Secure your child's future
My Child's Education Protection Plan(MCEPP)
My Child's Education Protection Plan(MCEPP)
It is every parent’s wish that their children receive a higher education so that they can move forward in their professional careers and lead a stress-free life. What if you could ensure that the continuation of the dreams for your children does not get affected by anything and you don’t have to drain your finances or risk other life priorities?MetLife Bangladesh introduces the ideal life insurance “My Child’s Education Protection Plan” for you, where you can invest for your children’s future with the assurance of ensuring higher education while protecting them from the uncertainties of life.
At a glance
Maturity Benefit
At the end of the Premium Payment Term, 50% of the Face Amount will be paid less any indebtedness. At the end of the Coverage Period, remaining 50% of the Face Amount with bonus less any indebtedness as per the terms and conditions of the policy will be paid.
Death Coverage
In case of Policy Owner’s unfortunate death, the following benefits will be provided to the beneficiary;
1. 100% of the Face Amount as lumpsum less any indebtedness
2. Monthly Income Benefit equal to 2% of the Face Amount will be paid every month to the insured child prior to 1 month before the maturity of the Policy, and
3.All the future PREMIUMS under the policy will be WAIVED, the policy would continue till the maturity and beneficiary will receive Maturity Benefit.
Additional Benefits our customers can avail
1.Tax Rebate
2.Get access to 360Health
3.Discounts on various medical and diagnostic services
Valuable Optional Riders
You can also add the following optional Riders to your basic Policy by paying additional Premium-
1. Personal Accidental Coverage
2. Disability Protection Rider
3. MediCare
4. Hospital Care
5. Critical Care
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