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Met Suvidha (Rural)
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Features
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Met Suvidha (Rural) is a participating flexible Endowment Plan that combines savings and security. In addition to providing you protection up to maturity, it helps you save for your specific long term financial objectives. This long term savings-cum-protection plan comes to you at affordable premiums.
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Death Benefit
Met Suvidha - Par
In the event of death during the term of the policy, the beneficiary will receive the base Sum Assured, the accrued reversionary bonus and terminal bonus if any.
Maturity Benefit
Met Suvidha - Par
On maturity of the policy, you will receive the base Sum Assured, the accrued reversionary bonus and terminal bonus if any.
Bonuses
Bonuses are available only on participating policies. The bonuses are not guaranteed as they are based on the Company’s actual investment returns, persistency and expense experience. No bonus is payable for the first 2 years of the policy.
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1. It is an Endowment plan that offers both savings and life insurance.
2. Flexible premium paying options to suit various income cycles.
3. A plan which participates in the bonuses declared by the company.
4. Customization possible with Accident Death Benefit, Critical Illness, Term, Waiver of Premium Riders for comprehensive protection.
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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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