Protection Plans
MetLife Family Income Protector Plus
Synopsis:
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MetLife Family Income Protector Plus is a term assurance plan that gives you the flexibility of choosing your premium and monthly income options. The plan returns your premiums back at the end of the policy term and provides protection against death during the policy term.
Features:
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- Get guaranteed* monthly income up to 20 years for your family
- Receive 110% of your base premium paid back** at the end of the policy term
- Flexible monthly income options of Rs.10,000, Rs.25,000, Rs.50,000, Rs.75,000 & Rs.100,000
- Provide tax# savings at time of purchase and when monthly income is paid to your family.
- * Subject to all premiums being received in full and when due
- ** Only when Return of Premium option is selected at the time of purchase
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Benefits:
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- MetLife Mera Term Plan is a customizable protection plan which gives you the flexibility to choose from four payout options and also offers coverage for your spouse in the same policy.
- Death Maturity
- Maturity Benefit
Eligibility:
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Min/Max Age at entry |
25 years – 60 years (55 for Policy term 20 years) |
Max. age at maturity* |
75 years |
Monthly Income Options |
Rs.10,000/-, Rs.25,000/-, Rs.50,000/- Rs.75,000/- & Rs.100,000/- |
Plan options |
Term Cover & Term with Return of Premium Option(TROP) |
Premium paying options |
Yearly, Half-Yearly, Monthly & PSP modes |