Group Accident Insurance Rider with Permanent Disability Benefit - PNB MetLife

MetLife Group Accidental Permanent & Total Disability Plus

There is an ever increasing need to achieve cost-effective protection, on a world-wide basis, against a range of different risks whether it is protecting employees of an organization or providing additional Benefits by protecting customers of any affinity group. Presenting MetLife Group Accidental Permanent & Total Disability Plus, a one-year renewable Rider, which helps you protect your group

MetLife Group Accidental Permanent & Total Disability Plus in a nutshell
1. Lump Sum Rider Sum Assured in case total permanent disability.
2. Additional Benefit to Benefits under Base Policy.
3. 100% of the Rider Sum Assured for disability within 90 days of the accident.

What you get

Flexible Premium Payment Modes
MetLife Group Accidental Permanent & Total Disability Plus is a flexible Rider that allows you to choose from Yearly, Half Yearly or Monthly premium payments to ensure a stable life for you and your family.

Guaranteed Premium Rates
With this plan, you don't have to worry about fluctuating rates as they are fixed for a period of one year.

Tax Benefits
As per the prevailing tax laws, MetLife Group Accidental Permanent & Total Disability Plus gives you the advantage of availing tax Benefits on both premiums paid and Benefits received.

Chance for Renewal
On consent of the Company, the Life Insured can renew this Rider every year along with the Base Plan on the Annual Renewal Date as mentioned in the schedule.

What you don't get

Toxic Gases
Inhaling any gas or fumes, accidentally or otherwise, except accidentally in the course of duty will not be covered under this rider.

Accident during Flying Activity
Benefits are not payable upon member participation in any flying activity, other than as a passenger in a commercially licensed aircraft..

Substance Abuse
Member under the influence of Alcohol or solvent abuse or use of drug except under the direction of a registered medical practitioner is not covered.

Self-inflicted Injury
Benefits will not be payable for any injury which is deemed intentional of self-inflicted under this Rider.

Suicide Exclusions
If the Life Assured's death is due to suicide within twelve months from the date of commencement of risk or from the Date of Revival of the Policy as applicable, the Nominee or beneficiary of the Policyholder shall be entitled to 80% of the total Premium paid till the date of death under the Policy death or Surrender Value available as on the date of death, whichever is higher, provided the Policy is in In force status. We shall not be liable to pay any interest on this amount.