The MetLife Alico Vision for Daughter’s Marriage plan helps you accumulates funds to meet your child’s wedding expenses. It helps you plan for this joyful event so that you can give your child the wedding that you have dreamt of.
The plan ensures that in the occurrence of an unforeseen event, sufficient funds are available to satisfactorily finance your child’s marriage expenses.
You will select the future lump-sum amount needed to meet your child’s marriage expenses and we will quote a premium, which will assist you in accumulating the desired value of the fund. Once set, the premium (net of premium charges) is invested in stock market-linked instruments
Option to deposit additional funds (dump-ins) to your regular plan
Based on your risk appetite, you can create your own investment mix by choosing from a range of investment strategies such as Aggressive, Balanced, Conservative, Secure or Shariah Compliant
By selecting a desired portion of each strategy you want to invest in, you have the flexibility to alter the investment mix
In case of a temporary financial emergency, you can avail of our partial withdrawal facility
At the end of every 5 years, you will be entitled to receive a loyalty bonus
In case of death/disability of the payer, the compulsory Family Protection Rider (FPR) ensures that all future premiums will be waived and hence the policy remains in force to meet your child’s marriage finances
A selection of additional benefits (riders) is available to enhance the benefits of the main plan. These include Accidental Death Benefit and Income Benefit Rider