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Product Information
Child Plans MetLife College Plan
Synopsis:
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MetLife College Plan is a savings plan that offers regular cash payouts and bonuses during your child’s growing years and ensures that your child’s education expenses are covered. In the event of death, the assured sum and all bonuses will be paid and outstanding premiums for the policy will be waived.

Features:

  • MetLife College Plan ensures
  • Cover your child's education expenses
  • Provide financial security for your child with Triple Benefits*
  • Provide tax benefits on the premiums you pay and the benefits received*
Eligibility:
Person Insured Father/ mother/ legal guardian of the child
Ages at entry* 20 – 45 years
Max. age at maturity* 69 years
Minimum Premium Annual Mode : Rs.18,000, Non Annual Mode: Rs.30,000
Maximum Premium Rs. 42,44,482
Premium Payment Term Regular
Minimum Policy Term# 12 – 24 years
Minimum Sum Assured Rs. 2,12,040
Maximum Sum Assured Rs. 5 Crores