IN THIS POLICY, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER.

MetLife offers, Met Wealth Plus a Unit Linked Life Insurance Plan (Non Par), that not only optimizes your return on investment but also gives an option to guarantee your investments. This plan offers higher allocation of your premiums for investments which ensures more money is invested for higher wealth creation.

What’s more, you have a choice of customizing your policy to provide you comprehensive protection with Accidental Death Benefit Rider.

Death Benefit
In case of an unfortunate death of the Person Insured during the policy term, the Company will pay to the nominee as follows:

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
• The Sum Assured less all Partial Withdrawals (excluding Top-Up Premium Account) made in accordance with the Partial Withdrawal provisions during the last 24 months preceding the 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
• The Sum Assured less all Partial Withdrawals (excluding 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.

Maturity Benefit
On maturity of the policy, the Fund Value (the value of units pertaining to Single/Regular Premium and Top-Up Premiums, if any) as on the date of maturity is payable.
OR
You can also choose the Settlement Option * and
a) Withdraw your Fund Value in installments within 5 years from the date of maturity.
b) Choose a combination of part lumpsum withdrawal on maturity and regular withdrawal in installments within 5 years from the date of a maturity. You can also take the balance Fund Value during the settlement period and close the policy.

* If you choose the Settlement option, you will have to bear the risks involved in the Unit-Linked Funds. The number of withdrawals in any calendar year would be limited to 12.The life insurance cover during the settlement option period would not be applicable and in case of death of the policyholder during this period only the Fund Value as on that date shall be paid, and the policy will be terminated. No partial withdrawals and switches shall be allowed during the Settlement Period. Also no Loyalty Addition will be available during the Settlement Period. No Top-Up Premiums are allowed to be paid into the Account during the settlement period. If you wish to opt for settlement option, you need to inform the Company at least 90 days prior to the date of maturity.

1. The wide choice of investment Funds options offers you great flexibility to build and manage wealth. You can also switch and change your investment options, from time to time.

2. You will also enjoy the flexibility to access your Funds via partial withdrawals whenever you need after three years.

3. You also will have the flexibility to make additional investments anytime during the coverage term.

4. * Tax Benefits are as applicable.