|
 |
|
|
Met Vishwas
|
Features
|
|
MetLife offers 'Met Vishwas', - a single premium, micro insurance, non- participating term assurance plan which provides you life cover at a nominal cost. On survival, you get 110% or 125% of the premium.
|
| |
| Minimum Entry Age |
18 years |
| Maximum Entry Age |
60 years |
| Maximum Maturity Age |
70 years |
| Minimum Sum Assured |
Rs. 5,000 |
| Maximum Sum Assured |
Rs. 50,000 |
| Policy Term |
5 or 10 years |
| Premium Paying Terms |
Single Pay |
| |
Death Benefit
In the event of death of the Person Insured the Sum Assured is payable.
Maturity Benefit
On surviving the Coverage Term, you receive:
1. 110% of the single premium paid for a 5 year coverage term.
2.
125% of the single premium paid for a 10 year coverage term.
Guaranteed Surrender Value
In case of any emergency, should you need to surrender your policy early, you will get surrender benefits as per table below:
| Policy Year |
Percentage of Single Premium payable as Surrender Benefit
(5 year coverage term) |
Percentage of single premium payable as Surrender Benefit (10 year coverage term) |
| 1 |
60% |
60% |
| 2 |
70% |
65% |
| 3 |
80% |
70% |
| 4 |
90% |
75% |
| 5 |
100% |
80% |
| 6 |
Not applicable |
85% |
| 7 |
90% |
| 8 |
100% |
| 9 |
110% |
| 10 |
120% |
The policy terminates upon the payment of surrender value.
|
1. Affordable protection. 
2. All your money back and more on surviving the coverage term.
3. Convenience of paying just once.
|
|
| |
|
| |
| |
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
|
|
|
 |
|
|