MetLife launches insurance policy with guaranteed maturity value

Published : 23 Sep 2023 08:33 PM

MetLife Bangladesh has launched a new 5-year tenure insurance policy titled “MetLife Fixed Deposit Protection Plan – Assurance" which provides customers a guaranteed maturity value and extensive insurance coverage through a one-time premium payment. 

MetLife Fixed Deposit Protection Plan – Assurance insurance is helpful for customers who want to enjoy the benefits of financial protection from their investments.

By paying a one-time premium for this policy, customers will remain financially protected for 5 years against death, accident, and disability & dismemberment; receive insurance coverage worth up to 3 times of the one-time premium payment for applicable unforeseen events or get a guaranteed maturity value at the end of policy tenure; and avail income tax rebate. 

The minimum one-time premium for this policy is 2 lakh taka. Any individual between the ages of 18 – 60 will be eligible to purchase the assurance policy.

The policy will be available for purchase for a limited period of time. 

Commenting on the launch of the policy, MetLife Bangladesh’s Chief Executive Officer, Ala Ahmad, said, “MetLife Fixed Deposit Protection Plan Assurance will help customers build a secure future through extensive financial protection and investment benefits.”