MetLife Life Insurance UAE & Dubai

Buy a term life plan and secure your family

offer
Upto 35% + 20% OFF
Instant Issuance
Instant Issuance
worldwide
Worldwide coverage
We Are Rated

4.6/5

20020

google-logoReviews
50+

Insurance Partners

1 Million+

Trusted Customers

250 K+

Policies Sold

AED 1 million life cover starting @50/month
next-icon
AED 1 million life cover starting @50/month
nameIcon
emailIcon
mobile-icon
age-icon
By Clicking, I declare that I am a resident of UAE and holding a valid Visa and agree to the website Privacy Policy and Terms of Use.
certified-icon Qualified Policybazaar expert will assist you

As one of the prominent insurance companies across the UAE, MetLife is a top choice for those seeking financial security for themselves and their loved ones. 

Within the insurance segment, life insurance is a necessity and a wise choice. It offers protection in case the breadwinner of a family is no longer capable of providing financial support to its family due to several circumstances.

Let’s find out more about MetLife life insurance plans.

Types of MetLife Life Insurance

Two types of MetLife life insurance plans are available. In the following sections, we have covered both plans along with their features, plan coverage, exclusions, and other crucial details —

MetLife Future Protect Plan

As a MetLife whole life insurance plan, it also serves as an investment plan to satisfy the financial requirements of policyholders. This hybrid plan is pretty flexible in terms of coverage customisation.

The MetLife Future Protect plan is also ideal for protecting businesses and their key employees.

Key Features and Benefits

Flexible Premium Payment Options

MetLife Future Protect offers customers a variety of payment options to suit their preferences. For regular premiums, individuals can choose from annual, semi-annual, or quarterly payments. For those opting for a monthly single premium, the payment schedule permits annual and monthly payments.

Global Coverage

This plan ensures worldwide coverage, ensuring that the policy remains valid even if the policyholder relocates from the UAE.

Currency Options

The MetLife Future Protect plan is accessible in USD currency.

Loss of Life Benefit Choices

Under the Loss of Life benefit, a policyholder has the choice between single life and joint life coverage.

Built-in Benefits

This category includes a comprehensive range of coverage options such as second medical opinion, terminal illness benefit, and the MetLife discount card. It's important to note that the MetLife discount card is exclusively available to residents.

Optional Coverage

MetLife Future Protect policyholders have the option to enhance their basic plan with add-ons. With add-ons, you can get coverage for accidental loss of life, critical illness, permanent and total disability, and waiver of premium on loss of life or disability.

Permanent Disability Coverage

The policy offers guaranteed cash payments in cases of permanent and total disability due to sickness or accidents. Additionally, a guaranteed cash payment is provided for permanent partial disability caused by an accident.

Diverse Investment Options

Individuals can select from three investment strategies: aggressive, conservative, and balanced.

Insurance Coverage Availability

Both single and joint life insurance coverage options are available.

Partial Withdrawal Benefits

Policyholders can make up to 2 partial withdrawals per year, subject to maximum withdrawal limits.

Flexible Payment Terms

For regular premium customers, the minimum payment tenure is 5 years — the maximum payment tenure limit extends up to the age of 95 years. For single premium individuals, the maximum payment tenure is 1 year.

No Maximum Annual Premium Limit

There is no capped limit for the maximum annual premium amount.

30-Day Free Look Period

Customers are provided with a 30-day free look period from the policy issuance date, allowing them to cancel their policies within this timeframe if needed.

Grace Period

A grace period of 60 days is provided in case a policyholder misses making a payment in any given month.

Inclusions

This MetLife whole life insurance plan offers the following key coverages —

  • Loss of Life Benefit: It includes two distinct options:
    • Single Life: This MetLife life insurance type offers coverage for a single individual.
    • Joint Life: Further categorised into two types:
      • First Loss of Life: If one of the covered individuals passes away, the dependent specified in the policy receives the higher value between the life insurance benefit or the account value. After that, the policy concludes.
      • Both Loss of Life: If one of the covered individuals passes away, MetLife pays out the insured’s life insurance benefit share to the beneficiary, while the policy remains active for the surviving insured.

Terminal Illness Benefit

In case the insured is diagnosed with a terminal illness, the basic death benefit is accelerated.

Exclusions

While the MetLife whole life insurance plan has no inherent disadvantages, it's important to consider situations where coverage is not provided —

  • Suicide: The plan does not cover cases of suicide within 2 years from the policy issuance date.
  • Acts of War: Total and permanent disability or loss of life resulting from acts of war are not covered unless the policyholder has specifically opted for war risk coverage.
  • Country-Specific Exclusions: Residents of certain sanctioned countries, such as the Crimea region, Iran, Cuba, North Korea, and Syria, are excluded from the MetLife Future Protect coverage.

Optional Benefits

Accidental Loss of Life

If accidental loss of life occurs, the insurer pays up to 3 times the basic plan coverage, capped at USD 5 million. In situations like accidental loss of life in common carriers, the benefit doubles (maximum limit of USD 10 million).

Critical Illness Cover

For standalone critical illness, MetLife provides a lump sum payout of up to USD 500,000. If there's accelerated critical illness, the coverage extends up to USD 1 million. This benefit encompasses three coverage options —

  • Cancer only
  • 3 critical illnesses – cancer, stroke, and the first heart attack
  • Thirty-two critical illnesses

Outlined below is the list of the 32 critical illnesses covered under this policy —

Stroke

Heart Valve Surgery

End-Stage Lung Disease

Muscular Dystrophy

Motor Neuron Disease

Bacterial Meningitis

Multiple Sclerosis

Systemic Lupus Erythematosus with Lupus Nephritis

Cancer

Fulminant Hepatitis

Kidney Failure

Total Paralysis (Loss of use of limbs)

Parkinson’s Disease

Blindness (Total loss of sight)

Major Organ/ Bone Marrow Transplantation

Encephalitis

First Heart Attack

End Stage Liver Failure

Aplastic Anemia

Apallic Syndrome

Brain Tumor

Coma

Total Loss of Hearing (Deafness)

Progressive Scleroderma

Major Burns

Primary Pulmonary Hypertension

Total Loss of Speech

Poliomyelitis

Head Trauma

Coronary Artery By-pass Surgery

Alzheimer’s Disease/ Severe Dementia

Surgery to Aorta

Permanent and Total Disability

In case of permanent and complete disability resulting from illness or accident, MetLife offers a guaranteed cash payout of up to USD 2 million. 

Note that the actual percentage of the cash payout depends on the duration of the permanent and total disability condition.

Permanent and Total Disability Period (Consecutive)

Percentage of Permanent and Total Disability Benefit

6 Months

20%

12 Months

30%

24 Months

50%

Permanent Partial Disability

In the event of permanent partial disability resulting from an accident, MetLife disburses a guaranteed cash sum of USD 1 million. The benefit percentage is determined based on the specific loss incurred.

Moreover, if the insured individual is hospitalised due to an accident or illness, a weekly income of up to USD 2,000 is provided for the duration of their treatment. 

Premiums

Listed below is the minimum annual premium for the MetLife Future Protect plan —

Single Premium

USD 15,000

Regular Premium

USD 1,800

Eligibility Criteria

MetLife has certain requirements to be eligible for the plan and its coverages — 

Issue Age

1 Month to 65 Years

Maturity Age

95 Years

Accidental Loss of Life (Optional Benefit)

Entry Age

18 to 60 Years

Expiry Age

75 Years

Critical Illness

Standalone Critical Illness

Entry Age: 18 - 60 Years

Expiry Age: 75 Years

Accelerated Critical Illness

Entry Age: 18 to 60 Years

Expiry Age: 95 Years 

Waiver of Premium on Loss of Life or Disability

Entry Age

20 - 55 Years

Expiry Age

65 Years 

Permanent and Total Disability

Entry Age

18 - 55 Years

Expiry Age

65 Years 

Permanent Partial Disability

Entry Age

18 - 55 Years

Expiry Age

70 Years 

Hospitalisation

Entry Age

18 - 55 Years

Expiry Age

70 Years 

MetLife Critical Illness Care Plus Plan

Critical Illness Care Plus fundamentally offers comprehensive financial support to cover the loss of income or costs of treatment to help the insured and their family in case the former is diagnosed with any of the covered illnesses included in the policy.

Key Features and Benefits

Global Coverage

The plan extends coverage worldwide, making it an advantageous choice for those who frequently travel or plan to relocate abroad​.

Simplified Premium Payment

The flexibility to pay premiums annually, semi-annually, quarterly, or monthly simplifies financial management for policyholders.

Covers Critical Illness Cover

Under this MetLife plan, critical illnesses such as cancer and heart disease are covered, which ensures financial protection against the increasing health risks prevalent in the region​.

Financial Implications of Illness

Critical illnesses often bring substantial costs that regular insurance plans don’t cover comprehensively. These expenses may include unpaid sick leave, co-payments, deductibles, out-of-network care, overseas treatment, and surpassing annual medical insurance limits. 

With this MetLife plan, however, you can alleviate these financial burdens​.

Benefits for Various Illnesses

The plan features varied benefit levels for different critical illnesses. For instance, MetLife critical illness cancer cover offers a 100% payout, while payments for other conditions differ​.

Family Protection

The plan extends assistance to spouses and children. If they encounter any of the listed critical illnesses, each child receives USD 20,000 or AED 70,000, applicable for up to 5 children. This ensures comprehensive family protection under a single plan​.

Adjustable Coverage Options

The plan allows for flexible adjustments in coverage, enabling policyholders to align their policy with evolving life circumstances​.

Inclusions

Covered Critical Illnesses (Insured and Spouse)

Category

Tier

Critical Illness Conditions

Amount Payable

Cancer

 

 

 

 

 

 

 

Tier 1 Benefits

Cancer - advanced

 

100%

Tier 2 Benefits

Cancer - excluding specified early-stage cancers

50%

Tier 3 Benefits

Cancer - early-stage cancers

25% (capped at AED 100,000 or relevant currency equivalent)

Heart

Tier 1 Benefits

Heart Condition - significantly impaired heart function

Heart Attack - significantly impaired heart function

100%

Tier 2 Benefits

Angioplasty - triple vessel 

Cardiomyopathy 

Coronary Artery Bypass Surgery 

Heart Attack - with specified clinical evidence Heart 

Surgery - open heart surgery 

 

Pulmonary Arterial Hypertension

50%

Tier 3 Benefits

Angioplasty - single or double vessel 

Heart Valve Surgery - keyhole procedure

25% (capped at AED 50,000 or relevant currency equivalent)

Neurological

Tier 1 Benefits

Neurological Condition - permanent neurological deficit

100%

Tier 2 Benefits

Dementia including Alzheimer's Disease 

Motor Neurone Disease 

Multiple Sclerosis 

Muscular Dystrophy 

Parkinson's Disease 

Stroke - with persisting clinical symptoms

50%

Tier 3 Benefits

Bacterial Meningitis or Viral Encephalitis 

Benign Brain Tumour 

Hydrocephalus - requiring surgery

25% (capped at AED 250,000 or relevant currency equivalent)

Vital Organ and Digestive System Disorder

Tier 1 Benefits

Vital Organ or Digestive System Disorder - end stage

100%

Tier 2 Benefits

Lung Removal - excluding donors

50%

Tier 3 Benefits

Aplastic Anaemia 

Crohn's Disease - severe 

Diabetes - insulin dependent 

Ulcerative Colitis - severe

25% (capped at AED 250,000 or relevant currency equivalent)

Disability Conditions and Accidental

Tier 1 Benefits

Blindness 

Loss of Independence 

Loss of Use of Limb - two or more limbs

100%

Tier 2 Benefits

Burns - full thickness 

Deafness

50%

Tier 3 Benefits

Blindness - partial loss 

HIV Infection - acquired medically, at work, or from an assault 

Loss of Use of Limb - single limb

25% (capped at AED 250,000 or relevant currency equivalent)

Illness Coverage for Children

Children covered under this plan are safeguarded against various critical illnesses such as advanced and early-stage cancers, significant heart conditions, neurological disorders, vital organ and digestive system ailments as well as disability conditions. 

The list and tiers of critical illnesses covered for children by MetLife are the same as those offered for the insured individual and their spouse.

Category

Tier

Critical Illness Conditions

Amount Payable

Cancer

Tier 1 Benefits

Cancer – advanced

100%

Tier 2 Benefits

Cancer – excluding specified early-stage cancers

100%

Heart

Tier 1 Benefits

Heart Condition - significantly impaired heart function 

Heart Attack - significantly impaired heart function

100%

Tier 2 Benefits

Angioplasty - triple vessel 

Cardiomyopathy 

Coronary Artery Bypass Surgery 

Heart Attack - with specified clinical evidence 

Heart Surgery - open heart surgery 

Pulmonary Arterial Hypertension

100%

Neurological

Tier 1 Benefits

Neurological Condition - permanent neurological deficit

100%

Tier 2 Benefits

Dementia including Alzheimer's Disease 

Motor Neurone Disease 

Multiple Sclerosis 

Muscular Dystrophy 

Parkinson's Disease 

Stroke - with persisting clinical symptoms

100%

Vital Organ and Digestive System Disorders

Tier 1 Benefits

Vital Organ or Digestive System Disorder - end stage

100%

Tier 2 Benefits

Lung Removal - excluding donors

100%

Disability Conditions and Accidental

Tier 1 Benefits

Blindness 

Loss of Independence 

Loss of Use of Limb - two or more limbs

100%

Tier 2 Benefits

Burns - full thickness Deafness

100%

Child Specific Conditions

Tier 1 Benefits

Cerebral Palsy 

Cystic Fibrosis 

Muscular Dystrophy

100%

Tier 2 Benefits

Intensive Care 

Craniosynostosis – treated by surgery 

Hydrocephalus – treated with invasive surgery to the brain tissue

100%

 

Exclusions

When considering the MetLife Critical Illness Care Plus Plan, it's vital to understand the exclusions, i.e. conditions or circumstances where the policy does not extend coverage. 

Outlined below are the primary exclusions:

  • Suicide: Cases related to suicide are not covered by the plan.
  • War and Terrorist Acts: Any illness or condition arising from war or terrorist activities is excluded from coverage.
  • Pre-existing Conditions: Illnesses or conditions pre-existing before the policy commencement date are not covered.
  • Hazardous Sports and Activities: Injuries or illnesses resulting from participation in hazardous sports or risky activities are not covered.
  • Residence in Sanctioned Countries: Coverage is not provided if the insured resides in a country under international sanctions. As of September 2022, these countries include the Crimea region, Iran, Cuba, North Korea, and Syria, although this list is subject to change.
  • Non-Disclosure: Critical illness claims stemming from undisclosed conditions or facts at the time of policy application may be excluded.
  • Specific Limitations: Certain specific limitations or conditions specified in the policy document may apply.

Eligibility Criteria

Factors

Criteria

Policy Terms (In Years)

5, 10, 15, 20, 25, 30, or 35

Eligible Ages for Insured/ Spouse

Varies with Policy Term:

 

5 years: 21 - 70 years

10 years: 21 - 65 years

15 years: 21 - 60 years

20 years: 21 - 55 years

25 years: 21 - 50 years

30 years: 21 - 45 years

35 years: 21 - 40 years

Up to age 75 years: 21 - 39 years

Children Age Range

0 - 20 years

Fees and Charges of MetLife Life Insurance

Those who opt for the Metlife Critical Illness Care Plus plan are liable to pay a fee of USD 55 or AED 205.

Given below are the charges related to the Metlife Future Protect plan —

Monthly Management and Expense Charge

Account Value Range

M&E Charge

USD 0 to USD 24,999

1.25%

USD 25,000 +

0.75%

Regular Premium Charge

Policy Charge for

Premium Charge Rate

Month 1 to 12

30%

Month 13 to 36

18%

Month 37 to 48

17%

Month 49 to 60

16%

Month 61+

0% 

Single Premium

Policy Month

Premium Charge

Month 1 to 12

7%

Month 13+

0%

 Administration Charges

Policy Month

Annual Charge

Month 1+

USD 180

Regular Premium Surrender Charges

Policy Month

Surrender Charge

Policy Month

Surrender Charge

1

20%

34 to 37

9%

2

19%

38 to 41

8%

3 and 4

18%

42 to 44

7%

5

17%

45 to 47

6%

6 and 7

16%

48 to 50

5%

8

15%

51 and 52

4%

9

14%

53 and 54

3%

10 and 11

13%

55 and 56

2%

12 to 19

12%

57 to 59

1%

20 to 27

11%

60+

0%

28 to 33

10%

 

 Single Premium Surrender Charges

Policy Month

Surrender Charges

1

6.5%

2

5.5%

3

5%

4

4.5%

5

3.5%

6

3%

7

2.5%

8

2%

9

1.5%

10

1%

11

1%

12

0.5%

13+

0%

How to Buy MetLife Life Insurance Via Policybazaar.ae?

Those seeking to buy a MetLife life insurance plan can simply visit our website to ease their purchase process. Refer to the set of instructions given below for a detailed application process:

  1. Open the official website of Policybazaar UAE.
  2. Navigate to the ‘Life Insurance’ section.
  3. Locate the lead form and fill it out with appropriate details.
  4. Once navigated to the quotes page, use the necessary filter to find MetLife life insurance plans.
  5. Read the policy wordings of both plans and choose the ideal one.
  6. Upon submitting the application, one of our experts will get in touch with you shortly and guide you through the subsequent steps.

Note: Upon successful purchase of the MetLife life insurance plan, you will receive the policy documents on your registered email ID.

How to File a Claim for MetLife Life Insurance?

Here is a guide on how to file a claim for MetLife life insurance policies —

  • Notify the Provider: The initial step here is to inform MetLife regarding the situation.
  • Download the Claim Form: Download the MetLife life insurance claim form from the official website of MetLife and fill it out with the correct details.
  • Gather the Documents: As required, upload and attach the mandatory documents listed on the form. Some of these documents include the insured’s medical reports, national ID, and others.
  • Submission of the Documents: Submit the claim form along with the documents. Make sure to re-check the details mentioned in the form to avoid any discrepancies in the future.
  • Evaluation of the Claim Form: After receiving the form, MetLife will thoroughly assess the claim form and the documents for verification and accuracy.
  • Approval of the Claim Request: MetLife will get in touch with you for any further information (if required). If approved, the company will guide you through the next step.
  • Disbursal of Funds: MetLife will pay the claim once all the documentation process is successfully completed to the beneficiary, according to the policy term.

Note: The experts of Policybazaar.ae are available to guide its customers with the relevant claim assistance. This includes understanding the policy document and claim process, direct coordination with MetLife, and more. Simply reach out to us via call at 042472904 to speak to the customer support team.

Let’s now take a look at some of the most frequently asked questions regarding MetLife life insurance! 

What are the documents required to buy MetLife life insurance plans?

Here is a checklist of the common documents required for obtaining MetLife life insurance —

  • Duly filled and signed application form
  • A valid proof of identity (e.g. National ID, passport)  
  • A valid proof of residential address (e.g. Utility bills)
  • A valid proof of income (e.g. Salary certificate)
  • Previous 3 or 6 months’ bank statements
  • Medical reports
What are the additional benefits included in the MetLife Critical Illness Care Plus plan?

Individuals are offered a discount on premiums and the option to decrease or increase the existing coverage.

Children up to what age are covered in the Critical Illness plan?

Children between the ages of 0 and 20 years are covered.

Which type of insurance cover is available in the Future Protect plan?

Individuals can opt for joint life or single life insurance.

Are both the MetLife life insurance plans customisable?

Yes, the life insurance plans offer the option to increase or decrease the life cover.

Reviews & Ratings

4.6 / 5 (based on   20020 google icon reviews)

More From Term Insurance