Key Benefits of MetLife Smart Child

The Policy shall continue to be in-force with deduction of all Policy Charges other than Mortality Charges till the date of maturity. To protect your savings from getting affected by market volatility in your absence, the Fund Values lying in Flexi Cap, Virtue II & Multiplier II Funds (refer to brochure for more details), at the time of insured’s death will be transferred to Balancer II. Balancer II  is a moderate risk fund and will protect your loved ones’ financial interests along with a potential of steady increase in the savings. The entire future payments equivalent to annualized regular premiums will be credited to Balancer II Fund on a monthly basis following the date of notification. First such payment will happen on the monthly anniversary (i.e the same day of each month as the date of commencement of the Policy) followed by the date of notification of death and on a monthly basis thereafter.  

No servicing requests like premium redirection, partial withdrawals, fund switches etc. will be allowed in the event of the death of the insured.