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Met Mortgage Protector
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Features
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MetLife presents 'Met Mortgage Protector '– a plan which provides you life cover for home loans taken for any period above 5 years. It is a decreasing term insurance with single and limited premium options. The plan covers you for an amount equal to the outstanding amount as per the policy schedule.
It ensures the asset that you have created stays with your family. Always.
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| Minimum Entry Age |
18 years |
| Maximum Entry Age |
60 years |
| Maximum Maturity Age |
65 years |
| Minimum Sum Assured |
Rs. 50,000 |
| Maximum Sum Assured |
Equal to the outstanding loan amount |
| Policy Term |
Equal to the outstanding payment term of the loan |
| Premium Paying Terms |
Single Pay, Limited Pay (2/3rd of outstanding loan term) |
Riders
Not available
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Death Benefit
In the event of death of the Life Insured, the outstanding loan amount is payable to the beneficiary.
Maturity Benefit
Not applicable. |
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Disclaimers:
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
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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 MET HELP to 5607071
(Special SMS Charges Apply) |
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indiaservice@metlife.co.in |
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