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Health and Protection
MetLife Health Savings Plan (MHSP)
Health insurance is your best investment
MetLife Health Savings Plan (MHSP)
Even when danger comes announced, will you be ready? The risk of death from diseases such as stroke, heart attack, and cancer increases significantly if there is a family history of these critical illnesses.
When you stay healthy, your loved ones thrive too. That’s why MetLife brings you the MetLife Health Savings Plan, designed with your overall well‑being in mind and customizable to fit your needs.
At a glance
Base Plan
a. Maturity Benefit:
100% of the Basic Account Value + MetLife Health Wallet Balance (if available).
b. Death Benefit:
Face Amount + Basic Account Value + MetLife Health Wallet Balance (if available).
c. Additional Accidental Coverage:
Up to 5 times the Face Amount.
Customized Protection
Customize your health protection by adding riders that best suit your individual needs when purchasing your policy.
- In-Hospital Daily Income: Coverage of up to BDT 20,000 per day during hospitalization
- Critical Illness Coverage:
- Critical Illness (Health Essential): Coverage against 8 critical illnesses
- Critical Care (Health Extensive): More extensive coverage against 25 critical illnesses
- Accidental Medical Reimbursement: Reimbursement of medical expenses arising from an accident, up to the specified rider limit
Partial Withdrawal
Starting from the second year of the policy, you will be able to use a portion of the Account Value for health‑related expenses through the Health Card.
MetLife Health Card
All policyholders will receive a Health Card issued by Eastern Bank PLC (EBL). Your Health Card balance will include your deposited amount, plus a designated portion of the Basic Account Value from the second policy year onward. This card can be used to make cashless payments for healthrelated expenses at hospitals, diagnostic centers, and pharmacies. Cash withdrawal is not permitted through this card, ensuring that your accumulated funds remain reserved exclusively for health-related expenses and are available when needed for healthcare.
MetLife Health Wallet
Would you like to save for your future healthcare needs? By depositing additional funds into the MetLife Health Wallet, you can prepare for future health-related expenses. The accumulated balance can be used for cashless payment of health-related expenses through the Health Card. Furthermore, the applicable crediting interest rate on the Health Wallet fund helps your savings grow over time.
24/7 Policy Information
As the MetLife Health Savings Plan is integrated with the One by MetLife app, you can easily access policy information, updates, required certificates, and the balances of your Health Wallet and Health Card at any time. You can also view details of discounts available at healthcare providers and stay updated on Health Card offers and benefits through the app.
Tier-based-Membership
Through this policy, you will enjoy the flexibility to choose your preferred membership option — Premium Plus, Premium, or Standard.
Health Saving Tiers
MHSP
More information about this product
MetLife Health Savings Plan(MHSP): Frequently Asked Questions
The MetLife Health Savings Plan (‘MHSP’ or ‘Policy’) is a life insurance product designed to help Policyholders build savings while enjoying exclusive health benefits. It features the MetLife Health Wallet, which can be used for medical emergencies, offers cashless hospitalization and also allows Policyholders to deposit funds for future needs. Additionally, Policyholders can enhance their health coverage by adding preferred riders.
The MetLife Health Card is a prepaid card that gives MHSP Policyholders access to the MetLife Health Wallet. Policyholders can use the Health Card for cashless payments at hospitals, diagnostic centers and pharmacies. Customers can also add funds to the MetLife Health Wallet for future healthcare payments.
MetLife Health Wallet is an exclusive benefit for the Policyholder, allowing optional Top-Up deposits of additional funds up to the allowable limit.
- This allows Policyholders to add extra funds to their MHSP accounts for transaction flexibility as per Policy rules.
- Deposits for the MetLife Health Wallet can be made through the MetLife Head Office, MetLife Customer Touch Points/Sales Offices, One by MetLife app, designated bank channels, and MFS.
There are three types of MetLife Health Card based on Monthly Premium:
• Monthly Premium BDT 15,000 and above – Premium Plus (Blue Card)
• Monthly Premium from BDT 5,000 to BDT 14,999 – Premium (Silver Card)
• Monthly Premium up to BDT 4,999 – Standard (Green Card)
For other premium payment modes, the premium amount will be a multiple of the monthly premium.
The MetLife Health Card enables Policyholders to pay medical expenses at hospitals, diagnostic centers, and pharmacies.
Every active MHSP Policyholder is eligible for a card.
Report it to the nearest police station and call the bank hotline at “16230” directly to block the card.
Initially, the MetLife Health Card is valid for three years from the date of issuance and will be renewed if the Policy is active.
Contact the MetLife Customer Care Hotline at “16344,” Email Support, the One by MetLife app, or the nearest MetLife Customer Touch Point.
Yes, there is a maximum limit for each transaction made with the MetLife Health Card, depending on the card type and the Policyholder’s available balance. The transaction limits are as follows:
• Premium Plus (Blue Card) – BDT 250,000
• Premium (Silver Card) – BDT 200,000
• Standard (Green Card) – BDT 150,000
There is no limit to the number of transactions per day, as long as sufficient balance remains in the Policy.
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