Critical Illness Insurance Protection Plan

Guaranteed Maturity Value while securing future

MetLife Fixed Deposit Protection Plan (MFDPP) - Assurance

MetLife Fixed Deposit Protection Plan (MFDPP) - Assurance

We understand how important financial protection is for you to live the present and protect the future.  You can now save for future, receive maturity value upon policy maturity and enjoy world-class health insurance benefits with just a single premium payment. This policy is very convenient as you don’t have to pay multiple premiums.Why MFDPP:

  1. Affordable one-time premium payment. No need to pay multiple premiums
  2. Financial protection of up to 1.5 times of your single premium
  3. Insurance protection up to 5 yearsTax rebate benefits
  4. Maturity value upon policy maturity
  5. World-class insurance protection for:  

               - Natural Death
               - Accidental Death
               - Accidental Permanent Partial Disability
               - Accidental Permanent Total Disability

At a glance

Natural Death Benefit

If the insured dies of natural causes, the account value or the Face Amount of MFDPP(whichever is higher) will be paid to the Beneficiary.

Accidental Death Benefit

If the insured dies of accidental injuries before maturity, the Benefit payable would be the Account Value or Face Amount of MFDPP (whichever is higher) and 100% of Face Amount for Accidental Death.

Maturity Value

If Policy matures without any covered loss happening to Insured, company pays 100% of the Account Value

Accidental Permanent Partial Disabilities (APPD) Benefit

If insured meets with accident leading to any or some of the covered Permanent Partial Disabilities, company will immediately pay predetermined % of Face Amount for Accidental PPD, the Policy would continue in-force, and company would pay 100% of Account Value on maturity. APPD Benefit against multiple of covered losses will not exceed 100% of Face Amount.

In case of Death of Insured after receiving the APPD Benefits, company would pay higher of Account Value or Face Amount of MFDPP, and remaining % of APPD on death provided that the cause of death could be linked to the accident and that the death occurred 365 days from the date of accident. Otherwise, the death Benefit would be limited to higher of Account Value or Face Amount of MFDPP (MetLife Fixed Deposit Protection Plan).

Accidental Permanent Total Disability (APTD) Benefit

If insured meets with accident and it causes him/her Permanent Total Disability Company would immediately pay 100% of Face Amount, the Policy would continue in-force, and company will pay 100% of Account Value on maturity.

In case of death after receiving the APTD Benefits,the Benefit payable would be the account value or Face Amount of MFDPP (whichever is higher).