Business Standard

MetLife launches Met Loan Assure

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BS Reporter New Delhi

It is a specially designed group insurance plan that provides life insurance cover specifically for a loan taken by an individual.

The sum assured is minimum of Rs 5,000 per life and maximum is equivalent to the loan amount outstanding at the commencement of risk cover. However, this cannot exceed  Rs 5 crore at any point.

 

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First Published: May 08 2008 | 5:12 PM IST

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