Double Protection Plus Plan (DPP)

by मेटलाइफ नेपाल

EndowmentParticipating
3.5% market share100.0% claims settledEst. 2001

In simple terms: you pay a fixed amount each year, and at the end of the term you get your cover amount back together with the bonus the insurer adds along the way. A MetLife limited-premium endowment plan offering double protection (2x Sum assured on death/PTD), Booster Fund and Loyalty Rewards with options.

परिपक्वता अनुमान

Rs
Rs 1.00 lakhRs 2.00 crore
वर्ष

अनुमानित परिपक्वता रकम

Declared bonus

Rate by policy term

Declared FY 2081/82

Policy termRate / 1,000Prev. year
1-15Rs 50Rs 55
16-20Rs 60Rs 65
21+Rs 70Rs 75

Recent years

FY 2081/82
Rs 50–70/ 1,000
FY 2080/81
Rs 55–75/ 1,000
FY 2079/80
Rs 60–80/ 1,000
FY 2078/79
Rs 45–65/ 1,000
FY 2077/78
Rs 60–80/ 1,000

Source: मेटलाइफ नेपाल declaration for FY 2081/82

Bonus rates are declared annually and are not guaranteed. Past rates do not guarantee future rates.

What's included

Key highlights

  • डबल सुरक्षा-मृत्यु र स्थायी पूर्ण अपाङ्गता (2x बीमाङ्क )
  • Single / 5-Pay / 10-Pay विकल्प
  • प्रत्येक ५ वर्षमा सुनिश्चित लॉयल्टी रिवार्ड

Features

  • मृत्यु र स्थायी पूर्ण अपाङ्गताका लागि दुई गुणा (2x बीमाङ्क )को भुक्तानी
  • सिमित प्रिमियम विकल्पहरू
  • वार्षिक बुस्टर फण्ड (विभिन्न निवेश उपज अनुसार प्रति रु.1000 दर)
  • लॉयल्टी रिवार्ड्स हर ५ वर्षमा सुनिश्चित भुक्तानी (प्रति रु.1000)
  • दुर्घटना मृत्यु/अङ्गक्षयमा 1x बीमाङ्क भुक्तानी
  • म्याच्युरिटीमा बीमाङ्क + संचित बुस्टर फण्ड + संचित लॉयल्टी रिवार्ड्स भुक्तानी
  • लोन, पेड-अप र स्वत: प्रिमियम लोन सुविधाहरु
Terms and conditions
  1. Loyalty rewards benefits-
  2. Policy term (5 yrs)- Rs 10 per 1000 SA
  3. Policy term (10 yrs)- Rs 20 per 1000 SA
  4. Policy term (15 yrs)- Rs 30 per 1000 SA
  5. Policy term (20 yrs)- Rs 40 per 1000 SA

मेटलाइफ नेपाल’s page for this plan

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.

  1. If the insured passes away during the term

    The nominee receives the sum assured plus the bonus built up to that date, and the policy ends.

    Typical for endowment plans — confirm the exact terms in the brochure.

  2. If the policy runs to maturity

    You receive the sum assured plus the bonus built up to that date as a lump sum on the maturity date.

    Typical for endowment plans — confirm the exact terms in the brochure.

Optional riders

Accidental death (ADB)PTD / PWBCritical illness (CI)

No optional riders are attached to this plan.

Loan & liquidity

Policy loan
Available

Premium

Quote on request

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