Live Life

Enjoy life with a guaranteed peace of mind

 

Live Life is a term life insurance plan that offers financial protection to your family when you no longer there for them. This plan provides a guaranteed lump sum cash amount, should the worst happen.

Eligibility

  • Individuals holding a residence visa in Qatar
  • Individual between 20 years of age at the time of application and not older than 65 years of age
  • Expiration: Policy anniversary following the selected Plan Term
  • Enrollment period: Minimum enrollment is 5 years and maximum is 25 years
  • Plan renewal: Automatically every month or year, based on the payment method
  • Mode of payment: Debit or credit card
  • Payment method:  Monthly, quarterly, semi-annually or annually

 

Features and benefits

  • Cover up to USD 50 M for Qatari residents and USD 2 M for non-Qatari residents
  • Annual premium starting from USD 225
  • Optional Accelerated Critical Illness (ACI) benefit that covers 32 illnesses
  • Free Accelerated Terminal Illness benefit with ACI
  • Free second medical opinion
  • Worldwide coverage*

 

Optional Benefits

  1. Accelerated Critical Illness
  2. Waiver of Premium due to disability of the Insured (when same as the owner)
  3. Permanent Total Disability
  4. War Risk Cover
  5. PAL (Personal Accident on Life) Accidental Loss of Life, Permanent Partial & Total Disability Due to Accident.
  6. ‘Forever’ Lifetime Income in case of Permanent Partial or Permanent Total Disability Due to Accident.
  7. Hospital Care
  8. Accident Care

 

* Coverage and benefits cannot be provided in countries under the “International Sanction” list

 

(Disclaimer: This product is marketed and distributed by QNB (Bancassurance) on behalf of American Life Insurance Company (MetLife)without any liability on QNB)

Plan Details

Criteria

Eligibility

Entry Age

20 to 65 years

Maximum Age at Maturity

75 years for Life and ACI

Mode of Payment

Monthly, Quarterly, Semi-Annually & Annually

Term

5 years to 25 years

Minimum Face 

USD 150,000 (Life); USD 50,000 (ACI)

Maximum Face

Residents - USD 10 million for Life Cover and USD 1 million for ACI Non-Residents - USD 1 million for Life cover. No rider benefits.

Re-instatement

Allowed within 3 years from the date of premium default

Optional Rider Benefits

ACI with Terminal Illness, Waiver of Premium, War Risk Cover, ‘Forever’ Lifetime Income, Hospital Care, Accident Care, Personal Accident Plan, Permanent Total Disability

Premium Rates

Calculated based on issue age, gender, smoking status and term of the policy

Grace Period

31 days allowed for payment of premium, during which period the policy will remain in force

Optional Benefits

  • Accelerated Critical Illness

  • Waiver of Premium due to disability of the insured (when same as the owner)

  • Permanent Total Disability

  • War Risk cover

  • PAL (Personal Accident on Life) Accidental Loss of Life, Permanent Partial & Total Disability Due to Accident.

  • ‘Forever’ Lifetime Income in case of Permanent Partial or Permanent Total Disability Due to Accident.

  • Hospital Care

  • Accident Care

Was this information helpful?