Group Life, Group Personal Accident & Critical Illness

3.5% market share100.0% claims settledEst. 2001

This is pure cover: it pays your family if something happens during the term, and there is no amount paid back at the end. MetLife Group Life, Group Personal Accident (GPA) and Critical Illness — a yearly-renewable term protection policy providing death, disability and critical illness lump-sum benefits for employees. Cover is customizable with multiple riders and plan options.

What's included

Key highlights

  • वार्षिक नवीकरणयोग्य म्यादी जीवन बीमा योजना
  • विश्वव्यापी २४/७ सुरक्षा
  • गम्भीर रोगका लागि ३ योजना विकल्प

Features

  • २४/७ विश्वव्यापी सुरक्षा (विश्वव्यापी सुरक्षा)
  • मृत्युका लागि एकै पटकको लाभ (एकमुष्ट)
  • दुर्घटना वा रोगबाट हुने स्थायी पूर्ण अक्षमतामा मासिक किस्तामा लाभ (प्रायः 60 वर्ष मुनि)
  • स्थायी आंशिक अक्षमताका लागि निर्धारक तालिका अनुसार नगद भुक्तानी
  • दुर्घटनाबाट हुने मेडिकल खर्चको प्रतिपूर्ति
  • दैनिक अस्पताल भर्नाको लागि साप्ताहिक आय लाभ (अधिकतम 52 हप्ता)
  • गम्भीर रोगका लागि 3 विकल्पिय योजना
Terms and conditions
  1. Critical Illness provides a lump sum payment to an insured employee when the insured employee is diagnosed to be suffering from a critical illness as listed and defined in the Policy. Employees and their dependents can be covered under one of the following 3 plans.
  2. Plan 1: Major Cancer Only; or
  3. Plan 2: Major Cancers, Stroke, First Heart Attack, Serious Coronary Artery Disease, Heart Valve Surgery, Primary Pulmonary Hypertension;
  4. Plan 3: Major Cancers, Stroke, First Heart Attack, Serious Coronary Artery Disease, Heart Valve Surgery, Primary Pulmonary Hypertension, End Stage Lung Disease, End Stage Liver Failure, Fulminant Hepatitis, Kidney Failure, Coma, Aplastic Anaemia, Major Organ/Bone Marrow Transplantation.

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 full sum assured. There is no savings element, so nothing else accrues.

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

  2. If the policy runs to maturity

    There is no maturity payout. The premium buys cover for the term, not savings.

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

Optional riders

Accidental death (ADB)PTD / PWBCritical illness (CI)
  • स्थायी पूर्ण अशक्तता राइडर

    बीमित कर्मचारी दुर्घटना वा रोगका कारण स्थायी पूर्ण अशक्त भएमा लाभ भुक्तानी हुन्छ।

  • समूह घातक रोग राइडर

    राइडरका शर्तअनुसार समेटिएको घातक रोगको निदान भएमा एकमुष्ट रकम भुक्तानी हुन्छ।

  • Permanent Total Disability Rider

    Pays benefit when an insured employee becomes totally and permanently disabled due to accident or sickness.

  • Group Critical Illness Rider

    Pays a lump sum when an insured employee is diagnosed with a covered critical illness subject to the rider terms.

Premium

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