning":"The named plans inside this product (not cover types or payout options). Facts can differ between them.","status":"quote-verified","value":["Retire Secure","Retire Secure Plus"],"display":"Retire Secure and Retire Secure Plus","note":null,"quote":"At inception of Your Policy, You can choose between two Plan Options: Retire Secure and Retire Secure Plus. Once chosen, the Plan Option cannot be altered throughout the Policy Term.","sources":[{"clause":null,"heading":"3.1. Policy Benefits","page":13,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-3-1-policy-benefits"}],"law":[]},{"key":"policy_term","label":"Policy term","section":"Eligibility","meaning":"How long one policy runs before it ends or must be renewed.","status":"quote-verified","value":"Minimum policy term is 10 years for Single Pay, Regular Pay and Limited Pay 5 years; 12 years for Limited Pay 7 years; 15 years for Limited Pay 10 years; and 20 years for Limited Pay 15 years. Maximum policy term is 40 years for Single Pay and 50 years for Limited Pay or Regular Pay.","display":"Minimum 10/12/15/20 years by PPT; maximum 40 years for Single Pay and 50 years for Limited Pay / Regular Pay","note":"From the sales brochure. Single Pay is available only with Retire Secure.","quote":"Minimum Policy Term | PPT | PT\nSingle Pay#, Regular Pay, Limited Pay 5 years | 10 years\nLimited Pay 7 years | 12 years\nLimited Pay 10 years | 15 years\nLimited Pay 15 years | 20 years\nMaximum Policy Term | Single Pay# - 40 years Limited Pay / Regular Pay- 50 years | Limited Pay / Regular Pay: 50 years","sources":[{"clause":null,"heading":"PNB MetLife Smart Invest Pension Plan Pro at a glance","page":3,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30542#c-pnb-metlife-smart-invest-pension-plan-pro-at-a-g"}],"law":[]},{"key":"claim_intimation","label":"Claim intimation deadline","section":"Claims","meaning":"How soon you must tell the insurer about a claim or hospitalisation.","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 20, 21","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_documents","label":"Claim documents","section":"Claims","meaning":"Documents the insurer asks for when you claim.","status":"quote-verified","value":["Duly filled and signed Claim form by Bonafide nominee","Copy of valid death certificate issued by local authority","Claimant’s Current address proof & Photo identity proof of Bonafide nominee","Cancelled cheque / Copy of bank passbook of the Bonafide nominee","PAN Card/Form 60 of the Bonafide Nominee","Doctor’s Certificate prescribed in PNB MetLife Format","FIR, Panchnama and Postmortem Report for accident, suicide and murder","Complete Medical records and Medical cause of death certificate if death at home & hospital"],"display":"Claim form, death certificate, nominee KYC/address proof, bank details, PAN/Form 60, doctor’s certificate, and cause-specific documents","note":"PNB MetLife reserves the right to call for additional documents or evidence if required.","quote":"1. Duly filled and signed Claim form by Bonafide nominee.\n2. Copy of valid death certificate issued by local authority.\n3. Claimant’s Current address proof & Photo identity proof of Bonafide nominee.\n4. Cancelled cheque / Copy of bank passbook of the Bonafide nominee.\n5. PAN Card/Form 60 of the Bonafide Nominee.\n6. **Doctor’s Certificate prescribed in PNB MetLife Format ... If the death is due to accident, suicide, and murder then below additional documents required:\n• Copy of the First Information Report (FIR), Panchnama and Postmortem Report (PMR), Viscera report if applicable ... If the death at home & hospital, then below additional documents required:\n• Complete Medical records for any treatment taken in past or at the time of death o Indoor Case papers o Death summary o Discharge summary\n• Medical cause of death certificate","sources":[{"clause":null,"heading":"6.5. Claims Procedure","page":34,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-6-5-claims-procedure"}],"law":[{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 17","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 23","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_settlement_time","label":"Claim settlement time promised","section":"Claims","meaning":"How quickly the policy says a claim is decided or paid, and from when that is counted (intimation or last document).","status":"quote-verified","value":"For cases not warranting investigation, claim settlement TAT is 15 days from date of intimation of claim. For cases warranting investigation, it is 45 days from date of intimation of claim.","display":"15 days from claim intimation; 45 days if investigation is required","note":null,"quote":"Turn Around Time (TAT) for claims settlement and brief procedure – a. For cases not warranting investigation – 15 days from date of intimation of claim b. For cases warranting investigation – 45 days from date of intimation of claim","sources":[{"clause":null,"heading":"CUSTOMER INFORMATION SHEET/KNOW YOUR POLICY","page":3,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-customer-information-sheet-know-your-policy-2"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 64UM(4) to (6)","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 10","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 15","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 16","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(i), V.3(ii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.4","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 23","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"The Motor Vehicles Act, 1988: Chapter XI, insurance of motor vehicles against third party risks","section":"Section 149","url":"https://indiainsurances.com/law/motor-vehicles-act-1988"}]},{"key":"exclusions_main","label":"Main exclusions","section":"Exclusions","meaning":"What the policy does not pay for, in the policy's own words.","status":"quote-verified","value":["Death caused due to Suicide within first 12 months.","Risk cover and rider cover, if any, shall cease.","Risk cover and minimum Death Benefit will not apply.","no risk cover shall be available on such Policy during the Discontinuance period."],"display":"Suicide within first 12 months; no risk cover/rider cover on discontinuance during lock-in; no risk cover or minimum death benefit while in the Pension Discontinued Fund","note":null,"quote":"Exclusions applicable to Death Benefit: Death caused due to Suicide within first 12 months. ... Upon expiry of the Grace Period, in case of Discontinuance of Policy due to non-payment of Premium during first 5 (five) Policy Years, the total Fund Value after deducting the applicable Discontinuance Charges, shall be credited to the Pension Discontinued Fund and the risk cover and rider cover, if any, shall cease. ... • Risk cover and minimum Death Benefit will not apply. ... no risk cover shall be available on such Policy during the Discontinuance period.","sources":[{"clause":null,"heading":"CUSTOMER INFORMATION SHEET/KNOW YOUR POLICY","page":3,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-customer-information-sheet-know-your-policy-2"},{"clause":"8(a)","heading":null,"page":18,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-8-a-2"},{"clause":"8(II)","heading":null,"page":20,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-8-ii"},{"clause":"8(I)(b)","heading":null,"page":20,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-8-i-b"}],"law":[{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 11","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 16","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"grievance","label":"Grievance route","section":"Claims","meaning":"Who to complain to first, as stated in the policy, before going to the Insurance Ombudsman.","status":"quote-verified","value":"First approach PNB MetLife by phone, email, writing to the Grievance Redressal Department, online through its website, or nearest branch. If not satisfied with that resolution, write to the Grievance Redressal Officer at gro@pnbmetlife.co.in or the stated Gurugram address.","display":"Level 1: call/email/write/website/branch; Level 2: Grievance Redressal Officer at gro@pnbmetlife.co.in","note":null,"quote":"Level 1\nFor any complaint/grievance, approach any of Our following touch points:\n• Call 1800-425-69-69 (Toll free)\n• Email at indiaservice@pnbmetlife.co.in\n• Write to \"Grievance Redressal Department\", PNB MetLife India Insurance Co. Ltd., Unit no. 302, 3rd floor, Tower-3, Worldmark, Village Maidawas, Sector 65, ... • Online through Our website www.pnbmetlife.com\n• Our nearest PNB MetLife branch across the country\nLevel 2:\nIn case not satisfied with the resolution provided by the above touch points,:\n• Write to Our Grievance Redressal Officer at gro@pnbmetlife.co.in","sources":[{"clause":null,"heading":"Level 1","page":38,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-level-1"},{"clause":null,"heading":"District Gurugram, Haryana-122018","page":38,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-district-gurugram-haryana-122018"}],"law":[{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 3","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 4","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 5","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(11)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(42)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 34","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 69","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Insurance Act, 1938","section":"Section 38","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 12","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 19","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 20","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 13","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(5), 5(6)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(9)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 25","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 26","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule III, Para 11","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"Review of revision in premium rates under health insurance policies for senior citizens, 2025","section":"Para 3","url":"https://indiainsurances.com/law/irdai-senior-premium-2025"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 13","url":"https://indiainsurances.com/law/ombudsman-rules-2017"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 14","url":"https://indiainsurances.com/law/ombudsman-rules-2017"}]},{"key":"sum_assured","label":"Sum assured","section":"Cover","meaning":"The minimum and maximum life cover, or the rule that sets it (for example 10 times the annual premium).","status":"quote-verified","value":"Sum Assured is 105% of Total Premiums Paid up to the date of death, less any Partial Withdrawals made during the last 2 years immediately preceding the date of death. Partial Withdrawals from Top-Up Premium are not reduced for this purpose.","display":"105% of Total Premiums Paid up to death, less partial withdrawals in the last 2 years","note":null,"quote":"“Sum Assured” shall be equal to 105% of the Total Premiums Paid up to the date of death, less any Partial Withdrawals made during the last 2 (two)-years period immediately preceding the date of death of the Life Assured. Partial Withdrawals made from Top-Up Premium shall not be reduced for this purpose.","sources":[{"clause":"8(a)","heading":null,"page":13,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-8-a"}],"law":[]},{"key":"death_benefit","label":"Death benefit","section":"Cover","meaning":"What your family gets if you die during the term, and how it is calculated.","status":"quote-verified","value":"For Retire Secure, on death while in-force the claimant gets the highest of Rs.10,000, Fund Value including Top-Up Fund Value as on the date of intimation of death, or Sum Assured, and the policy terminates. For Retire Secure Plus, the claimant gets the higher of Rs.10,000 or Sum Assured and the policy continues till the end of the policy term; during the premium payment term, future premiums are waived and paid into the fund.","display":"Retire Secure: highest of Rs.10,000, Fund Value including Top-Up Fund Value, or Sum Assured. Retire Secure Plus: highest of Rs.10,000 or Sum Assured, with policy continuing to term and future premiums waived if death occurs during PPT.","note":null,"quote":"For Retire Secure Plan Option:\nIn the event of death of the Life Assured while the Policy is in-force, We will pay highest of following amounts to the Claimant:\n• Rs.10,000/-; or\n• Fund Value (Including Top-Up Fund Value, if any) as on the date of intimation of death; or\n• Sum Assured\nWith the payment of the Death Benefit the Policy shall immediately and automatically terminate. ... In the event of death of the Life Assured during the Premium Payment Term while the Policy is In-Force Status, We will pay highest of following amounts to the Claimant:\n• Rs.10,000/-; or\n• Sum Assured\nFurther, policy shall continue till the end of the Policy Term.\nAll future Premiums will be waived off ... In the event of death of the Life Assured, within the Policy Term but after the Premium Payment Term while the Policy is In-Force Status, We will pay highest of following amounts to the Claimant:\n• Rs.10,000/-; or\n• Sum Assured\nFurther, the Policy shall continue till the end of the Policy Term.","sources":[{"clause":"8(a)","heading":null,"page":13,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-8-a"},{"clause":null,"heading":"Options to Claimant to avail death benefit","page":13,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-options-to-claimant-to-avail-death-benefit"},{"clause":null,"heading":"Options to Claimant to avail death benefit","page":14,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-options-to-claimant-to-avail-death-benefit-2"}],"law":[]},{"key":"maturity_benefit","label":"Maturity benefit","section":"Cover","meaning":"What you get if you survive to the end of the term.","status":"quote-verified","value":"At vesting, the benefit is Total Fund Value including Top-Up Fund Value, if any. The policyholder or claimant may use the proceeds to buy immediate or deferred annuity, or commute up to 60% as lump sum and use the balance to buy annuity.","display":"Vesting Benefit is Total Fund Value including Top-Up Fund Value, with annuity or up to 60% commutation option","note":"Retire Secure pays the vesting benefit to the Policyholder; Retire Secure Plus pays it to the Claimant.","quote":"Vesting Benefit, which is Total Fund Value (including Top Up Fund Value, if any) will be payable on Survival of Life Assured as on the date of vesting, provided Policy is In-Force and all due premiums have been paid. ... Vesting Benefit, which is Total Fund Value (including Top Up Fund Value, if any) will be payable as on the date of vesting to the Claimant. ... • To utilize the entire proceeds to purchase immediate annuity or deferred annuity from the Company, at the then prevailing annuity rate; or\n• To commute up to 60% of the proceeds as lumpsum and to utilize the balance amount to purchase immediate annuity or deferred annuity","sources":[{"clause":"8(b)","heading":null,"page":15,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-8-b"}],"law":[]},{"key":"premium_paying_term","label":"Premium paying term","section":"Premium","meaning":"For how many years you pay premiums.","status":"quote-verified","value":"Retire Secure allows Single Pay, Regular Pay and Limited Pay of 5, 7, 10 or 15 years. Retire Secure Plus allows Regular Pay and Limited Pay of 5, 7, 10 or 15 years.","display":"Retire Secure: Single Pay, Regular Pay, Limited Pay 5/7/10/15 years. Retire Secure Plus: Regular Pay, Limited Pay 5/7/10/15 years.","note":"From the sales brochure. Single Pay is available only with Retire Secure.","quote":"Premium Payment Term | Single Pay# Regular Pay Limited Pay-5/7/10/15 years | Regular Pay Limited Pay-5/7/10/15 years","sources":[{"clause":null,"heading":"PNB MetLife Smart Invest Pension Plan Pro at a glance","page":3,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30542#c-pnb-metlife-smart-invest-pension-plan-pro-at-a-g"}],"law":[]},{"key":"maturity_age","label":"Maximum maturity age","section":"Eligibility","meaning":"The oldest age at which cover ends.","status":"quote-verified","value":"Maximum vesting age is 80 years for Retire Secure. For Retire Secure Plus, maximum vesting age is 75 years for Regular Pay if entry age is up to 40, 70 years for Regular Pay if entry age is above 40, and 75 years for Limited Pay.","display":"Retire Secure: 80 years. Retire Secure Plus: 75 years or 70 years depending on pay type and entry age.","note":"From the sales brochure. The policy uses the term vesting age.","quote":"Maximum Age* at Vesting | 80 years | Regular Pay: Upto Entry Age* 40: 75 years Entry Age* > 40: 70 years Limited Pay 75 years","sources":[{"clause":null,"heading":"PNB MetLife Smart Invest Pension Plan Pro at a glance","page":3,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30542#c-pnb-metlife-smart-invest-pension-plan-pro-at-a-g"}],"law":[]},{"key":"suicide_clause","label":"Suicide clause","section":"Exclusions","meaning":"What is paid if death is by suicide within the first 12 months.","status":"quote-verified","value":"If death of the Life Assured is due to suicide within 12 months from commencement of risk or revival, the claimant is entitled to Fund Value as available on the date of intimation of death, and charges other than FMC recovered after death are added back.","display":"Suicide within 12 months: Fund Value as on date of intimation of death, plus add-back of charges other than FMC recovered after death","note":null,"quote":"In case of death of the Life Assured, due to suicide within 12 (twelve) months from the Date of Commencement of Risk, or from the date of Revival of the Policy, as applicable, the Claimant shall be entitled to the Fund Value, as available on the date of intimation of death. Any Charges other than the Fund Management Charges (FMC) recovered subsequent to the date of death shall be added back to the Fund Value as available on the date of intimation of death.","sources":[{"clause":null,"heading":"6.11. Suicide Exclusion","page":36,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-6-11-suicide-exclusion"}],"law":[{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 21","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 35","url":"https://indiainsurances.com/law/irdai-life-products-2024"}]},{"key":"surrender","label":"Surrender value","section":"Renewal and rights","meaning":"What you get if you stop the policy early, and from when.","status":"quote-verified","value":"The policy can be surrendered at any time. During the lock-in period, Total Fund Value less applicable discontinuance charge is transferred to the Pension Discontinued Fund and is payable only after the lock-in period; after the lock-in period, total Fund Value is paid forthwith without discontinuance charge and the policy terminates.","display":"Surrender any time; during lock-in proceeds go to Pension Discontinued Fund and are payable after lock-in; after lock-in total Fund Value paid forthwith without discontinuance charge","note":"On waiver of premium benefit being triggered, the policy cannot be surrendered before completion of the Premium Paying Term.","quote":"You have the right to Surrender this Policy at any time during the Policy Term by giving Us a notice: ... During the Lock-in Period On receipt of intimation that You wish to Surrender the Policy, the Total Fund Value after deduction of applicable Discontinuance Charge, shall be transferred to the Pension Discontinued Fund and will be payable only upon the expiry of the Lock in Period. ... After the Lock-in Period On receipt of intimation that You wish to Surrender the Policy, the total Fund Value will be paid by Us forthwith without deduction of the Discontinuance Charges. Once a Policy is Surrendered, it is automatically terminated and cannot be revived.","sources":[{"clause":null,"heading":"4.3. Surrender","page":20,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-4-3-surrender"}],"law":[{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 26.1 to 26.3","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 26.4 and 26.5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 27","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.3","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.6","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.16 and 1.17","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(1) to (3)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(4) and (5)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(6) to (9)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(B)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 2(A)(vi)(c)(V)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"paid_up","label":"Paid-up value","section":"Renewal and rights","meaning":"What cover continues if you stop paying premiums after a few years.","status":"quote-verified","value":"After the lock-in period, if premium is not paid by the end of the grace period, the policy is converted into Reduced Paid-Up Status with Reduced Paid-up Sum Assured equal to 105% of Total Premiums Paid, reduced for partial withdrawals made in the last 2 years before death. Rider cover ceases and the waiver of premium benefit under Retire Secure Plus is not applicable.","display":"After lock-in: Reduced Paid-Up Policy with Reduced Paid-up Sum Assured of 105% of Total Premiums Paid","note":"For discontinuance during the first 5 policy years, the fund goes to the Pension Discontinued Fund and risk cover ceases.","quote":"Upon expiry of the Grace Period, in case of Discontinuance of a Policy due to non-payment of Premium after the Lock-in Period, the Policy shall be converted into a Reduced Paid-Up Policy where the Reduced Paid-up Sum Assured will be 105% of Total Premiums Paid. ... The waiver of Premium benefit under Retire Secure Plus Plan Option will not be applicable if the Policy is in the Reduced Paid-Up Status. ... The Policy shall continue to be in Reduced Paid-up Status, without any rider cover, if any. ... Reduced Paid-up Sum Assured will be reduced to the extent of Partial Withdrawals made in the last 2\n(two) years immediately preceding the date of death.","sources":[{"clause":"8(a)","heading":null,"page":19,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-8-a-3"},{"clause":"8(b)","heading":null,"page":19,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-8-b-3"},{"clause":"8(c)","heading":null,"page":19,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-8-c-3"},{"clause":"8(e)","heading":null,"page":19,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-8-e"}],"law":[]},{"key":"revival","label":"Revival period","section":"Renewal and rights","meaning":"How long after lapsing you can restart the policy.","status":"quote-verified","value":"A discontinued policy can be revived within the Revival Period of 3 years by paying all due and unpaid instalment premiums from default to proposed revival without interest or fee, subject to the company's Board Approved Underwriting Policy.","display":"3 years from the first unpaid premium; pay all due unpaid premiums without interest or fee, subject to BAUP","note":null,"quote":"Revival Period | A period of 3 (three) consecutive complete years from the date of first unpaid Premium. ... • The Policyholder paying all due and unpaid Installment Premiums that would have been payable from the date of default to the proposed date of Revival without any interest or fee.\n• The Revival of the Policy shall be subject to the Board Approved Underwriting Policy of the Company (BAUP).","sources":[{"clause":null,"heading":"2. Part B","page":9,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-2-part-b"},{"clause":null,"heading":"4.4. Policy Revival","page":21,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-4-4-policy-revival"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 50","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.1 and 40.1.2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.4","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.6","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.7","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, III.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.10","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.28","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.39","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"policy_loan","label":"Policy loan","section":"Renewal and rights","meaning":"Whether you can borrow against the policy.","status":"quote-verified","value":"Loans are not allowed under this policy.","display":"Loans are not allowed","note":null,"quote":"Loans are not allowed under this Policy.","sources":[{"clause":null,"heading":"4.10. Loans","page":23,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-4-10-loans"}],"law":[]},{"key":"riders_available","label":"Riders available","section":"Cover","meaning":"Optional add-ons such as accidental death, critical illness or waiver of premium.","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[]},{"key":"section45","label":"Claims after 3 years (Section 45)","section":"Claims","meaning":"After 3 years a life policy cannot be questioned on any ground, and only for fraud with proof before that.","status":"quote-verified","value":"No life insurance policy can be called in question on any ground after expiry of 3 years from issuance, commencement of risk, revival or rider date, whichever is later. Within 3 years, it may be called in question for fraud or material misstatement, with written communication of grounds and materials; for non-fraud misstatement, collected premiums are paid within 90 days from repudiation.","display":"Cannot be questioned after 3 years; within 3 years for fraud or material misstatement, with written grounds","note":null,"quote":"No Policy of Life Insurance shall be called in question on any ground whatsoever after expiry of 3 yrs from a. the date of issuance of policy; or b. the date of commencement of risk; or c. the date of revival of policy; or d. the date of rider to the policy, whichever is later. ... On the ground of fraud, a policy of Life Insurance may be called in question within 3 years ... Life insurance Policy can be called in question within 3 years on the ground that any statement of or suppression of a fact material to expectancy of life of the insured was incorrectly made ... In case repudiation is on ground of mis-statement and not on fraud, the premium collected on policy till the date of repudiation shall be paid to the insured or legal representative or nominee or assignees of insured, within a period of 90 days from the date of repudiation.","sources":[{"clause":"01","heading":null,"page":48,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-01-3"},{"clause":"02","heading":null,"page":48,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-02-3"},{"clause":"06","heading":null,"page":48,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-06-2"},{"clause":"07","heading":null,"page":48,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-07-3"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 45","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 10","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 10","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, IV.6","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 8","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"tax_note","label":"Tax note in the document","section":"Premium","meaning":"What the document says about tax benefits. Not stated when it only says taxes are charged on the premium. Tax law changes; confirm separately.","status":"quote-verified","value":"The document says tax benefits on the policy are as per prevailing tax laws in India and amendments from time to time, and that tax laws are subject to change.","display":"Tax benefits as per prevailing tax laws; tax laws are subject to change","note":null,"quote":"The tax benefits on the Policy shall be as per the prevailing tax laws in India and amendments thereto from time to time. In respect of any payment made or to be made under or in relation to this Policy, We will deduct or charge or recover taxes including service tax and other levies as applicable at such rates as notified by the government or such other body authorized by the government from time to time. Tax laws are subject to change.","sources":[{"clause":null,"heading":"6.7. Taxation","page":35,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-6-7-taxation"}],"law":[]},{"key":"free_look","label":"Free-look period","section":"Renewal and rights","meaning":"Days after you receive the policy in which you can return it for a refund if you do not agree with its terms.","status":"quote-verified","value":{"unit":"days","amount":30},"display":"30 days","note":null,"quote":"If You have any objections to the terms and conditions of the Policy, You may cancel the Policy by giving a written notice to Us within 30 (thirty) days beginning from the date of receipt of the Policy Document, whether received electronically or otherwise, stating the reasons for Your objection, provided no claims has been made under this Policy.","sources":[{"clause":null,"heading":"4.1. Free Look Period","page":18,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-4-1-free-look-period"}],"law":[{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 5","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(1), 20(2)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(3) to 20(5)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(6)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, II.8","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, III.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, III.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"grace_period","label":"Grace period","section":"Renewal and rights","meaning":"Days you get after the due date to pay without losing cover or continuity.","status":"quote-verified","value":{"unit":"days","amount":30},"display":"30 days; 15 days for monthly mode","note":"The duration value uses 30 days; monthly mode has 15 days.","quote":"You have a Grace Period of 30 (thirty) days (15 (fifteen) 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 Status during the Grace Period.","sources":[{"clause":null,"heading":"3.3.2. Grace Period (for other than single premium policies)","page":16,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-3-3-2-grace-period-for-other-than-single-premium"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 50","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 8","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 9","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 8","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, IV.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, IV.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.2","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule III, Para 1.3","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"eligibility_entry_age","label":"Entry age","section":"Eligibility","meaning":"The youngest and oldest age at which you can buy this policy.","status":"quote-verified","value":"Minimum entry age is 25 years for both plan options. Maximum entry age is 70 years for Retire Secure; for Retire Secure Plus it is 60 years for Regular Pay, 55 years for Limited Pay 5 and 7 years, and 50 years for Limited Pay 10 and 15 years.","display":"Minimum 25 years. Maximum: Retire Secure 70 years; Retire Secure Plus 60/55/50 years by pay term.","note":"From the sales brochure. Ages are age last birthday.","quote":"Minimum Age* at Entry | 25 years | 25 years\nMaximum Age* at Entry | 70 years | Regular Pay: 60 years Limited Pay 5 and 7 years: 55 years Limited Pay 10 and 15 years: 50 years","sources":[{"clause":null,"heading":"PNB MetLife Smart Invest Pension Plan Pro at a glance","page":3,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30542#c-pnb-metlife-smart-invest-pension-plan-pro-at-a-g"}],"law":[]},{"key":"premium_modes","label":"Premium payment options","section":"Premium","meaning":"How often you can pay: yearly, half-yearly, quarterly, monthly.","status":"quote-verified","value":["single","yearly","half-yearly","quarterly","monthly"],"display":"single, yearly, half-yearly, quarterly and monthly","note":"Single pay is applicable only for Retire Secure.","quote":"The available Premium payment modes under the Policy are single, yearly, half-yearly, quarterly and monthly. Single pay is applicable only for Retire Secure Plan option.","sources":[{"clause":null,"heading":"3.3.1. Payment of Premium","page":16,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-3-3-1-payment-of-premium"}],"law":[]},{"key":"premium_type","label":"Premium payment type","section":"Premium","meaning":"Single premium, regular premium (every year of the term) or limited premium (fewer years than the term).","status":"quote-verified","value":["Single Pay","Regular Pay","Limited Pay"],"display":"Single Pay, Regular Pay and Limited Pay","note":"From the sales brochure. Single Pay is available only with Retire Secure; Limited Pay options shown are 5/7/10/15 years.","quote":"Premium Payment Term | Single Pay# Regular Pay Limited Pay-5/7/10/15 years | Regular Pay Limited Pay-5/7/10/15 years","sources":[{"clause":null,"heading":"PNB MetLife Smart Invest Pension Plan Pro at a glance","page":3,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30542#c-pnb-metlife-smart-invest-pension-plan-pro-at-a-g"}],"law":[]},{"key":"lock_in","label":"Lock-in period","section":"Renewal and rights","meaning":"Years before you can withdraw. ULIPs have a 5-year lock-in.","status":"quote-verified","value":{"unit":"years","amount":5},"display":"5 years","note":null,"quote":"Lock-in Period | The period of 5 (five) consecutive completed Policy Years from the Date of Commencement of the Policy, during which period the proceeds of the Policy cannot be paid by Us to the Policyholder or to the Life Assured, as the case may be, except in the case of death or upon the happening of any other contingency covered under the Policy.","sources":[{"clause":null,"heading":"2. Part B","page":9,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-2-part-b"}],"law":[{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.1 and 40.1.2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 4","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 42","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 54.1 and 54.2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, IV.5","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.22 to 1.24","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(B)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 2(A)(vii) to (ix)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 2(A)(vi)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"funds","label":"Fund options","section":"Cover","meaning":"The investment funds you can choose and their risk.","status":"quote-verified","value":["Pension Mid Cap Fund — Very High Risk","Pension Premier Multi-Cap Fund — Very High Risk","Pension Value Fund — Very High Risk","Pension Consumption Fund — Very High Risk","Pension Dividend Leaders Index Fund — Very High Risk","Pension Enhanced Value Index Fund — Very High Risk","Pension Momentum Quality Index Fund — Very High Risk","Pension Bond Fund — Low Risk"],"display":"7 equity-oriented funds marked Very High Risk and Pension Bond Fund marked Low Risk","note":null,"quote":"1. | Pension Mid Cap Fund (ULIF03201/02/25PENIFTYMOM117) | To provide long-term capital appreciation from an actively managed portfolio of diversified stocks from the midcap segment of the market. | Equities | 60 – 100 | Very High Risk ... 2. | Pension Premier Multi-Cap Fund (ULIF03501/04/25PEMULTICAP117) | To generate wealth by investing in companies across market capitalisation spectrum with a blend of large cap, mid-cap as well as small cap companies. | Equities | 60 – 100 | Very High Risk ... 3. | Pension Value Fund (ULIF03716/09/25PEVALUFUND117) | To generate long-term capital appreciation by investing in companies which are priced attractively vs the broader market. | Equities | 60 – 100 | Very High Risk ... 4 | Pension Consumption Fund (ULIF03816/10/25PECONSFUND117) | To generate wealth over the medium to long-term by investing predominantly in companies engaged in domestic consumption theme | Equities | 60 – 100 | Very High Risk ... 5. | Pension Dividend Leaders Index Fund (ULIF04101/04/26PEDIVIDEND117) | To generate long-term capital appreciation by replicating the BSE 500 Dividend Leaders 50 Index (Customised). | Equities | 60 – 100 | Very High Risk ... 6. | Pension Enhanced Value Index Fund (ULIF04401/07/26PEENHVALUE117) | To generate long-term capital appreciation by replicating the Enhanced Value 50 Index (Customised). | Equities | 60 – 100 | Very High Risk ... 7. | Pension Momentum Quality Index Fund (ULIF04619/10/26PEMOMENTQL117) | To generate long-term capital appreciation by replicating the BSE 500 Momentum Quality 50 Index (Customized) | Equities | 60 – 100 | Very High Risk ... 8. | Pension Bond Fund (ULIF03301/02/25PEBONDFUND117) | To provide accrual income and capital gains by investing opportunistically in government securities, corporate bonds and money market instruments. The fund will invest up to 100% of the corpus in debt and money market securities | Equities | 0 | Low Risk","sources":[{"clause":"Row 1","heading":"Pension Mid Cap Fund (ULIF03201/02/25PENIFTYMOM117)","page":25,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-row-1-2"},{"clause":"Row 2","heading":"Pension Premier Multi-Cap Fund (ULIF03501/04/25PEMULTICAP117)","page":25,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-row-2-2"},{"clause":"Row 3","heading":"Pension Value Fund (ULIF03716/09/25PEVALUFUND117)","page":25,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-row-3-2"},{"clause":"Row 4","heading":"Pension Consumption Fund (ULIF03816/10/25PECONSFUND117)","page":25,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-row-4-2"},{"clause":"Row 5","heading":"Pension Dividend Leaders Index Fund (ULIF04101/04/26PEDIVIDEND117)","page":25,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-row-5"},{"clause":null,"heading":"Table of Contents","page":26,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-table-of-contents"}],"law":[]},{"key":"premium_allocation_charge","label":"Premium allocation charge","section":"Charges","meaning":"Part of each premium taken before investing.","status":"quote-verified","value":"There is no premium allocation charge in this product.","display":"No Premium Allocation Charge","note":null,"quote":"There are no Premium Allocation Charge in this product","sources":[{"clause":null,"heading":"5.5.1. Premium Allocation Charge","page":31,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-5-5-1-premium-allocation-charge"}],"law":[]},{"key":"policy_admin_charge","label":"Policy administration charge","section":"Charges","meaning":"Monthly charge deducted from your fund.","status":"quote-verified","value":"There is no policy administration charge in this product.","display":"No Policy Administration Charge","note":null,"quote":"There are no Policy Administration Charge in this product","sources":[{"clause":null,"heading":"5.5.2. Policy Administration Charge","page":31,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-5-5-2-policy-administration-charge"}],"law":[]},{"key":"fund_management_charge","label":"Fund management charge","section":"Charges","meaning":"Yearly charge on fund value; capped at 1.35% by IRDAI.","status":"quote-verified","value":"Fund Management Charge is 1.35% p.a. for the listed equity funds, 0.75% p.a. for Pension Bond Fund, and 0.50% p.a. for Pension Discontinued Fund, appropriated by adjusting NAV.","display":"1.35% p.a. for equity funds; 0.75% p.a. for Pension Bond Fund; 0.50% p.a. for Pension Discontinued Fund","note":null,"quote":"The Fund Management Charge is levied as a percentage of the value of the assets available in the respective Segregated Fund and shall be appropriated by adjusting the NAV. ... Pension Mid Cap Fund | ULIF03201/02/25PENIFTYMOM117 | 1.35%\nPension Premier Multi-Cap Fund | ULIF03501/04/25PEMULTICAP117 | 1.35%\nPension Value Fund | ULIF03716/09/25PEVALUFUND117 | 1.35%\nPension Consumption Fund | ULIF03816/10/25PECONSFUND117 | 1.35%\nPension Dividend Leaders Index Fund | ULIF04101/04/26PEDIVIDEND117 | 1.35%\nPension Enhanced Value Index Fund | ULIF04401/07/26PEENHVALUE117 | 1.35%\nPension Momentum Quality Index Fund | ULIF04619/10/26PEMOMENTQL117 | 1.35%\nPension Bond Fund | ULIF03301/02/25PEBONDFUND117 | 0.75%\nPension Discontinued Fund | ULIF03401/02/25PEDISCONTI117 | 0.50%","sources":[{"clause":null,"heading":"5.5.3. Fund Management Charge","page":31,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-5-5-3-fund-management-charge"}],"law":[]},{"key":"mortality_charge","label":"Mortality charge","section":"Charges","meaning":"Cost of life cover, deducted monthly by age.","status":"quote-verified","value":"Mortality Charge is deducted at the beginning of each policy month by cancellation of units, based on attained age, mortality charge table rate and sum at risk. The formula is (Sum at Risk / 1000) multiplied by the applicable rate.","display":"Monthly deduction: (Sum at Risk / 1000) * applicable mortality rate","note":"Sum at Risk differs by plan option: Retire Secure uses death benefit in excess of Fund Value; Retire Secure Plus uses Death Benefit plus present value of outstanding premiums discounted at 5% p.a.","quote":"Mortality Charge will be deducted at the beginning of each Policy month by cancellation of an appropriate Number of Units at the corresponding NAV.\nMortality Charge will be calculated based on the attained Age of the Life Assured, Rate as per Mortality Charge Table(s) and the applicable Sum at Risk. ... Mortality Charge = (Sum at Risk / 1000) * Rate as per the applicable Mortality Charge Table","sources":[{"clause":null,"heading":"5.5.6. Mortality Charge","page":33,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-5-5-6-mortality-charge"}],"law":[]},{"key":"discontinuance_charge","label":"Discontinuance charge","section":"Charges","meaning":"Charge if you stop paying in the first five years.","status":"quote-verified","value":"For other than single premium policies, discontinuance charges apply in policy years 1 to 4 and are Nil from policy year 5 onwards, with lower-of AP or FV limits varying by annualized premium. For single premium policies, separate lower-of SP or FV limits apply in years 1 to 4 and are Nil from policy year 5 onwards.","display":"Years 1-4: lower-of percentage charges capped by premium band; year 5 onwards: Nil","note":"No Discontinuance Charge is imposed on Top-Up Premiums.","quote":"For other than Single Premium Policies:\nWhere the Policy is discontinued during the Policy Year | Discontinuance Charges ... 1 | Lower of 20% * (AP or FV) subject to maximum of Rs.3,000/- | Lower of 6% * (AP or FV) subject to maximum of Rs.6,000/- ... 2 | Lower of 15% * (AP or FV) subject to maximum of Rs.2,000/- | Lower of 4% * (AP or FV) subject to maximum of Rs.5,000/- ... 3 | Lower of 10% * (AP or FV) subject to maximum of Rs.1,500/- | Lower of 3% * (AP or FV) subject to maximum of Rs.4,000/- ... 4 | Lower of 5% * (AP or FV) subject to maximum of Rs.1,000/- | Lower of 2% * (AP or FV) subject to maximum of Rs.2,000/-\n5 and onwards | Nil | Nil ... For Single Premium Policies: ... 1 | Lower of 2% * (SP or FV) subject to maximum of Rs.3,000/- | Lower of 1% * (SP or FV) subject to maximum of Rs.6,000/- ... 2 | Lower of 1.5% * (SP or FV) subject to maximum of Rs.2,000/- | Lower of 0.7% * (SP or FV) subject to maximum of Rs.5,000/- ... 3 | Lower of 1% * (SP or FV) subject to maximum of Rs.1,500/- | Lower of 0.5% * (SP or FV) subject to maximum of Rs.4,000/- ... 4 | Lower of 0.5% * (SP or FV) subject to maximum of Rs.1,000/- | Lower of 0.35% * (SP or FV) subject to maximum of Rs.2,000/-\n5 and onwards | Nil | Nil","sources":[{"clause":null,"heading":"5.5.4. Discontinuance or Surrender Charge","page":32,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-5-5-4-discontinuance-or-surrender-charge"},{"clause":"Row 1","heading":"Lower of 20% * (AP or FV) subject to maximum of Rs.3,000/-","page":32,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-row-1-3"},{"clause":"Row 2","heading":"Lower of 15% * (AP or FV) subject to maximum of Rs.2,000/-","page":32,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-row-2-3"},{"clause":"Row 3","heading":"Lower of 10% * (AP or FV) subject to maximum of Rs.1,500/-","page":32,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-row-3-3"},{"clause":"Row 4","heading":"Lower of 5% * (AP or FV) subject to maximum of Rs.1,000/-","page":32,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-row-4-3"},{"clause":null,"heading":"5.5.4. Discontinuance or Surrender Charge","page":32,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-5-5-4-discontinuance-or-surrender-charge-2"},{"clause":"Row 1","heading":"Lower of 2% * (SP or FV) subject to maximum of Rs.3,000/-","page":32,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-row-1-4"},{"clause":"Row 2","heading":"Lower of 1.5% * (SP or FV) subject to maximum of Rs.2,000/-","page":32,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-row-2-4"},{"clause":"Row 3","heading":"Lower of 1% * (SP or FV) subject to maximum of Rs.1,500/-","page":32,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-row-3-4"},{"clause":"Row 4","heading":"Lower of 0.5% * (SP or FV) subject to maximum of Rs.1,000/-","page":32,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-row-4-4"}],"law":[]},{"key":"switches_withdrawals","label":"Switches and partial withdrawals","section":"Renewal and rights","meaning":"Free fund switches and withdrawals after lock-in.","status":"quote-verified","value":"Under Self-Managed Strategy, switches between segregated fund options are allowed partially or fully at any point during the policy term; minimum switch value is Rs.5,000 and all switches are free. Partial withdrawals are allowed only after completion of the 5-year lock-in, with minimum Rs.5,000 per withdrawal, maximum 25% of total Fund Value in a policy year, free of charge, and only three times during the policy term.","display":"Switches: free, any time, minimum Rs 5,000 under Self-Managed Strategy. Partial withdrawals: after 5 policy anniversaries, minimum Rs.5,000, maximum 25% of fund value per policy year, free, up to 3 times.","note":"Switches are stated as only under Self-Managed Strategy.","quote":"You have the option to Switch partially or fully between the Segregated Fund options that are available in this product, at any point of time during the Policy Term. The minimum value of every Switch should be Rs 5,000/-. All Switches are free of cost. ... Partial Withdrawals are available only after the completion of Lock-in Period [5(five) Policy Anniversaries], subject to the following:\n• 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 (including Top-Up Fund Value, if any) at the time of Partial Withdrawal. ... • The Partial Withdrawals are free of any charge. ... • Partial Withdrawal is allowed only three times during the entire term of the Policy.","sources":[{"clause":null,"heading":"4.5. Switches (only under Self-Managed Strategy)","page":22,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-4-5-switches-only-under-self-managed-strategy"},{"clause":null,"heading":"4.7. Partial Withdrawal","page":22,"url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564#c-4-7-partial-withdrawal"}],"law":[]}],"documents":[{"kind":"wording","label":"PNB MetLife Smart Invest Pension Plan Pro 117L138V02","pages":53,"fetched_at":"2026-10-17 20:00:24+00","source_url":"https://www.pnbmetlife.com/content/dam/pnb-metlife/docs/withdrawn-insurance-plans/SIPP-Pro-tnc-02.pdf","url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/14297"},{"kind":"wording","label":"Terms & Conditions","pages":49,"fetched_at":"2026-10-20 00:49:28+00","source_url":"https://www.pnbmetlife.com/content/dam/pnb-metlife/docs/product/TermsCondition/SIPP-Pro-tnc.pdf","url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30564"},{"kind":"brochure","label":"Retire Secure Plus Leaflet","pages":4,"fetched_at":"2026-10-20 00:48:46+00","source_url":"https://www.pnbmetlife.com/content/dam/pnb-metlife/docs/product/Download_Brochure/SIPP-Pro-Retire-secure-plus-leaflet.pdf","url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30538"},{"kind":"brochure","label":"Retire Secure Leaflet","pages":4,"fetched_at":"2026-10-20 00:48:45+00","source_url":"https://www.pnbmetlife.com/content/dam/pnb-metlife/docs/product/Download_Brochure/SIPP-Pro-Retire-secure-leaflet.pdf","url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30539"},{"kind":"brochure","label":"Brochure/Prospectus","pages":20,"fetched_at":"2026-10-20 00:48:44+00","source_url":"https://www.pnbmetlife.com/content/dam/pnb-metlife/docs/product/Download_Brochure/SIPP-Pro-brochure.pdf","url":"https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06/document/30542"}],"versions":[{"uin":"117L138V02","version":null,"approved_on":null},{"uin":"117L138V06","version":null,"approved_on":null}],"where_to_buy":[{"purpose":"buy","kind":"insurer","name":"PNB MetLife Insurance official website","url":"https://www.pnbmetlife.com/","note":"Buy directly from the insurer."},{"purpose":"buy","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."}],"claims_and_complaints":[{"purpose":"claim","kind":"insurer","name":"Claim process","url":"https://www.pnbmetlife.com/claims/process.html","note":null},{"purpose":"claim","kind":"insurer","name":"File a claim","url":"https://customerportal.pnbmetlife.com/claim/journey/","note":null},{"purpose":"claim","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."},{"purpose":"grievance","kind":"insurer","name":"Grievance redressal","url":"https://www.pnbmetlife.com/grievance-cell/grievance-redressal.html","note":null},{"purpose":"grievance","kind":"official","name":"Bima Bharosa (IRDAI grievance portal)","url":"https://bimabharosa.irdai.gov.in/","note":"Register and track a complaint against any insurer with IRDAI. Complain to the insurer first; escalate here if the reply is late or unsatisfactory."},{"purpose":"grievance","kind":"official","name":"e-Daakhil (consumer commission e-filing)","url":"https://edaakhil.nic.in/","note":"Not reachable from our crawler on 2026-10-19; use e-Jagriti if this link does not open."},{"purpose":"grievance","kind":"official","name":"e-Jagriti (consumer commission filing)","url":"https://e-jagriti.gov.in/","note":"Ministry of Consumer Affairs platform for consumer commission cases, a route for insurance disputes that the Ombudsman does not settle."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Ahmedabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Gujarat, Dadra & Nagar Haveli, Daman and Diu. Email: oio.ahmedabad@cioins.co.in. Phone: 079 - 25501201/02. Address: Office of the Insurance Ombudsman, Jeevan Prakash Building, 6th floor, Tilak Marg, Relief Road, AHMEDABAD – 380 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bengaluru","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Karnataka. Email: oio.bengaluru@cioins.co.in. Phone: 080 - 26652048 / 26652049. Address: Office of the Insurance Ombudsman, Jeevan Soudha Building,PID No. 57-27-N-19 Ground Floor, 19/19, 24th Main Road, JP Nagar, Ist Phase, Bengaluru – 560 078."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhopal","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Madhya Pradesh, Chhattisgarh. Email: oio.bhopal@cioins.co.in. Phone: 0755 - 2769201 / 2769202 / 2769203. Address: Office of the Insurance Ombudsman, 1st floor,\"Jeevan Shikha\", 60-B,Hoshangabad Road, Opp. Gayatri Mandir,Arera Hills Bhopal – 462 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhubaneswar","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Odisha. Email: oio.bhubaneswar@cioins.co.in. Phone: 0674 - 2596461 /2596455/2596429/2596003. Address: Office of the Insurance Ombudsman, 62, Forest park, Bhubaneswar – 751 009."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chandigarh","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Punjab, Haryana (excluding Gurugram, Faridabad, Sonepat and Bahadurgarh), Himachal Pradesh, Union Territories of Jammu & Kashmir,Ladakh & Chandigarh. Email: oio.chandigarh@cioins.co.in. Phone: 0172-2706468. Address: Office Of The Insurance Ombudsman, Jeevan Deep Building SCO 20-27, Ground Floor Sector- 17 A, Chandigarh – 160 017."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chennai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Tamil Nadu, PuducherryTown and Karaikal (which are part of Puducherry). Email: oio.chennai@cioins.co.in. Phone: 044 - 24333668 / 24333678. Address: Office of the Insurance Ombudsman, Fatima Akhtar Court, 4th Floor, 453, Anna Salai, Teynampet, CHENNAI – 600 018."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Delhi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Delhi & following Districts of Haryana - Gurugram, Faridabad, Sonepat & Bahadurgarh. Email: oio.delhi@cioins.co.in. Phone: 011 - 46013992/23213504/23232481. Address: Office of the Insurance Ombudsman, 2/2 A, Universal Insurance Building, Asaf Ali Road, New Delhi – 110 002."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Guwahati","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Assam, Meghalaya, Manipur, Mizoram, Arunachal Pradesh, Nagaland and Tripura. Email: oio.guwahati@cioins.co.in. Phone: 0361 - 2632204 / 2602205 / 2631307. Address: Office of the Insurance Ombudsman, Jeevan Nivesh, 5th Floor, Near Pan Bazar , S.S. Road, Guwahati – 781001(ASSAM)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Hyderabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Andhra Pradesh, Telangana, Yanam and part of Union Territory of Puducherry. Email: oio.hyderabad@cioins.co.in. Phone: 040 - 23312122 / 23376991 / 23376599 / 23328709 / 23325325. Address: Office of the Insurance Ombudsman, 6-2-46, 1st floor, \"Moin Court\", Lane Opp.Hyundai Showroom , A. C. Guards, Lakdi-Ka-Pool, Hyderabad - 500 004."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Jaipur","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Rajasthan. Email: oio.jaipur@cioins.co.in. Phone: 0141- 2740363. Address: Office of the Insurance Ombudsman, Jeevan Nidhi – II Bldg., Gr. Floor, Bhawani Singh Marg, Jaipur - 302 005."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kochi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Kerala, Lakshadweep, Mahe-a part of Union Territory of Puducherry. Email: oio.ernakulam@cioins.co.in. Phone: 0484 - 2358759. Address: Office of the Insurance Ombudsman, 10th Floor, Jeevan Prakash,LIC Building, Opp to Maharaja's College Ground,M.G.Road, Kochi - 682 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kolkata","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: West Bengal, Sikkim, Andaman & Nicobar Islands. Email: oio.kolkata@cioins.co.in. Phone: 033 - 22124339 / 22124341. Address: Office of the Insurance Ombudsman, Hindustan Bldg. Annexe, 7th Floor, 4, C.R. Avenue, KOLKATA - 700 072."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Lucknow","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Districts of Uttar Pradesh : Lalitpur, Jhansi, Mahoba, Hamirpur, Banda, Chitrakoot, Allahabad, Mirzapur, Sonbhabdra, Fatehpur, Pratapgarh, Jaunpur,Varanasi, Gazipur, Jalaun, Kanpur, Lucknow, Unnao, Sitapur, Lakhimpur, Bahraich, Barabanki, Raebareli, Sravasti, Gonda, Faizabad, Amethi, Kaushambi, Balrampur, Basti, Ambedkarnagar, Sultanpur, Maharajgang, Santkabirnagar, Azamgarh, Kushinagar, Gorkhpur, Deoria, Mau, Ghazipur, Chandauli, Ballia, Sidharathnagar. Email: oio.lucknow@cioins.co.in. Phone: 0522 - 4002082 / 3500613. Address: Office of the Insurance Ombudsman, 6th Floor, Jeevan Bhawan, Phase-II, Nawal Kishore Road, Hazratganj, Lucknow - 226 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Mumbai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: List of wards under Mumbai Metropolitan Region excluding wards in Mumbai – i.e M/E, M/W, N , S and T covered under Office of Insurance Ombudsman Thane and excluding areas of Navi Mumbai. Email: oio.mumbai@cioins.co.in. Phone: 022 - 69038800/27/29/31/32/33. Address: Office of the Insurance Ombudsman, 3rd Floor, Jeevan Seva Annexe, S. V. Road, Santacruz (W), Mumbai - 400 054."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Noida","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Uttarakhand and the following Districts of Uttar Pradesh: Agra, Aligarh, Bagpat, Bareilly, Bijnor, Budaun, Bulandshehar, Etah, Kannauj, Mainpuri, Mathura, Meerut, Moradabad, Muzaffarnagar, Oraiyya, Pilibhit, Etawah, Farrukhabad, Firozbad, Gautam Buddh nagar, Ghaziabad, Hardoi, Shahjahanpur, Hapur, Shamli, Rampur, Kashganj, Sambhal, Amroha, Hathras, Kanshiramnagar, Saharanpur. Email: oio.noida@cioins.co.in. Phone: 0120-4027589. Address: Office of the Insurance Ombudsman, Bhagwan Sahai Palace 4th Floor, Main Road, Naya Bans, Sector 15, Distt: Gautam Buddh Nagar, U.P-201301."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: offices and jurisdiction","url":"https://www.cioins.co.in/Ombudsman","note":"Addresses, phone numbers, e-mail and the states or districts each Ombudsman office covers."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Patna","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Bihar, Jharkhand. Email: oio.patna@cioins.co.in. Phone: 0612-2547068. Address: Office of the Insurance Ombudsman, 2nd Floor, Lalit Bhawan, Bailey Road, Patna 800 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Pune","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Goa and State of Maharashtra excluding areas of Navi Mumbai, Thane district,Palghar District, Raigad district & Mumbai Metropolitan Region. Email: oio.pune@cioins.co.in. Phone: 020-24471175. Address: Office of the Insurance Ombudsman, Jeevan Darshan Bldg., 3rd Floor, C.T.S. No.s. 195 to 198, N.C. Kelkar Road, Narayan Peth, Pune – 411 030."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: register a complaint online","url":"https://cioins.co.in/Complaint/Online","note":"Council for Insurance Ombudsmen. Free. For disputes with an insurer after its own grievance process; the office is chosen by where you live (see the offices list)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Thane","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Area of Navi Mumbai, Thane District, Raigad District, Palghar District and wards of Mumbai , M/East, M/West, N, S and T. Email: oio.thane@cioins.co.in. Phone: 022-20812868/69. Address: Office of the Insurance Ombudsman, Jeevan Chintamani Building, 2nd Floor,Near New RTO Office, Louis Wadi,Vasantrao Naik Mahamarg, Thane (West)- 400604."},{"purpose":"grievance","kind":"official","name":"National Consumer Helpline","url":"https://consumerhelpline.gov.in/public/","note":"Government consumer helpline; can take up a complaint before you go to a consumer commission."},{"purpose":"port","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."}],"notice":"Information, not advice. IndiaInsurances is not an insurer or an insurance intermediary, does not sell insurance and earns no commission. Policy terms change and your own policy schedule can differ: always confirm with the policy document and the insurer before you buy or claim.","cite_as":"PNB MetLife Smart Invest Pension Plan Pro (UIN 117L138V06), IndiaInsurances, https://indiainsurances.com/policy/pnb-metlife-insurance/pnb-metlife-smart-invest-pension-plan-pro-117l138v06"}