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  KNOWLEDGE CENTER

Buying a Policy


In this section, you will find answers to most of your questions on buying a MetLife policy. However, if you need additional information, do not hesitate to
 ask for an agent.  

What kind of life insurance policy is best suited for me?

Click here to find out about the life insurance policy best suited for your needs.

1

Who can I contact to buy a Life Insurance Policy from MetLife?


Call us on the toll free number, 1800-425-6969 between 9 am – 6 pm and leave your name, number and the city you are calling from . Your request will be forwarded to one of our Financial Advisors who will visit you to discuss your life insurance requirements.

1

How long does it take for the policy to be issued?


Once we receive your application along with the necessary documents, it takes about 15 days for us to dispatch your policy.

1

What are the products offered by MetLife?

MetLife has a host of Life Insurance products to offer. Please click on the link given below for further assistance

Product Details

1

Does a policy from MetLife entitle me to tax benefits?


You can avail various tax benefits by investing in an insurance policy. These include:

  • Premiums paid under MET Pension Plan and Met Advantage Plan are eligible for a deduction under Section 80 CCC (1) of the Income Tax Act, 1961, subject to conditions as mentioned in the section.
  • Premiums paid towards Critical Illness Rider, Waiver of Premium Rider and Disability Benefit Rider are eligible for a deduction under Section 80 D of the Income Tax Act, 1961, subject to conditions as mentioned in the section.
  • Life Insurance Premiums paid under all other policies towards Base Premium,
    Term Rider Premium and Accident Rider premium Premiums are eligible for a deduction under 80C of the Income Tax Act, 1961, subject to conditions as mentioned in the section.

1

What are the various payment modes available?


A policy holder can choose any of the following modes for premium payment:

  • Monthly
  • Quarterly
  • Semi-Annual
  • Annual
  • Payroll Savings Program
  • Single Pay

However, the mode of payment is dependent on the product features.

1

Is a medical examination necessary to buy an insurance policy?

The requirement for a medical examination is based on the decision of the Underwriter. It also depends on the face amount of the policy opted for and the age of the person insured, at the time of purchasing the policy.

1

Does MetLife offer Medical Insurance Coverage?

MetLife India is a life insurance company offering customized life insurance solutions.

1

Does MetLife offer automobile insurance?

MetLife India offers Life Insurance products that can be tailored to suit individual requirements. We suggest you contact any of the General Insurance companies for further assistance.

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© MetLife India Insurance Company Ltd. All Rights Reserved

Insurance is the subject matter of the solicitation
Regd. Office :MetLife India Insurance Company Ltd., 'Brigade Seshamahal',
5 Vani Vilas Road, Basavanagudi,Bangalore - 560004; IRDA Registration Number : 117