MetLife Group Affinity (Individual) life insurance.
What's included
Key highlights
- Group-based plan
- Individual coverage options
- Minimum group size 10
Features
- Group (employer/affinity) life insurance solution
- Individual coverage options for group members
- Flexible sum assured / coverage levels (subject to availability)
- Company support for enrolment and claims
Terms and conditions
- Three coverage-
- 1)Loss of life
- 2)Accidental death
- 3)Critical illness
What happens in each case
Each plan pays out differently depending on what happens during the term. These are the situations that matter for this kind of plan.
If the insured passes away during the term
The nominee receives the sum assured, and the policy ends.
Typical for endowment plans — confirm the exact terms in the brochure.
If the policy runs to maturity
You receive the sum assured as a lump sum on the maturity date.
Typical for endowment plans — confirm the exact terms in the brochure.
If death is caused by an accident
With the accidental death rider, an additional amount is paid on top of the sum assured. The rider is optional and carries its own premium.
Typical for endowment plans — confirm the exact terms in the brochure.
Optional riders
Group Personal Accident (GPA)
Provides group personal accident protection as part of the customizable affinity group coverage.
Group Critical Illness
Provides group critical illness protection as part of the customizable affinity group coverage.
Questions about this plan
What kind of plan is MetLife Group Affinity ?
MetLife Group Affinity from MetLife Nepal is an endowment plan that pairs savings with life cover for a single adult, and suits people who want a guaranteed amount on a fixed future date.
Who can buy MetLife Group Affinity ?
The entry age for MetLife Group Affinity is 16 – 64 years.
How long does MetLife Group Affinity run?
The policy term for MetLife Group Affinity is 1 year (renewable).
Which riders can be added to MetLife Group Affinity ?
MetLife Group Affinity can be taken with the following optional riders: Accidental death (ADB), Critical illness (CI). Each rider carries its own premium.
Premium
Quote on request