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Two new plans from MetLife India

BANGALORE : MetLife India Insurance Co Pvt. Ltd. has strengthened its unit-linked portfolio by launching two new plans, Met Smart Plus and Met Smart Premier single pay. Individuals aged up to 55 years can buy both products with a one-time payment with a single minimum premium of Rs. 50,000. The minimum sum assured is 1.25 times the premium and the maximum, five times the premium. The plans offer six fund options and the investor can switch between them after a six-month period, says a release. Premiums under both plans are eligible for tax deduction.

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