In these days of increasing stress, good health is a major concern for all of us. With a fast-paced life, the chances of contracting serious illnesses like a heart attack or cancer have increased. Thankfully, with medical advancement, the chances of surviving them are also high – but so are the costs of such treatments. These major illnesses affect the family emotionally as well as financially. While we may not be able to predict or prevent these diseases from occurring, we can certainly protect against it. Life insurance companies in India provide many critical health insurance plans. PNB MetLife Critical illness rider is a health insurance rider.
|Boundary Conditions||Eligibility Criteria|
|Age at Entry(1)||18 years - 65 years|
|Cover Ceasing Age||75 years|
|Policy Term(2)||10 years - 40 years|
|Premium Payment Modes||Single, Yearly, Half-Yearly, Quarterly , Monthly(*) (only on ECS)& Payroll Saving Plan (PSP)|
|Premium Payment Options||Single||5 Pay||7 Pay||10 Pay||12 Pay||15 Pay||Regular Pay|
|Minimum Rider Sum Assured(3) (Rs.)||500000||500000||500000||500000||500000||500000||500000|
|Maximum Rider Sum Assured(3) (Rs.)||50,00,000||50,00,000||50,00,000||50,00,000||50,00,000||50,00,000||50,00,000|
|Min. Annualized Rider Premium(4) (Rs.)||670||135||135||100||100||100||75|
|Max. Annualized Rider Premium(4) (Rs.)||7,66,650||1,44,200||1,10,000||87,100||81,400||72,900||80,450|
1 Age Last Birthday
2 The Rider Policy Term can be equal to or Less than the Base Policy Term
3 Subject to the condition that the Rider Sum Assure is less than the Base Policy S um Assured
4 Exclusive of Taxes
*Age Last Birthday, ECS mandatory for monthly mode, Min/Max premiums does not include the taxes or extra premiums.