Child Plans
MetLife Money Back Plan
Synopsis:
fjrigjwwe9r3SDPrivInsuProd:Synopsis
This is a systematic savings plan through which a life insurance company offers a guaranteed* money back with payouts at regular intervals along with protection from unforeseen events.
Features:
fjrigjwwe9r3SDPrivInsuProd:Features
- Guaranteed Returns
- Discount on higher sum assured
- Survival and maturity benefits
- Tax benefits
Benefits:
fjrigjwwe9r3SDPrivInsuProd:Benefits
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- Receive survival benefits of 10% of Base Sum Assured from the fifth to the ninth policy year
- Return 110% of Base Sum Assured amount over the lifetime of the policy term
- Receive full death benefits regardless of paid survival benefit
- Provide tax benefits under section 80C and 10(10D)*
Eligibility:
fjrigjwwe9r3SDPrivInsuProd:Eligibility
Particulars |
Boundary Conditions |
Premium Payment Term : |
Regular |
Min. Age at entry* : |
13 years |
Max. Age at entry* : |
55 years |
Max. age at maturity* : |
65 years |
Policy Term : |
10 years only |
Min Sum Assured : |
Rs. 250,000 |
Max Sum Assured : |
Rs. 5 Crore |
*Age Last Birthday