MetLife Term Insurance in UAE

About MetLife Term Insurance

A MetLife Term Insurance Plan is a basic financial cover that protects the policyholder’s family in case of the former’s sudden demise during the policy tenure. It helps them cover their financial commitments and maintain a normal lifestyle. 

MetLife currently offers the MetLife Live Life plan that simplifies the policyholder and beneficiary’s lives.

Whether you are looking to protect your family's future or secure your financial commitments, MetLife term insurance in the UAE offers a dependable solution.

What are the Perks of Buying a MetLife Term Insurance Policy?

A MetLife term insurance plan usually offers a life cover of up to USD 50 million, enabling your family to maintain a decent lifestyle even in your absence. Here are the key benefits of buying a term life insurance plan from MetLife -

• Customisable plans 
• Premium payment options - Annual, monthly, quarterly, or half-yearly
• Accelerated claim payout process
• Easily manage and access your plan online 

Features and Benefits of MetLife Term Life Insurance 

The MetLife term insurance in UAE offers customisable benefits and features, including–

• Plan Options – There are 2 plan options: 

i) Level Benefit: A fixed coverage amount throughout the policy term. 

ii) Decreasing Benefit: The selected coverage amount reduces yearly as per the selected amortisation table. 

• Premium Payment Options – There are 3 premium payment modes: 

i)  Regular pay (premium is paid yearly)

ii) Limited pay (premiums are paid for 50% of the policy tenure)

iii) single pay (single premium is paid)

• Higher sum assured at an affordable rate
• Global coverage
• Flexibility to choose your currency – AED, GBP, USD or EUR
• 30-days free-look period 
• Integrated Benefits include -

1. Second Medical Opinion - The option is available if diagnosed with a critical illness. You can seek a second medical opinion from famous medical experts.
2. MetLife Discount Card - This card offers up to 30% discount at selected medical providers in the UAE for all medical treatments including dental and optical care. 
3. Accelerated Terminal Illness - Receive the life cover amount while still alive if diagnosed with a terminal illness, for treatment expenses.

How Does MetLife Term Insurance Work in the UAE?

Here’s how MetLife term life insurance works in UAE -

• Choose between two plan options: Level Benefit or Decreasing Benefit.
• Estimate needs: Assess how much your family may need if you're no longer around or are diagnosed with a terminal illness.
• Select your preferred currency: USD, GBP, EUR, or AED.
• Add Protection: Add extra protection to your plan, such as Accelerated Critical Illness, Health Cover Abroad, Permanent and Total Disability, and Accidental Death Benefits.
• Choose Premium and Term: Choose the premium payment option and policy term that best suits your needs and circumstances.

What are the Add-ons for MetLife Term Insurance in Dubai?

The following are the add-ons for MetLife term insurance in UAE -

• Permanent and Total Disability -  Covers disability caused due to sickness or accident.
• Health Cover Abroad - Covers the medical treatment abroad at specialised hospitals.
• Accelerated Critical Illness - Covers up to 32 critical illnesses, including cancer and heart attack.
• Accidental Loss of Life - The sum assured is doubled if the demise occurs due to an accident in a common carrier.
• Waiver of Premium - In case the policyholder accidentally passes away or becomes disabled, the provider waives the remaining premium until the end of the policy tenure. 

Eligibility Criteria to Apply for MetLife Term Life Insurance

The following are the eligibility criteria to apply for MetLife term life insurance in Dubai -

• Age at Policy entry - 20 to 75 years
• Age at Policy Maturity - 85 years

Frequently Asked Questions