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Insurance policy is a contract of protection/compensation by the insurer to the insured. It is designed to reimburse or compensate the insured party for the financial loss caused in event of death or damage to merchandise as mentioned in the insurance contract.

Broadly insurance can be classified in two categories:
First - Life Insurance which matures in event of death of the insured/policyholder. On occurrence of such an event the insurance company pays a sum of money assured to the nominee/beneficiary (person nominated by the policyholder). Life Insurances are of two types:
Traditional Plans - which contain Endowment Plan , Cash Back Plan, Term Plan , (Term Life Insurance) and Whole life policy. And Unit-linked Insurance Plans - are of 4 types - Endowment cum Ulips, Children Plan , Retirement Plan or Pension plan and investment/saving plans.
Second - General insurance. All insurance policies other than life insurance policies come under general insurance segmentation. (Also known as non-life insurance policies). These policies include Home Insurance, Auto Insurance, Travel Insurance, Marine Insurance, Theft Insurance, Office insurance and Health insurance
Health insurance is most acquired policy in general insurance segment. Health insurances are of 3 types - Comprehensive Plan - which include Mediclaim and Fixed benefits plan, Accidental Insurance and Critical Care plan .
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Home > Life Insurance > Life Insurance Companies > MetLife Insurance > Met Suraksha Plus

MetLife Insurance- Met Suraksha Plus

Met Suraksha Plus is a pure risk cover plan that protects your life at a nominal cost. It is a life insurance plan , which provides you complete financial protection to your family at any unforeseen circumstances. With this plan you can get the option to get back all the premiums paid at maturity with bonus. In this Policy you can choose between two options, which are:
1. Term Assurance: This is the simplest insurance plan. It covers the life insured in case of death during the policy term.
2. Term Assurance with Return of Premium: This plan covers the life insured in case of death during the policy term and if the Policyholder survives during the term you can get back all the premiums paid throughout the policy term.

Benefits
1. You get a pure risk insurance plan at a low cost.
2. You can choose a Term Plan with or without return of premium.
3. You get guaranteed additions 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. You can customize your plan with riders and increase cover with only a marginal increase in premium.
5. You can avail tax benefits as applicable.

Eligibility
Minimum issue age : 18 years of age on last birthday.
Maximum issue age :
• Met Suraksha Plus - Term Assurance: 60 years of age on last birthday
• Met Suraksha Plus - Term Assurance with Return of Premium: 50 years of age on last birthday.
Maximum Maturity age : 70 years of age on last birthday.
Minimum Sum Assured : 25,00,000 for non smokers
Maximum Sum Assured : No limit.
Premium Paying Modes : Annual, half-yearly, quarterly and monthly.
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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