MetLife launches first guaranteed monthly income plan
Press Trust of India / New Delhi Aug 26, 2009, 13:17 IST
MetLife India Insurance today became the first private sector life insurer to provide guaranteed monthly income along with other regular benefits like tax incentives and bonuses with the launch of Met Monthly Income Plan.
The scheme includes the benefit of a guaranteed regular income for a long term along with potential upsides in the form of bonuses, MetLife said in a statement.
In addition, it also ensures continuity of regular income for the family in case of death of the insured, allows for a shorter premium payment term and also provides tax benefits, it said.
Given the uncertainties caused by the volatile economic conditions, the need for a product which provides guaranteed regular income for a longer term is extremely high, said MetLife Managing Director Rajesh Relan.
"Launching Met Monthly Income plan is a natural progression in our journey to offer the consumer a complete range of plans to suit their various needs," he said.
This scheme will significantly complement the company's existing products and services, he added.
MetLife has been among the top 3 fastest growing life insurance companies consecutively for the last 30 months. The company grew at 40 per cent last year even as the industry saw an overall slowdown.This is the second scheme that Metlife has launched during the month.
Earlier this month, the life insurer entered the health insurance business with the launch of an innovative scheme ‘Met Health Care’, offering daily cash benefits in the case of hospitalisation.
Further, customers can avail of the health insurance without undergoing any medical tests, it said.
MetLife has over 55,000 financial advisors, all of whom have gone through rigorous training to understand customer needs.
how can i join met life monthly income plan how much to invest to earn 20000 per month. When the monthly income starts after investing. I want to know terms & conditions.my cell no.9335068501 pz call me
how can i join met life monthly income plan how much to invest to earn 10000 per month. When the monthly income starts after investing. I want to know terms & conditions.my cell no.9888955617 plz call me
please send me the details of monthly gurenteed income plan
Posted by: Rajumon-9847513938
June 03 , 2010, 13:26 IST
* The minimum and the maximum age of entry for the policy is 18 ? 60 years.
* The maximum maturity age is 85 years.
* The minimum monthly income is Rs 2000 per month.
* The sum assured for the policy is 180 times of the monthly income.
* The premium payment term 5 or 10 years.
* The policy term is 20 or 25 years.
* The rider available under this policy is the accidental death benefit rider.
call me- raju 9847513938
Dear sir iam working in gulf there is no secure of job i have 7 lakhs Rs i want invest plz inform me how much monthly guarantee income i may get plz mail me
Posted by: kirubanandhan
November 20 , 2010, 19:09 IST
metlife monthly income plan is the only remedy to solve your problem. it provide guarantee income for 15 years.
for more details contact 9345282981, kirubanandhan m
Dear Sir,
Igot through news paper that your company has launched monthly pension plan so at present I am 40 yrs old and at age of 60 yrs I will get retired and for my livelihood I may be required Rs 10000/-pension monthly . Kindly suggest as to how much premium should I may pay for these 20 yrs so that I may get pension mentioned above
Please Mail me
hi i am rajesh kumar i want to invest in monthly income plan what is the amount i have to pay for that and what will be the amount i will be getting
after investment....
sanjok hi i am sanjok shrestha n i running a buisness in delhi n nepal.so i want to know what is prosses to monthly ur met plan n montly cash minimum how much i will paid... thank u
hi i am sanayaima shama..i running a small business in nagaland. i want to insure my future and i am looking for a monthly income of 10,000 to 15,000.if u guy hv any plain for this then please advise me.....thank.
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