Met Life Insurance is important not only for emergency financial support but also for safeguarding the financial requirements of your family. They are one of the leading life insurance providers with an array of flexible and easily accessible policies bought by millions of people worldwide. A wide range of policies from ‘Permanent and Whole’ to ‘Universal and Variable’ policies are available. Give us the opportunity to secure your financial priorities.
Met Life Insurance provides ‘Permanent’ policies with the facility of cash value accumulation over a period of time. This earning by the policy holder is exempted from taxes and can be withdrawn for various family needs, educational purposes prevalent among them. The withdrawn amounts and loans taken also come under the tax- exemption provision. This policy is popular among those who are in need of long term policies and want to accumulate cash value with tax –exemption for future goals or expenditure.
‘Whole Life’ is the most common type of ‘Permanent’ policy provided by Met Life Insurance. This policy fulfills the lifetime need of many individuals. The premium is classified according to the age and health of the insured and younger individuals are at an advantage of getting favorable premiums and cash growth assurance over the period. Compared with Term premiums the Whole premiums which are higher. The Whole policy has the additional advantage of accruing yearly dividends depending on the investment and some other variables.
‘Universal Life’ is the most favored insurance safeguarding family needs. ‘Guarantee Advantage Universal Life’- a special product of Met Life Insurance ensures lifelong financial support for the policy holder’s family in the form of monthly payments. It is flexible over the policy period and priced competitively .The characteristic of this policy is cost effectiveness and not merely cash value accumulation. The provision of monthly payment ensures that the beneficiaries keep the desired standard of living.
‘Variable’ policy guarantees fund for a living policy holder and for his/her beneficiaries and dependents after his/her death. This amount is usable for investment purposes. Since the accumulation of cash under this policy depends on the funding option chosen by the policy holder, the earning may not be fixed over all periods but has potential for growth. Met Life has widely expanded its product range and leads the field in the U.S and other parts of the world.