MetLife Nepal Double Protection Plus: Dual Insurance, Flexible Premiums & Strong Launch
21st April 2025, Kathmandu
MetLife Nepal has launched its new ‘Double Protection Plus’ insurance plan, setting a new standard in Nepal’s insurance market.
MetLife Nepal Double Protection Plus
The plan was introduced at a special event in Kathmandu on Friday. In an impressive response, more than 100 policies were booked within just one hour of the launch.
This new insurance plan provides dual protection, flexible payment options, and attractive long-term savings. It is designed for individuals between 18 and 65 years old, with coverage extending until 75 years. This makes it a suitable option for a wide range of people seeking both security and financial growth.
Flexible Premium Payment Options
One of the key features of the Double Protection Plus plan is its flexible premium payment structure. Customers can choose to make a single premium payment or opt for a limited payment period of 5 or 10 years.
In both cases, they will receive continuous insurance coverage for the entire term of the policy. This flexibility allows customers to select a payment plan that best fits their financial situation.
Dual Insurance Protection
The plan offers a unique Double Sum Assured benefit. If the insured person passes away, becomes totally and permanently disabled, or faces critical illness due to an accident or disease during the policy term, the beneficiary will receive double the sum assured as a lump sum payment. This ensures that the policyholder and their family have enhanced financial security during difficult times.
Additional Benefits
The Double Protection Plus plan also includes two special benefits:
Booster Fund Benefit – Policyholders will receive annual payouts starting from the first anniversary of the policy, based on the returns from MetLife’s segregated fund investments.
Loyalty Reward Benefit – Every five years, policyholders will receive a guaranteed bonus, further boosting the long-term savings aspect of the plan.
These features make the Double Protection Plus plan an appealing choice for those looking for not just insurance, but also a smart way to save for the future.
Strong Market Reception
The plan’s early success highlights its appeal to Nepali consumers. Within just an hour of the launch, over 100 policies were booked, proving the market’s trust in MetLife’s offerings. The company’s reputation for quality service and innovative products continues to resonate with customers, ensuring that they are making a sound investment in their future.
MetLife’s Vision
In his address at the launch event, Mr. Nirmal Kaji Shrestha, General Manager of MetLife Nepal, emphasized the company’s commitment to its customers. He stated,
“We are not just introducing a new product with Double Protection Plus. We are providing peace of mind and financial security to Nepali families. This plan is a step towards building trust and securing the future.”
Conclusion
With its blend of dual insurance protection, flexibility, and long-term savings options, the Double Protection Plus plan is set to become one of the most reliable insurance products in Nepal.
MetLife Nepal continues to demonstrate its leadership in the market by offering solutions that meet the evolving needs of consumers. This new plan promises to offer not just security, but also an opportunity to grow financially.
For more: MetLife Nepal Double Protection Plus
