|
 |
|
|
Met Smart One
|
UIN: 117L068V01
Features
|
|
"IN THIS POLICY, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER"
You work hard to fulfill your family dreams and wish everything that is best for them, whether it is your children's education or your child marriage or buying your dream house. We at MetLife understand that your hard earned money should work equally harder for you. Hence we bring to you Met Smart One, which is investment cum protection single premium plan which along with its various investment management options facilitates accelerated wealth creation with Loyalty additions.
With this plan you may also choose NAV Guarantee Fund which offers you attractive guaranteed Net Asset Value (NAV).
|
| Boundary Conditions |
Eligibility Criteria |
| Minimum Age at Entry(LBD) |
0 years (3 months) |
| Maximum Age at Entry(LBD) |
65 years |
| Minimum/Maximum Age at Maturity |
18/75 years |
| Policy Term |
10-20 years |
| Minimum Premium |
18,000 |
| Maximum Premium |
500,000 |
| Sum Assured Multiple |
5 times of SP in the First Policy Year & 1.25 times of SP for the remaining term of the Policy |
| Premium Payment Modes |
Single |
Death Benefit
In the unfortunate event of your demise, while the policy is in force & before the maturity date, your nominee will get the following death benefit
i) If the death of the Person Insured occurs before the attainment of age 60:
The death benefit payable will be higher of
- The Single Premium Fund Value (the value of units pertaining to Base Premium Account), or
- The Base Sum Assured less all Partial Withdrawals (excluding any withdrawals made from Top-Up Premium Account), made in accordance with the Partial Withdrawal provisions in the last 24 months preceding the date of death of the Person Insured, or
- 105% of the total Single Premium paid
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 Single Premium Fund Value (the value of units pertaining to Base Premium Account) or
- Base Sum Assured less all Partial Withdrawals (excluding any withdrawals made from Top-Up Premium Account) 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 or .
- 105% of the Single Premium paid.
In addition to any of i) or ii) above, and provided Top-Up Premiums are paid the higher of the below shall be payable.
- The Top-Up Fund Value (the value of units pertaining to Top-Up Premiums) or
- Top-Up Sum Assured (less any Partial Withdrawals from Top-Up Fund Value, as per partial withdrawal provisions before and after age 60, as stated above)
- 105% of the total Top-Up Premiums paid
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.
|
|
| |
|
Disclaimers:
- Insurance is the subject matter of the solicitation.
- 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 Smart One 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.
- For more details on risk factors , terms and conditions please read sales brochure carefully before concluding a sale*.
- *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.
- #Open for limited period only. At any point of time, if the remaining term of the policy is less than the term of the tranche plus the subscription period, with respect to NAV Guarantee Fund (NGF - which will be opened for subscription at that time), the policyholder cannot invest in the NGF. The term of the tranche will start after market instruments during the subscription period. You will have an option to invest into the fund of your choice, including the NGF if the tranche is open for subscription only.
LD/2010-11/EC250/444
|
|
|
 |
|
|
|
|
 |
|
 |
|
|
 |
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 |
 |
 |
SMS MET HELP to 5607071
(Special SMS Charges Apply) |
|
 |
indiaservice@metlife.co.in |
|
|
|
|
|
 |
 |
 |
|
|
|
|
|