MetLife Launches New Protection Plan exclusively for Women; Comprehensive Protection Plan covering 24 serious diseases
MetLife Nepal today launched LifeCare, a new term insurance policy that provides comprehensive financial protection against loss of life, unanticipated incidents and diagnosis of 24 serious diseases. The first-of-its-kind insurance plan in Nepal includes packages specifically designed for women as well as a general package fit for all.
“We are proud to introduce this product in Nepal after identyfying a protection gap in the insurance market for people in Nepal who suffer from these diseases,” said Nirmal Kajee Shrestha, vice president and General Manager, MetLife Nepal.
The 24 diseases covered by the plan are divided into two unique offerings:
• LifeCare Beautiful is specially designed for women and includes coverage for loss of life and ten female-centricc diseases, including: female carcinoma, skin grafting, facial reconstructive surgery due to accident, breast cancer, uterus cancer and other female specific cancers.
• The second package, LifeCare Brave includes coverage for loss of life and 14 serious diseases that commonly affect all genders, including: major cancers, stroke, heart attack, hypertension, end stage liver and lung disease, kidney failure, coma, anemia, major organ/bone marrow transplantation and benign tumor.
LifeCare enables individuals to access a lumpsum payout to cover the cost of treatment and care required for the diagnosed illness, replace lost income due to the disease and treatment, inlcuing covering mortgage or personal loan repayments until they are able to go back to work.
People aged 18 - 60 years can apply for policy terms 1, 5, 10, 15 and 20 years with quarterly, semi-annual and annual premium payment modes. Interested customers can find more information about LifeCare in MetLife Nepal’s website or type “LS” and send SMS to the number 32288.
“We are proud to introduce this product in Nepal after identyfying a protection gap in the insurance market for people in Nepal who suffer from these diseases,” said Nirmal Kajee Shrestha, vice president and General Manager, MetLife Nepal.
The 24 diseases covered by the plan are divided into two unique offerings:
• LifeCare Beautiful is specially designed for women and includes coverage for loss of life and ten female-centricc diseases, including: female carcinoma, skin grafting, facial reconstructive surgery due to accident, breast cancer, uterus cancer and other female specific cancers.
• The second package, LifeCare Brave includes coverage for loss of life and 14 serious diseases that commonly affect all genders, including: major cancers, stroke, heart attack, hypertension, end stage liver and lung disease, kidney failure, coma, anemia, major organ/bone marrow transplantation and benign tumor.
LifeCare enables individuals to access a lumpsum payout to cover the cost of treatment and care required for the diagnosed illness, replace lost income due to the disease and treatment, inlcuing covering mortgage or personal loan repayments until they are able to go back to work.
People aged 18 - 60 years can apply for policy terms 1, 5, 10, 15 and 20 years with quarterly, semi-annual and annual premium payment modes. Interested customers can find more information about LifeCare in MetLife Nepal’s website or type “LS” and send SMS to the number 32288.
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