|
 |
|
|
Met Group Life in lieu of EDLI
|
Features
|
|
MetLife offers ‘Met Group Life in lieu of EDLI’ - a group life insurance policy that can be taken for employees who are covered under Employee’s Provident Fund and Miscellaneous Provision’s Act, 1976 in lieu of the mandatory EDLI. It is a highly convenient product that provides cover against death and protects the family. It helps meet the EDLI objectives while providing higher coverage.
|
| Entry Age (in completed years) |
Min – 18 years
Max – 69 years |
| Maturity Age |
Max – 70 years |
| Sum Assured |
Min – Rs. 2,000 above PF balance based on notional PF balance
Max – Rs. 2,50,000 |
| Premium |
Min – Rs. 5,000 per annum |
| Coverage Term |
1 year (life basis), can be renewed |
| Premium Payment Term |
Regular |
| Premium Payment Modes |
Annual, Semi-Annual, Quarterly, Monthly |
Riders
Group Accidental Death Benefit Rider
Met Group Riders
|
Death Benefit
100% of the sum assured on death.
Maturity Benefit
There are no survival or maturity benefits associated with this product.
Surrender Benefit
There is no surrender benefit associated with this product.
|
|
| |
|
| |
| |
For more details on risk factors , terms and conditions please read sales brochure carefully before concluding a sale”.
*Tax benefits are as per the provisions of Income Tax Act, 1961, and the same are subject to amendments made thereto from time to time, please consult your tax consultants for more details
|
|
|
|
 |
|
|
|
|
 |
|
 |
|
|
 |
Customer helpline no. :
1-800-425-6969
( 24 Hrs. - Within India only)
or +91-80-2650-2244
(8 am - 8 pm )
Fax : 080-41506969 |
 |
 |
SMS MET HELP to 56161
(Special SMS Charges Apply) |
|
 |
indiaservice@metlife.co.in |
|
|
|
|
|
 |
 |
 |
|
|
|
|
|