Current Affairs · Banking and Financial Services
Which of the following statements about the PNB MetLife RISE Plan is INCORRECT?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Customers may choose to accumulate survival benefits at 3% p.a., compounded monthly.
- 2Customers can switch between 'Smart Income' and 'Smart Income Pro' plan options anytime during the policy term.✓
- 3Under the Smart Income Pro option, instant cashback is offered upon policy issuance.
- 4It is an individual, non-linked, non-participating savings life insurance product.
Correct answer
Customers can switch between 'Smart Income' and 'Smart Income Pro' plan options anytime during the policy term.
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