MetLife offers Met Suraksha – Term with Return of Premium (TROP), a non participating term assurance plan which provides you life cover at a nominal cost. To put it simply, it is a life insurance plan that gives you complete protection to enjoy life to the fullest. You can further modify your plan with two riders – Accidental Death Benefit and Critical Illness.
Eligibility –
| Minimum Entry Age | 18 years |
| Maximum Entry Age | 50 years |
| Maximum Maturity Age | 65 years |
| Minimum Sum Assured | Rs. 2,00,000 |
| Maximum Sum Assured | No Limit |
| Policy Term | 15 & 20 years |
| Premium Paying Terms | Single Pay, Limited Pay (3 years), Regular Pay |
Product Benefits –
Death Benefit
In the event of death of the Person Insured, the Sum Assured is payable.
Maturity Benefit
On maturity of the policy, you receive the total of all premiums plus the Guaranteed Additions. The Guaranteed Additions are equal to 10(%) per cent of premiums (including policy fee) paid (and excluding extra premiums and rider premiums if any).
Reasons to Buy –
1. Low cost, low risk insurance plan.
2. Choice of a level term plan with or without return of premium.
3. Guaranteed returns of 10% of premium (including policy fee) paid (excluding extra premiums and rider premiums, if any) along with return of premium option of Met Suraksha.
4. Option of different premium paying modes to suit various income cycles.
5. Tax Benefits as applicable.
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