Saving And Investment Plans
MetLife Income Protection Plan
Synopsis:
fjrigjwwe9r3SDPrivInsuProd:Synopsis
This is a flexible life insurance plan that meets your savings as well as protection needs. This plan not only ensures peace of mind by providing financial protection to your family by way of regular monthly income or Lumpsum, but also returns ranging from 100% to 150% of the Total premiums paid on survival till maturity.
Features:
fjrigjwwe9r3SDPrivInsuProd:Features
- Guaranteed Payout
- Protection for your family
- Easy Enrolment
- Flexibility
Benefits:
fjrigjwwe9r3SDPrivInsuProd:Benefits
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- Ensure Financial security for your family in case of your unfortunate death
- Choose to provide regular income for your family to take care of their living expenses in case of your untimely demise
- Guaranteed Lumpsum ranging from 100% to150% of Total premiums paid on survival till Maturity
Eligibility:
fjrigjwwe9r3SDPrivInsuProd:Eligibility
Option name |
Maturity Benefit as % of Total premium paid |
100%RoP |
100% |
110%&RoP |
110% |
130%RoP |
130% |
150%RoP |
150% |
Age at entry (Years)#
Plan Option |
Minimum age (Years) |
Maximum age (Years) |
100%RoP |
18 |
55 |
110%&RoP |
18 |
55 |
130%RoP |
18 |
55 |
150%RoP |
18 |
50 |
Maximum age at maturity (Years)#
Plan Option |
Premium payment term (PPT) |
Policy Term (PT) |
Max. Maturity age |
100%RoP |
5 |
15 |
70 |
110%&RoP |
7 |
15 |
70 |
130%RoP |
7 |
15 |
70 |
130%RoP |
7 |
20 |
75 |
130%RoP |
10 |
20 |
75 |
150%RoP |
10 |
20 |
70 |
Policy Term (Years)
Plan Option |
Premium payment term (PPT) |
Policy Term (PT) |
100%RoP |
5 |
15 |
110%&RoP |
7 |
15 |
130%RoP |
7 |
15 |
130%RoP |
7 |
20 |
130%RoP |
10 |
20 |
150%RoP |
10 |
20 |
Minimum Installment Premium (Rs.)
Plan Option |
PPT-PT |
Minimum Yearly premium (Rs.) |
Minimum Half yearly premium^ (Rs.) |
Minimum Monthly premium per month^ (Rs.) |
100%RoP |
5-15 |
8000 |
4105 |
750 |
110%&RoP |
7-15 |
7000 |
3592 |
650 |
7-15 |
8000 |
4105 |
750 |
7-20 |
7000 |
3592 |
650 |
130%RoP |
10-20 |
5500 |
2822 |
500 |
150%RoP |
10-20 |
7000 |
3592 |
650 |
^Inclusive of Modal loading
Maximum Premium (Rs.) |
Based on maximum Basic Sum Assured of Rs. 10,00,000 |
Minimum Basic Sum Assured(Rs.) |
Based on minimum premium as mentioned above |
Maximum Basic Sum Assured (Rs.) |
10,00,000 |
Premium Payment modes |
Yearly / Half-yearly / Monthly |
#All reference to age are as on age last birthday