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MetLife Insurance- Met Suvidha

Met Suvidha is a combination of saving & security for your life time. It gives you protection till the maturity of the plan and thus you can save for a specific long term financial objective. Met Suvidha is said as a saving cum protection plan. Met Suvidha is offered in both participating as well as non-participating versions.

Features of Met Suvidha
1. Met suvidha is an endowment plan that offers saving & life insurance .
2. There are different premium payment options to suit various income cycles.
3. You can customize your plan with rider benefits like-Accidental death benefit, Critical illness rider, wavier of premium rider and term rider.

4. Death Benefits
Participating-In case the insured die during the term of the policy, the beneficiary will get the base sum assured,accured reversionary bonus & terminal bonus(if any).
Non Participating- In case insured die during the term of the policy, the beneficiary will get the base Sum Assured.

5. Maturity Benefits
Participating- Here you will receive the base sum assured, accrued reversionary bonus & terminal bonus (if any).
Non Participating- You will receive the base sum assured.

6. Bonuses- Those people who took the participating polices can enjoy Bonuses. Although they are not guaranteed as they are based on the company’s actual investment returns. No bonus is payable for the first 2 years of the policy.

Eligibility

Parameters	Minimum	Maximum
Entry Age	Participating- 15years, Non participating- 15years	Participating- 60years, Non participating- 70years
Term	Participating- 15years, Non participating- 5years	Participating- 30years, Non participating- 30years
Sum Assured	Rs.75,000	Nil
Annual Premium	Minimum Rs.2,500

Riders Benefits

Different Riders	Accidental death benefit	Critical illness rider	Wavier of premium rider	Term rider
Entry Age	Min-15 years Max-55 years	Min- 18years Max-55 years	Min- 15years Max-55 years	Min- 15years Max-55 years
Sum Assured	Min-Rs.50,000 Max- Rs. 10, 00,000 or base Sum Assured whichever is lower	Min-Rs.50,000 Max- Rs. 10, 00,000 or base Sum Assured whichever is lower	Min-Rs.50,000 Max- Rs. 10, 00,000 or base Sum Assured whichever is lower	Min-Rs.50,000 Max- Equal to Base sum assured
Maximum Age of maturity	60 years	60 years	60 years	60 years

Disclaimer: Please note that the information provided is collected from sources publicly available & we believe to be reliable. The website doesn’t warrant the accuracy, reliability & absolute information available on the website. Participation by site visitors or registered customers is on a voluntary basis. The policies are offered by various life Insurance & non-life insurance offering companies and Bimadeals does not seek to, either directly or indirectly, advise, offer, solicit or recommend that any person who is or proposes to become its member should purchase the Policy.

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