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Education Protection Plan (EPP) Plus

Secure your Child’s Future

The cost of higher education has been on the rise for many years now. An Education Protection Plan from MetLife Bangladesh will allow you to secure your child’s future by planning for their educational needs.
 
  • Give your children the best start in life by saving with MetLife for their education
  • Flexible Policy with terms of up to 21 years
  • Waiver of  Premium facility
  • Provides a regular income to cover your child’s higher education expenses in the unfortunate event of the death of the Policy owner
  • Option to choose a disability protection rider 
Life Insurance Coverage
Death Benefit

A) Future Premium under the Policy will be waived and the Policy would continue till the maturity,

B) Income for education equal to 1% of the Face Amount will be paid every month to the insured child till the maturity of the Policy, and

C) At maturity, he/she would receive the Face Amount with bonus(es).

Payment on your Disability
Disability Protection Rider

For an additional Premium, in the event of your Total and Permanent Disability due to Sickness or Accident: 

A) Future Premiums will be waived.

B) Income equal to 1% of the Face Amount will be paid every month to the child till the maturity of the Policy.

C) At maturity, he/she would receive the Face Amount with bonus(es).

Maturity Value
Personal Accidental Coverage (if chosen)

A) Accidental Death and Permanent Total Disability will be equal to basic Face Amount but not exceeding BDT 2,000,000.

B) Accidental Dismemberment will be up to basic Face Amount but not exceeding BDT 2,000,000.

C) Accident Medical expense Reimbursement limit per accident will be up to 15% of basic Face Amount but not exceeding BDT 300,000.

Additional Accidental Coverage
Maturity Benefit

At Policy maturity, the Face Amount of the Policy plus Bonus(es) are paid. The money can be used to pay for his/her higher education. Or if he/she has already completed education, money may be very helpful to start his/her new career, cover marriage expenses, or support other important events in life.

Valuable Optional Rider
Valuable Optional Riders

You can also add the following optional Riders to your basic Policy by paying additional Premium

A) MediCare

B) Hospital Care

C) Critical Care