Vision for Daughter’s Marriage

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.

Product Overview

  • 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

Eligibility 
Insured Child: Minimum age of entry 3 months and maximum age of entry is 15 years
Payer: Minimum age of entry 20years and maximum age of entry is 60 years

Term
Minimum: 10 years
Maximum: 25 years or up to an attained age of 70 years of the payer, whichever is lower

Currency 
Pakistani Rupee

Premiums
Premiums may be paid annually, semi-annually or quarterly. The minimum acceptable collected premium for any premium payment mode is PKR 25,000

Gender 
Male and Female

 

Urdu Version

Subject to policy terms and conditions

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