Double Protection Plus Plan (DPP)
In simple terms: you pay a fixed amount each year, and at the end of the term you get your cover amount back together with the bonus the insurer adds along the way. A MetLife limited-premium endowment plan offering double protection (2x Sum assured on death/PTD), Booster Fund and Loyalty Rewards with options.
Declared bonus
Rate by policy term
Declared FY 2081/82
| Policy term | Rate / 1,000 | Prev. year |
|---|---|---|
| 1-15 | Rs 45 | Rs 45 |
| 16-20 | Rs 55 | Rs 55 |
| 21 and above | Rs 65 | Rs 65 |
Recent years
- FY 2081/82
- Rs 40–70/ 1,000
- FY 2080/81
- Rs 45–65/ 1,000
- FY 2079/80
- Rs 45–65/ 1,000
- FY 2078/79
- Rs 45–65/ 1,000
- FY 2077/78
- Rs 45–65/ 1,000
* Company-wide declared range — the plan's own term bands were not published that year.
Source: MetLife Nepal declaration for FY 2081/82
Bonus rates are declared annually and are not guaranteed. Past rates do not guarantee future rates.
Maturity estimator
Estimated value at maturity
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What's included
Key highlights
- Double protection (2x on death/PTD)
- Single / 5-Pay / 10-Pay premium options
- Guaranteed Loyalty Rewards every 5 years
Features
- Death and Permanent Total Disability benefit: 2x Face Amount
- Limited premium payment options: Single Pay, 5-pay, 10-pay
- Booster Fund payable annually based on segregated fund investment yield (per 1000 sum Assured)
- Guaranteed Loyalty Rewards payable at each 5th policy year (per 1000 Sum assured)
- Accidental death/dismemberment benefit: 1x Sum Assured)
- Maturity benefit: Face Amount + accumulated Booster Fund + accumulated Loyalty Rewards
- Surrender, policy loan, paid-up and automatic premium loan options availiable
What happens in each case
Each plan pays out differently depending on what happens during the term. These are the situations that matter for this kind of plan.
If the insured passes away during the term
The nominee receives the sum assured plus the bonus built up to that date, and the policy ends.
Typical for endowment plans — confirm the exact terms in the brochure.
If the policy runs to maturity
You receive the sum assured plus the bonus built up to that date as a lump sum on the maturity date.
Typical for endowment plans — confirm the exact terms in the brochure.
If death is caused by an accident
With the accidental death rider, an additional amount is paid on top of the sum assured. The rider is optional and carries its own premium.
Typical for endowment plans — confirm the exact terms in the brochure.
Optional riders
Questions about this plan
What kind of plan is Double Protection Plus Plan (DPP)?
Double Protection Plus Plan (DPP) from MetLife Nepal is an endowment plan that pairs savings with life cover for a single adult, and suits people who want a guaranteed amount on a fixed future date.
Who can buy Double Protection Plus Plan (DPP)?
The entry age for Double Protection Plus Plan (DPP) is 18 – 65 years.
How long does Double Protection Plus Plan (DPP) run?
The policy term for Double Protection Plus Plan (DPP) is Fixed: 10, 15, 20 years.
What bonus rate does Double Protection Plus Plan (DPP) earn?
For FY 2081/82, MetLife Nepal declared Rs 40–70 / 1,000 of sum assured on Double Protection Plus Plan (DPP). Bonus rates are set each year and are not guaranteed.
Which riders can be added to Double Protection Plus Plan (DPP)?
Double Protection Plus Plan (DPP) can be taken with the following optional riders: Accidental death (ADB), PTD / PWB. Each rider carries its own premium.
Premium
Quote on request