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Met 100
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Features
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MetLife presents Met 100 - a whole life policy where you pay premiums for 15, 20 or 25 years. It helps create a legacy for the children, leaving money for a dependant spouse and, more importantly, provides insurance cover at affordable rates.
Met 100 is available in both participating (UIN:117N011V01 - Met 100 Gold & UIN:117N012V01 - Met 100 Platinum) as well as non-participating versions (UIN:117N001V01).
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Par |
Non-Par |
| Minimum Entry Age |
15 yrs |
0 yrs |
| Maximum Entry Age |
70 yrs for ppt of 15 yrs
65 yrs for ppt of 20 yrs
60 yrs for ppt of 25 yrs |
70 yrs for ppt of 15 yrs
65 yrs for ppt of 20 yrs
60 yrs for ppt of 25 yrs
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| Premium Paying Terms |
15, 20, 25 yrs |
15, 20, 25 yrs |
| Minimum Sum Assured |
Rs. 50,000 |
Rs. 50,000 |
| Maximum Sum Assured |
No limit (subject to UW) |
No limit (subject to UW) |
| Minimum Annual Premium |
Met 100 Gold: Rs. 2,500
Met 100 Platinum: Rs. 7,500 |
Rs. 1,000 for issue age of < 15 yrs
Rs. 2,500 for issue age of > = 15 yrs |
Riders
Accidental Death Benefit Rider - (UIN:117B001V02)
Critical Illness Rider - (UIN:117B007V01)
Waiver of Premium Rider - (UIN:117B002V01)
Term Rider - (UIN:117B003V02)
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Death Benefit
Met 100 - Par
In the event of death, the Sum Assured plus the Reversionary Bonus and Terminal Bonuses, if any, are payable.
Met 100 - Non-Par
In the event of death, the Sum Assured is payable.
Maturity Benefit
Met 100 - Par
On maturity of the policy, the Sum Assured plus the Reversionary Bonus and Terminal Bonuses, if any, are payable.
Met 100 - Non-Par
On maturity of the policy, the Sum Assured is payable.
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Disclaimers:
For more details on risk factors , terms and conditions please read sales brochure carefully before concluding a sale”. Insurance is the subject matter of the solicitation.
*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. LD/2009-10/EC461/384 |
"In accordance with the IRDA Approval Dated 25 Nov'09, the maturity age in Met 100 Gold - Par WL (UIN-117N011V01), Met 100 Platinum (UIN-117N012V01) & Met 100 - Non par (UIN-117N001V01) products is 99 Years. For policies issued before 08th March'10, the modification has accordingly been done in the policy register." |
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