Double Protection Plus Plan (DPP)
Endowment
About this plan
A MetLife limited-premium endowment plan offering double protection (2x Sum assured on death/PTD), Booster Fund and Loyalty Rewards with options.
What's included
Key highlights
- Double protection (2x on death/PTD)
- Single / 5-Pay / 10-Pay premium options
- Guaranteed Loyalty Rewards every 5 years
Features
- Death and Permanent Total Disability benefit: 2x Face Amount
- Limited premium payment options: Single Pay, 5-pay, 10-pay
- Booster Fund payable annually based on segregated fund investment yield (per 1000 sum Assured)
- Guaranteed Loyalty Rewards payable at each 5th policy year (per 1000 Sum assured)
- Accidental death/dismemberment benefit: 1x Sum Assured)
- Maturity benefit: Face Amount + accumulated Booster Fund + accumulated Loyalty Rewards
- Surrender, policy loan, paid-up and automatic premium loan options availiable
Eligibility & term
- Entry age
- 18 – 65 years
- Policy term
- Fixed: 10, 15, 20 years
Declared bonus
Term-wise Breakdown
FY 2080/81
| Tenure (Years) | Rate (per '000) |
|---|---|
| 1-15 | Rs. 45 |
| 16-20 | Rs. 55 |
| 21 and above | Rs. 65 |
Reversionary bonus rates declared for the latest fiscal year based on policy term. Rates are revised annually and are not guaranteed for future years.
Optional riders
Accidental death (ADB)PTD / PWBCritical illness (CI)
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