Skip Navigation
0 of 0 Displaying
 |   Displaying

No Results

    How To Choose Long Term Saving Plans | PNB Metlife

    How to Choose a Long-Term Savings Plan?

    Last Updated On 21-12-2021

    Long-term investing has several advantages. It is tax-efficient and also helps you earn compound interest. The tenure for a long-term savings plan is generally 3 years or more. The returns from a long-term savings plan are high on maturity. This is why these plans are suitable for various types of goals.

    Get a Callback

    OTP sent successfully

    Thank you for getting in touch with us. We will contact you shortly.


    You can use a savings plan to cover your child’s education, lifestyle, and marriage in the future. You can also consider long-term investments for retirement or a real-estate purchase like a home or a plot. These plans allow you to set aside funds and use them at a time when you can make their best use.

    Factors to keep in mind while choosing a long-term savings plan

    There are many long-term savings plans for you to choose from. However, you must keep certain factors in mind to select the best saving plan. These factors include:

    1. Financial goals
    First and foremost, you must identify your financial goals. Are you looking for a savings plan to meet the financial requirements of your child’s education? Do you want an investment plan that provides a regular income after a few years of the investment? Are you interested in securing the future of your loved ones after your demise?

    You must answer these questions and have clarity about your financial objectives. Once you know where you are headed, you are in a better position to evaluate different long-term investment solutions.

    2. Relationship between reward and risk
    Every investment product has both a reward and a risk attached to it. You must be aware of your risk appetite before selecting an investment plan. Try to strike a balance between the reward and risk to earn favorable returns.

    3. Liquidity
    You may need funds during a financial emergency. Hence, pick a long-term savings plan that can provide adequate liquidity to meet your unexpected expenses. Choose an investment plan after taking into account your present and future liquidity requirements.

    4. Tax efficiency
    The tax benefit attached to an investment plan is crucial. Many investment products such as health insurance and life insurance offer a tax benefit. If you invest in such plans, you will be able to enjoy tax deductions. Moreover, the plans will protect you at the time of a medical emergency.

    5. Diversity in investment
    The best guaranteed future plan allows you to diversify your funds in different investment products. Diversification helps you reduce the risk associated with the investment. Evaluate all the investment solutions matching your financial objectives and diversify the investment.

    6. Performance
    After you invest in a long-term investment, do not forget about the same. Make sure you review your portfolio a few times every year to make necessary alterations. You can discuss the performance with an investment expert and take the required steps to maximize your profits.

    7. Eligibility
    You must meet the eligibility criteria of an investment plan. Each long-term investment solution has an amount of premium payable and a premium payment schedule. You must be comfortable with the same. The plan you invest in must align with your financial goals.

    8. Terms and conditions
    One of the most important factors to consider before buying an investment plan is the terms and conditions. Compare the different savings solutions. In case of any queries, speak to the customer service or contact a financial advisor. It is important to have absolute clarity about the various terms and conditions associated with a plan. You should invest in a plan only after you have understood its offerings in detail.


    If you are looking for a long-term savings plan that is beneficial for you and your family, you can take a look at the options offered by PNB MetLife. These savings plans allow you to fulfil your dreams, secure your future, and save for your financial needs at every stage of life.

    Visit PNB MetLife website to know more about Term Insurance & Term Plan.



    The aforesaid article presents the view of an independent writer who is an expert on financial and insurance matters. PNB MetLife India Insurance Co. Ltd. doesn’t influence or support views of the writer of the article in any way. The article is informative in nature and PNB MetLife and/ or the writer of the article shall not be responsible for any direct/ indirect loss or liability or medical complications incurred by the reader for taking any decisions based on the contents and information given in article. Please consult your financial advisor/ insurance advisor/ health advisor before making any decision.

    PNB MetLife India Insurance Company Limited
    Registered office 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 U66010KA2001PLC028883
    For more details on risk factors, please read the sales brochure and the terms and conditions of the policy, carefully before concluding the sale.
    Tax benefits are as per the Income Tax Act, 1961, & are subject to amendments made thereto from time to time. Please consult your tax consultant for more details.
    Goods and Services Tax (GST) shall be levied as per prevailing tax laws which are subject to change from time to time.
    The marks "PNB" and "MetLife" are registered trademarks of Punjab National Bank and Metropolitan Life Insurance Company, respectively. PNB MetLife India Insurance Company Limited is a licensed user of these marks.
    Call us Toll-free at 1-800-425-6969, Phone: 080-66006969, Website:, Email: or Write to us: 1st Floor, Techniplex -1, Techniplex Complex, Off Veer Savarkar Flyover, Goregaon (West), Mumbai – 400062, Maharashtra. Phone: +91-22-41790000, Fax: +91-22-41790203.


    Beware of Spurious Phone Calls and Fictitious / Fraudulent Offers!
    IRDAI is not involved in activities like selling insurance policies, announcing bonus or investments of premium. Public receiving such phone calls are requested to lodge a police complaint.



    How Much Life Insurance Coverage One Should Have?

    How Much Life Insurance Coverage One Should Have? A life insurance policy is a contract of an individual with an insurance company to safeguar...


    How to Plan for Your Four Financial Stages of Life

    Financial planning is imperative to achieve any financial goal in life. Whether it is saving, investment, wealth creation, or ensuring a regular st...


    Income Tax Slab Rate & Deductions - FY 2016 -17 & AY 2017-2018

    With every individual’s income in the country being subject to taxation by the government, every year’s financial budget is something that the enti...


    Life is unpredictable. Unexpected expenses can sometimes knock on your door, and at other times, they might knock down your doors and explode like ...

    Want to know more about how you can protect your family?

    See all our articles


    Collapsed Expanded

    As your trusted life insurance partner, PNB MetLife is with you amidst the current COVID-19 outbreak. Our policies also cover COVID-19 Claims. In case of a Death Claim, kindly submit the signed Claim Intimation Letter mentioning the policy number, brief of the insured event and other claim documents on the email mentioned herewith. Please write-in to us at or You can also call us on 1800-425-6969 for death claims intimations and for any queries on Monday - Saturday between 10:00 am - 7:00 pm.

    PNB MetLife Insurance, amongst the trusted Life Insurance companies in India, aims to provide a wide range of Life Insurance products that suits the needs of an individual at every stage of his life. Life Insurance Plans range from Term Life Insurance PlansTerm PlanProtection PlansLong Term Savings Plans , Retirement Plans & Child Education Plan.

    Site best viewed in following browsers
    Chrome 70+ , IE 11+, Firefox 76+, Safari 11+

    Get a Callback Get a Callback

    Ask khUshi

    Hi! I’m khUshi. How can I help you?