new delhi private sector pnb metlife india insurance today launched a term insurance plan designed to ensure a guaranteed monthly income for up to 20 years to the family of a customer upon his death the met family income protector plus plan allows one to choose between a lump sum payout or monthly income in case of the death of the customer the insurer said in a statement the customer can also opt for the return of premiums at the end of the policy term this option ensures that the customer gets covered during the policy term and gets back 110 per cent of the premiums paid it said through this we are protecting the future of our customers with an income replacement plan giving them the comfort that their loved ones will always be financially secure pnb metlife managing director tarun chugh said