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Metlife unveils new versions of ULIPs

Our Bureau

Bangalore , July 18

Metlife India has launched two new versions of unit-linked insurance plans in compliance with the new guidelines of the Insurance Regulatory and Development Authority.

The insurance plans branded as Met Smart Plus and Met Smart Premier would have minimum sum assured of Rs 60,000 with no upper limits.

The new guidelines of the IRDA came into effect from the beginning of this month.

According a release from Metlife India here, both these plans would have a flexible premium paying option after the third year. The plans also provide policyholders the option of skipping or increasing the premium payments when the situation demands, the release added.

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