Depositors Protection
Co-operative depositors
Three fixed cover tiers. Pick a tier and the cover is set.
- Loss of Life
- Accidental Death, Dismemberment and PTD
Five MetLife plans, from term cover for one person to group cover for a co-operative or a school. Tell us how to reach you and one of our team calls back to talk through what fits and what it costs.
We do the paperwork and the follow-up, the same as we do for a bluebook.
Which of these apply depends on the plan. Your call back walks through the combination that suits you.
Pays the sum assured to your nominee if you die during the cover period, from any cause.
An additional payout for death or permanent disability caused by an accident.
A lump sum on diagnosis of a covered critical illness, paid regardless of treatment cost.
Reimburses accident-related medical expenses per event, above a small deductible.
Pick one on the form if you already know which you want, or leave it blank and we will advise.
Co-operative depositors
Three fixed cover tiers. Pick a tier and the cover is set.
Co-operative loan customers
Cover follows the outstanding loan amount, so the loan is settled rather than inherited.
Schools and colleges, per student
A fixed cover option per student, chosen from a set table.
Individuals wanting full cover
You choose the amount for each of the four benefits, within the limits below.
Individuals wanting term cover only
Loss of Life insurance alone, on the same limits as Smart 360.
The premium depends on the plan, the cover you choose and which group you belong to. Rather than show a figure that turns out not to be yours, we work it out with you on the call and tell you the exact amount before anything is signed.
Ask for your figureSmart 360 and Smart Super Term let you set the cover yourself, within these limits.
| Benefit | You may cover |
|---|---|
| Loss of Life | Rs. 5,00,000 to Rs. 1,00,00,000 |
| Accidental Death, Dismemberment and PTD | Equal to Loss of Life, up to 2x, never above Rs. 1,00,00,000 |
| Critical Illness | Up to Loss of Life, capped at Rs. 50,00,000, whichever is lower |
| Accidental Medical Reimbursement | Rs. 1,00,000 per event, above a Rs. 500 deductible |
Smart Super Term covers Loss of Life alone, on the same limits.
Your name and number is all we need to start. Everything else is decided on the call.