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Met Easy Super
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UIN: 117L069V01
Features
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"IN THIS POLICY, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER"
While you plan to secure the happiness and future of your loved ones, give wings to your dreams of wealth creation. Security for your family and your need of wealth creation should work together as you move ahead in life. We understand that at MetLife, and hence we bring you Met Easy Super – an Easy Protection, Super wealth creation plan. While you ensure security for your loved ones, we work towards your goals of wealth creation - because you and your family deserve the very best.
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| Boundary Conditions |
Eligibility Criteria |
| Minimum Age at entry* |
18 years |
| Maximum Age at entry* |
60 years for 15 policy term & 55 years for 20 year policy term |
| Premium Payment term (years) |
Entire term of the policy |
| Minimum Annualized Premium |
Rs. 12,000 p.a. |
| Maximum Annualized Premium |
Rs.120,000 p.a. |
| Policy Term |
15 years and 20 years |
| Sum Assured |
10 times the chosen Annualised Premium |
| Premium Payment modes |
Annual |
Death Benefit
In the unfortunate event of death, while the policy is in force and before the maturity date, your nominee will get the following death benefit:
i) i) If the death of the Person Insured occurs before the attainment of age 60:
The death benefit payable will be higher of
- The Fund Value (the value of units pertaining to Regular Premium Account), or,
- Sum Assured less all Partial Withdrawals made in accordance with the Partial Withdrawal provisions in the last 24 months preceding the date of death of the Person Insured.
- 105% of the Total Regular Premiums paid less all Partial Withdrawals, made in accordance with the Partial Withdrawal provisions in the last 24 months preceding the date of death of the Person Insured.
ii) If the death of the Person Insured occurs on or after the attainment of age 60:
The death benefit payable will be higher of
- The Fund Value (the value of units pertaining to Regular Premium Account), or,
- Sum Assured less all Partial Withdrawals made in accordance with the Partial Withdrawal provisions, during the last 24 months immediately preceding the date of death or all Partial Withdrawals made in accordance with the Partial Withdrawal provisions post attainment of age 60, whichever is higher
- 105% of the Total Regular Premiums paid less all Partial Withdrawals, made in accordance with the Partial Withdrawal provisions in the last 24 months preceding the date of death of the Person Insured or all Partial Withdrawal provisions post attainment of age 60, whichever is higher.
If death happens during the grace period, or in the subsequent notice period, before discontinuance of the policy, in case of non-payment of premiums under the base policy, the overdue charges, if any, comprising of Mortality Charges will be deducted from the death benefit.
Maturity Benefit
Maturity Benefit & Settlement Option
On maturity of the policy you will receive the Total Fund Value as on the maturity date. If you wish to defer your maturity proceeds, you may choose to do so with the Settlement Option.
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Disclaimers:
- For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale”. Insurance is the subject matter of the solicitation.
- *Tax benefits are as per the provisions of Income Tax Act, 1961, and the same are subject to amendments made thereto from time to time, please consult your tax consultants for more details
- The premium paid in Unit Linked Life Insurance policies are subject to investment risks associated with capital markets and the NAV’s of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions.
- MetLife India Insurance Co. Ltd. is only the name of the Insurance Company and Met Easy Super is only the name of the unit linked life insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns. LD/2010-11/EC298/502
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Customer helpline no. :
1800-425-6969 (Toll Free)
(Within India only)
OR 91-80-26502244 (8am – 8pm).
IVR available 24*7
with your policy details. Fax : 080-41506969 |
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SMS HELP to 5607071
(Special SMS Charges Apply) |
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indiaservice@metlife.co.in |
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