Met Life Critical Illness Rider Plan
- Reduce taxable income by up to Rs. 1,50,000 deduction under section 80C**
- Convenient payment options - annual, half-yearly, quarterly or monthly premium payments
- Do more with plans that offer pure protection, retirement planning and investment options
PNB MetLife offers insurance plans that come with immense flexibility and customisation. The MetMore Riders allow you to enjoy additional benefits of your choice. These are attached to the primary policy when you buy it. These cannot be purchase separately. Every rider has specific premium rates and separate conditions for the policy. The characteristics, nature and premium of the rider depends on the basic policy to which the rider is attached.
Eligibility:
| Minimum age at entry | 18 years |
| Maximum age at entry | 55 years |
| Maximum age at maturity | 60 years |
Sum Assured:
| Maximum Sum Assured | Rs.10,00,000 or base Sum Assured |
| Minimum Sum Assured | Rs.50,000 |
Rider Coverage:
The critical illness rider offers coverage for the following:
- Heart attack
- Insured Critical Illness
- Stroke
- Surgery to coronary arteries
- Cancer
- Kidney failure
- Aorta surgery
- Heart valve replacement
- Major organ transplant
- Blindness
- Paraplegia
Other Key Features:
| Waiting Period | No amount is payable under the benefit with respect to a critical illness diagnosed with 90 days from issue date or reinstatement date of the policy. |
| Survival Period | Benefit amount under the rider is only payable if the policyholder survives for 30 days from the diagnosis date. |
Termination of Rider:
Under certain conditions, the rider will get terminated. These conditions are mentioned below:
- If a critical illness is diagnosed within 90 days from the reinstatement date or issue date of the policy, then the rider stands terminated.
- Surrender or lapse of the base policy will terminate the rider.
- After the first event when the benefit is paid, the rider gets terminated.
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