Archive for November, 2009

MetLife’s Met Junior Money Back

MetLife introduced new life insurance policy ‘Met Junior Money Back’ – a money back policy that comes with twin benefit, savings and protection. Your child’s happiness is your highest priority. Metlife furnish you a policy that suits your child which caters guaranteed endless survival benefits at the end of 5, 10 & 15 years, along with guaranteed growth of your savings.

A plan which offers both apropos and efficient return on investment with payouts at every episodes.

Death Benefit-

1. Sum Assured plus guaranteed additions is being paid in the event of death of the Person Insured.
2. The policyholder is entitled to Guaranteed Additions of Rs. 100/ per Rs. 1000/- Sum Assured every year.
3. If there is an unfortunate death of the child before age 7, then the Death Benefit is equal to the return of premiums adding interest on premiums.

Maturity Benefit-

On maturity, the Life Insured will receive the Survival Benefits along with the Guaranteed Addition.