Topic: Term insurance policies from Metlife insurance company in India

This message was edited 1 time. Last update was at 02/06/2009 12:52:22

please give me details

Metlife offers term insurance by the name Met Suraksha. It is a pure risk cover .You can further customize your plan with two riders-Accidental Death Benefits and Critical Illness. It gives you the option of getting back all the premiums paid at maturity (Term Assurance with Return Of Premium(TROP).

Metlife also offers Met Mortage is a loan protector for all loans taken for any period above 5 years. This plan is not just for home loans,but every other kind of loan. This unique plan is a decreasing term insurance with single and limited premium options. The policy covers for an amount equal to the outstanding loan. In case of an unfortunate event of death of the life insured,it will pay out the outstanding loan amount.

This message was edited 1 time. Last update was at 23/06/2009 13:21:42

I am surprised as to why people opt to save a few thousand rupees and select an insurance comany which may not even exist at the time of claim settlement.

Proof: http://economictimes.indiatimes.com/Personal_Finance/Insurance/Insurance_news/
LIC_tops_in_death_claims_settlement/rssarticleshow/2993023.cms

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