1.
Met Growth Super
Overview
MetLife offers 'Met Growth Super' - a Unit-Linked
solution to help you plan for your golden years. It
is specially designed to provide financial security
for your future requirements. This plan allows you
to start planning immediately by ensuring the
safety of your first year premiums. It also helps
create your retirement fund faster by giving you
100% allocation from the second year onwards,
coupled with attractive loyalty additions into your
fund. Guaranteed.
At a glance
Entry Age (in Min – 0 years (3
completed months to be
years) completed)
Max – 60 years
Maturity Age Min – 20 years
Max – 80 years
Coverage Term 20 / 25 / 30 years
Premium Regular
Payment Term
Minimum Rs. 18,000
Annualized
Premium
Basic Sum Min – 5 times / 10
Assured times # /20
times # the Annualized
Premium.
Premium Monthly, Quarterly,
Paying Modes Half-yearly, Yearly,
PSP
Benefits
Death Benefit
In the unfortunate event of death, the higher of
the Sum Assured or the Fund Value would be
payable.If death of the Person Insured occurs
before age 7, the Fund Value plus the regular
premium received by us in the first policy year is
payable.
Maturity Benefit
On maturity, you will receive the Fund Value
including the Guaranteed Loyalty Addition or you
can opt for the settlement options.
Loyalty Additions
You get the guarantee of enhancing your wealth
creation through guaranteed loyalty additions (up
to 120%# of the first year annual premium) at the
end of the 10th & 15th year plus Guaranteed
Additions as a % of the Fund Value.
At the end of the 10th year: 50% of the first
year annualized premium
As a percentage of the first year At the
annulized premium (in Year 15) end of
Annulized Guaranteed Loyalty the 15th
premium (Rs) Addition year:
Silver (18,000 – 55% of the first year
29,000) annualized premium Reasons
Gold (30,100 – 60% of the first year to buy
2,00,000) annualized premium
Platinum 70% of the first year
(2,00,001 & annualized premium
above)
1. Maximize your return potential – 100% of
your premium invested in funds of your choice
from the 2nd year onwards.
2. Get Guaranteed Loyalty Additions of up to
120%# of your first year premiums
3. Get guaranteed loyalty additions of 2% of
your average Fund Value for coverage terms
of 20, 25 and 30 years.
4. Liquidity in the form of Partial Withdrawals
and Surrender Benefits.
5. * Tax Benefits as applicable.
2. Pension Plus
Overview
MetLife offers, Met Pension Plus a Unit Linked
Pension Plan (Non Par), a plan that gives you this
freedom to help you achieve your aspirations by
giving you return on investment and an
opportunity to venture out in life, that you truly
deserve. Now, you can live life the way you want
to, today and in the future.
Met Pension Plus, when you stop working for
money and money starts working for you.
At a glance
Minimum 18 years for Regular
Age at Premium Policy
entry of 35 years for Single Premium
the Policy
Person
Insured
Maximum 63 years for Regular
Age at Premium Policy
entry of 64 years for Single Premium
the Policy
Person
Insured
Minimum 45 years
Vesting
Age
Maximum 70 years
Vesting
Age
Policy For RegularPremium - 7
Term years - 52 years (running
years), subject to satisfying
the minimum and maximum
vesting age
For Single Premium - 6
years to 10 years only
Premium Single Pay & Regular Pay
Paying
Options
Minimum Premium Minimum
Premium Paying Premium
Option/Policy
Term
Single Pay Rs.
100,000
Regular Pay Rs.
<10 years term 50,000
p.a. (for
Annual &
Semi-
Annual
modes)
Rs.
72,000
p.a. (for
Quarterly
mode)
Rs.
84,000
p.a. (for
Monthly
mode)
Regular Pay 10 Rs.
to 14 years 25,000
term p.a. for all
modes
Regular Pay Rs.
>=15 years 18,000
term p.a. for all
modes
Minimum Rs.5,000 per Top-Up
Top-Up Premium
Premium
Maximum Any Amount
Top-Up
Premium
Premium Single, Annual, Semi-
Paying Annual, Quarterly, Monthly
Modes & PSP modes
Benefits
Death Benefit
In case of an unfortunate death of the Person
Insured during the deferment period MetLife will
pay to the nominee the Total Fund Value in the
Unit Account including Top-Up fund value and
Guaranteed Loyalty Additions (if any).
If the nominee is your named spouse, then your
spouse has the option to choose any of the
immediate annuities offered by MetLife or can also
purchase an annuity from any other insurer.
Vesting Benefit
At the end of the policy terms, you have the
following options to get the vesting benefit under
this Plan;
- Use 100% of the Fund Value at maturity date to
buy annuities.
- Commute up to 1/3rd of the Fund Value at
maturity and utilize the balance to buy
annuities.
Guaranteed Loyalty Additions
With Met Pension Plus, you get the benefit of
enhancing your retirement corpus with Guaranteed
Loyalty Additions which are added to your policy so
you potentially get higher pensions.
Guaranteed Loyalty Additions are payable only if
all premiums are paid.
Other Flexibilities
Unlimited Top-Up Premium Option: Your
Pension Planning has now become easy and
simple. You can Top-Up your Met Pension Plus plan
with additional premiums any time after you
purchase the plan. Top-Up Premium is Rs.5,000.
Top-Up Premium are accepted only if due Regular
Premiums have been paid. What's more, there are
no restrictions on the maximum amount of Top-Up
Premium also.
Preponement/Postponement of
Vesting/Maturity Date: You have the option to
prepone or postpone your vesting date during the
lifetime of the policy to help you plan your lifestyle
changes. Preponement/Postponement is allowed
only once during the lifetime of the policy. Other
conditions apply.
Eight Immediate Annuity Options: Available at
the vesting date through our Immediate Annuity
Non-Par Plan (UIN: 117N029V01).
Open Market Annuity Option: MetLife also offers
you the flexibility to buy a pension from any other
insurer of your choice at the time of vesting. So,
you have the freedom to take the best offer
available in the market.
Reasons to buy
1. Maximize your post retirement income with
Guaranteed Loyalty Additions.
2. Simplified and hassle free purchase
process.
3. Flexibility to postpone and prepone your
retirement.
4. *Tax Benefits as applicable.
3. Pension Plus
Overview
MetLife offers, Met Pension Plus a Unit Linked
Pension Plan (Non Par), a plan that gives you this
freedom to help you achieve your aspirations by
giving you return on investment and an
opportunity to venture out in life, that you truly
deserve. Now, you can live life the way you want
to, today and in the future.
Met Pension Plus, when you stop working for
money and money starts working for you.
At a glance
Minimum 18 years for Regular
Age at Premium Policy
entry of 35 years for Single Premium
the Policy
Person
Insured
Maximum 63 years for Regular
Age at Premium Policy
entry of 64 years for Single Premium
the Policy
Person
Insured
Minimum 45 years
Vesting
Age
Maximum 70 years
Vesting
Age
Policy For Regular Premium - 7
Term years - 52 years (running
years), subject to satisfying
the minimum and maximum
vesting age
For Single Premium - 6
years to 10 years only
Premium Single Pay & Regular Pay
Paying
Options
Minimum Premium Minimum
Premium Paying Premium
Option/Policy
Term
Single Pay Rs.
100,000
Regular Pay Rs.
<10 years term 50,000
p.a. (for
Annual &
Semi-
Annual
modes)
Rs.
72,000
p.a. (for
Quarterly
mode)
Rs.
84,000
p.a. (for
Monthly
mode)
Regular Pay 10 Rs.
to 14 years 25,000
term p.a. for all
modes
Regular Pay Rs.
>=15 years 18,000
term p.a. for all
modes
Minimum Rs.5,000 per Top-Up
Top-Up Premium
Premium
Maximum Any Amount
Top-Up
Premium
Premium Single, Annual, Semi-
Paying Annual, Quarterly, Monthly
Modes & PSP modes
Benefits
Death Benefit
In case of an unfortunate death of the Person
Insured during the deferment period MetLife will
pay to the nominee the Total Fund Value in the
Unit Account including Top-Up fund value and
Guaranteed Loyalty Additions (if any).
If the nominee is your named spouse, then your
spouse has the option to choose any of the
immediate annuities offered by MetLife or can also
purchase an annuity from any other insurer.
Vesting Benefit
At the end of the policy terms, you have the
following options to get the vesting benefit under
this Plan;
- Use 100% of the Fund Value at maturity date to
buy annuities.
- Commute up to 1/3rd of the Fund Value at
maturity and utilize the balance to buy
annuities.
Guaranteed Loyalty Additions
With Met Pension Plus, you get the benefit of
enhancing your retirement corpus with Guaranteed
Loyalty Additions which are added to your policy so
you potentially get higher pensions.
Guaranteed Loyalty Additions are payable only if
all premiums are paid.
Other Flexibilities
Unlimited Top-Up Premium Option: Your
Pension Planning has now become easy and
simple. You can Top-Up your Met Pension Plus plan
with additional premiums any time after you
purchase the plan. Top-Up Premium is Rs.5,000.
Top-Up Premium are accepted only if due Regular
Premiums have been paid. What's more, there are
no restrictions on the maximum amount of Top-Up
Premium also.
Preponement/Postponement of
Vesting/Maturity Date: You have the option to
prepone or postpone your vesting date during the
lifetime of the policy to help you plan your lifestyle
changes. Preponement/Postponement is allowed
only once during the lifetime of the policy. Other
conditions apply.
Eight Immediate Annuity Options: Available at
the vesting date through our Immediate Annuity
Non-Par Plan (UIN: 117N029V01).
Open Market Annuity Option: MetLife also offers
you the flexibility to buy a pension from any other
insurer of your choice at the time of vesting. So,
you have the freedom to take the best offer
available in the market.
Reasons to buy
1. Maximize your post retirement income with
Guaranteed Loyalty Additions.
2. Simplified and hassle free purchase process.
3. Flexibility to postpone and prepone your
retirement.
4. *Tax Benefits as applicable.
