6- MetLife India Insurance Company Ltd - Critical Illness Insurance
Met Health Care
Plan Overview
Health problems strike unexpectedly. In addition to causing ill health, it can also scar your financial health. You need to protect yourself against such a situation through a health insurance plan. In order to ensure you are well protected to face any health condition that could befall you, MetLife presents - Met Health Care, a simple health insurance policy with unique and smart advantages for you and your family.
Family means spouse and two children. Every additional family member shall be underwritten as per the underwriting conditions laid by the Company from time to time.
What is Met Health Care?
Met Health Care is a long term health insurance plan from MetLife. This plan covers you
    1. Against Hospitalisation expenses by providing you a Daily Cash benefit as chosen by you.
2. Against 10 major Critical Illnesses by providing you a lumpsum benefit.
3. Against Total & Permanent Disability due to accident by providing you a lumpsum benefit.
Further, all the above benefits can be availed without the hassle of undergoing any medical examination. Just fill up the simple application form and start enjoying the unmatched benefits of Met Health Care.
Plan at a Glance
Minimum/Maximum age of entry 18 years-55 years (At first entry, for the Principal insured)
3 months-55 years (For Secondary Insured lives)
Cover ceasing age 65 years
Maturity/Death Benefit No Maturity/Death Benefit payable
Benefits Offered (a) Daily Hospitalisation Cash Benefit
(b) Daily ICU Cash Benefit
(c) Recuperation Benefit
(d) Critical Illness Benefit
(e) Accidental Total & Permanent Disability Benefit
Premium paying frequency Yearly. Half-Yearly mode is avaiable only if each of the persons insured choose a daily cash benefit of Rs. 3000 or more.
Modal factor Half-yearly -0.5131. Multiply the tabular premium by the modal factor to arrive at the premium payable.
Product Benefits
Benefit Option 1 Option 2 Option 3 Option 4 Option 5
Daily Hospitalisation Cash Benefit Rs. 1000 per day Rs. 2000 per day Rs. 3000 per day Rs. 4000 per day Rs. 5000 per day
Daily ICU Cash Benefit Rs. 2000 per day Rs. 4000 per day Rs. 6000 per day Rs. 6000 per day Rs. 6000 per day
Recuperation Benefit Rs. 3000 Rs. 6000 Rs. 9000 Rs. 10000 Rs. 10000
Critical Illness Benefit Rs. 1 Lakh Rs. 2 Lakh Rs. 3 Lakh Rs. 3 Lakh Rs. 3 Lakh
Accidental Total & Permanent Disability Benefit Rs. 1 Lakh Rs. 2 Lakh Rs. 3 Lakh Rs. 3 Lakh Rs. 3 Lakh
Death/Maturity Benefit
There is no Death/Maturity Benefit under Met Health Care.
Tax Benefits
The premium paid (excluding the service tax) under this plan is eligible for Tax Benefits under Section 80 D of the Income Tax Act, 1961 as per the provisions and conditions given therein and are subject to any changes made in the tax laws in future.
Reasons to Buy
    1. Coverage for the entire family.
2. No Claim Discounts.
3. Guaranteed Cover* till age 65.
4. Payouts in addition to other Insurance Plans.
5. Multiple Claims.