Key Benefits of MetLife Monthly Income Plan – 10 Pay

1

Guaranteed monthly income for your family.
2

Financial Protection
3

Tax savings

Overview

A participating plan which guarantees a monthly regular income for you and your family, even when you are not there, for 15 years or till end of the policy term. Moreover you choose the monthly income that you want and we guarantee you that amount.

MetLife Monthly Income Plan – 10 Pay ensures

Receive monthly income for 15 years with a 10-year premium plan.
Yearly bonus , if any, pay out enhances value of your plan.
Tax-Free income and bonus , if any.
Financial protection for you and your loved ones.

Product Benefits

Maturity Benefit

Upon completion of the policy term, you can choose to receive the bonuses accumulated as a lump sum or use it to increase your monthly income sum for the next 15 years.

Death Benefit

In the event of death, your family will have the flexibility of receiving a lump sum pay out or guaranteed monthly income.

Simple Reversionary Bonus

If any, payout will be added to your policy from the third year onwards until the end of the policy term. The bonus will be paid out upon death or at the end of the policy term.

Particulars	Boundary Conditions
Premium Payment Term/Policy Term	10 years
Min/Max Age at entry*	18-55 years
18-55 years	65 years
Monthly Income Duration	180 Months(15 Years)
Min. Monthly Income	Rs.1,500
Max. Monthly Income	Rs. 100,000

*Age Last Birthday

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