"Guaranteed Monthly Income Plan"
Protect Your Income .........
Guarantee Your Retirement ........
Secure Your Future.........
MetLife India Insurance has become the first private sector insurance company to provide guaranteed monthly income along with other regular benefits like tax incentives and bonuses.
"Given the uncertainties caused by the volatile economic conditions, the need for a product which provides guaranteed regular income for a longer term is extremely high. Launching Met Monthly Income plan is a natural progression in our journey to offer the consumer a complete range of plans to suit their various needs."
Plan at a Glance
.
Max – 60 years
Maximum Maturity Age 85 years
Minimum Monthly Income - Rs. 2,000 p.m.
Sum Assured - (fixed) 180 times the Monthly Income
Premium Payment Term - 5 years or 10 years
Policy Term - 20 years or 25 years
Riders - Accidental Death Benefit Rider
1. Guaranteed monthly regular income that you choose at inception payable for 15 years i.e. 180 months.
2. In case of unfortunate death during the term of the policy, your family will immediately get an amount equal to 25% of the Base Sum Assured (45 times monthly regular income).
3. Guaranteed payment of monthly regular income even after the death of the Person Insured - If the monthly regular income has already commenced, the balance monthly income installments will be paid to the nominee as and when they are due. If the monthly regular income has not commenced, the same will be commenced starting from the first monthly anniversary following the date of death and shall be paid for the next 15 years to the nominee.
4. Payment of an additional Sum Assured in case of accidental dealth if Accidental Death Benefit Rider has been opted by you at inception.
5. Tax benefits* on both the amount invested and the benefits received under Section 80 C and Section 10 10D.
For more Details Please Feel Free To
Call 24X7 - +91808 2211 786
Or
Email- info@kingsonlife.com
Log On - www.kingsonlife.com
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