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Product Information
Saving And Investment Plans MetLife Guaranteed Savings Plan
Synopsis:
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This is a guaranteed savings insurance plan that helps you fulfil your dreams by offering lump sum benefit on maturity along with guaranteed additions on cumulative premiums. MetLife Guaranteed Savings Plan helps you to create a corpus to achieve your short to long-term goals as per your choice along with securing your family’s future.

Features:

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  • Guaranteed additions on cumulative premiums
  • Guaranteed sum assured on maturity
  • Life cover for the entire policy term

Benefits:

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  • Secure your future with guaranteed returns on cumulative premiums
  • Create a corpus to fulfil short term to long term goals as per your choice
  • Guarantee your child’s higher education with guaranteed benefits at maturity
  • Secure your family’s future with life cover for entire policy term
  • On maturity, your benefits will be :
    1) Sum Assured on Maturity plus 
    2) Accrued Guaranteed Additions
  • Guaranteed additions are added at the end of each Policy Year during the Premium Payment Term 
Eligibility:
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Premium Payment Type 5 Pay 7 Pay 10 Pay
Premium Payment Term (years) 5 7 10
Policy Term (years) 10 15 20
Minimum Age* at entry(years) 8 3 3
Maximum Age* at entry (years) 60 60 60
Maximum age* at maturity (years) 70 75 80
Minimum Annual Premium (Rs) 46,480 21,068 14,178
Maximum Annual Premium (Rs) As per Board approved  underwriting policy As per Board approved  underwriting policy As per Board approved  underwriting policy
Minimum Sum Assured (Rs) 4,00,000 2,00,000 1,50,000
Maximum Sum Assured (Rs) As per Board approved  underwriting policy As per Board approved  underwriting policy As per Board approved  underwriting policy
Premium payment modes Yearly/half yearly/monthly Yearly/half yearly/monthly Yearly/half yearly/monthly