MetLife India launches Met Suraksha - a term assurance plan

By Our Corporate Bureau | 10 Mar 2004

1

Bangalore: MetLife India Insurance Company Private Limited, the Indian affiliate of America's largest life insurer, Metropolitan Life Insurance Company, has launched Met Suraksha — a non participating term assurance plan.

Met Suraksha is a pure protection plan providing the highest cover at the most economical cost. The sum assured is payable in case of the death of the policyholder during the term, with no maturity benefits. Met Suraksha provides no cash value.

Met Suraksha is a term assurance with no frills. The plan is open to the varied age group of 18-60 years. The policy expires at the age of 65. The sum assured can range from Rs.50, 000 onwards with no upper limit. Choice of the policy term varies from 5, 10, 15, 20 and 25 years and level term to age 60. The base premiums are eligible for tax benefits.

According to Suraj Kaeley, chief marketing officer,"With Met Suraksha, we provide our customers with flexibility of choosing a life insurance plan with the input of minimum cost from our customers end."



Business History Videos

History of hovercraft Part 3 | Industry study | Business History

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2 | Industry study | Business History

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1 | Industry study | Business History

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | Industry study | Business History

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more
View details about the software product Informachine News Trackers