Legacy Pro

Have you ever thought about what would happen to your family if you weren’t able to provide for them anymore? Choose the best-value life insurance in the market that will protect your health, and your family’s future, no matter what happens.

• Free terminal illness cover with the inclusion of Critical Illness cover.
• Up to 20% of adults with serious conditions are first misdiagnosed*. This is why we offer the choice of a second medical opinion from top hospitals in the USA.
• 85% of UAE population are expats**. MetLife solutions go where you go, throughout your life. Your policy will remain active whether you stay in the UAE or move abroad in the future.
• Discounts on dental & optical services available exclusively through MetLife’s discount card.
   

• Level Benefit: Selected coverage amounts remains fixed in all years of the policy term
• Decreasing Benefit: Selected coverage amounts decreases at each policy anniversary due to selected amortization rate (0%, 4%, 6% or 8%)

• Life Cover: In case of your unfortunate death, your beneficiary will get 100% of the coverage selected at plan inception.
• Level Term: You can pay a fixed premium over a period of time from 5 to 30 years or till age 55 to 85.
• Free Second Medical Opinion: You can avail a free second medical opinion service from renowned medical centers in the USA.
• Free Medical Discount Card: You can get a medical card which offers discounts ranging from 10% - 30% at selected Medical Providers in UAE. 

• Accelerated Critical Illness (‘ACI’): You get a guaranteed cash lump sum payment of up to USD 1 Million if you’re diagnosed with any of the 32 Critical Illnesses.
• Accidental Loss of Life: In case of loss of life due to an accident, your beneficiary can receive up to USD 5 Million. 
• Accidental Loss of Life due to an Accident in Common Carrier: In case of loss of life due to an accident in common carrier, your beneficiary can receive up to USD 10 Million.
• Health Cover Abroad: You can receive a payment for treatment up to USD 2 million for life time with maximum of USD 1 million per year, when customer undergoes treatment outside UAE, for any of the 6 covered critical conditions.
• Waiver of Premium: In case of unfortunate disability or loss of life, MetLife will continue paying for all the remaining premiums to guarantee that the plan remains in force.
• Permanent Total Disability: You can receive a guaranteed cash payment up to USD 2 million in case of Permanent Total Disability (PTD) due to accident or sickness.
• War Risk: You can get extra coverage by paying the applicable war risk premium with entry age of 20 to 65 years old.
• Personal Accident on Life: You get extra coverage for the following:
   
  1. Accidental Loss of Life
  2. Permanent Partial & Total Disability Due to Accident
  3. Accidental Loss of Life
  4. Permanent Partial & Total Disability Due to Accident on Common Carrier & Flying
  5. Accidental Medical Reimbursement and Accident Disability Weekly Income (Up to 104 Weeks)
• Accident Care: You can get extra coverage for the following:
   
  1. Accidental Loss of Life
  2. Permanent Partial & Total Disability Due to Accident and Accidental Medical Reimbursement
• Hospital Care: You can receive guaranteed cash payments for the following:
   
  1. Hospitalization period up to 52 weeks due to Sickness or resulting from an accident 
  2. Surgical Expenses
  3. Permanent Total Disability due to Sickness
• Forever: In case of Permanent Partial Disability or Permanent Total Disability resulting from accident or sickness, you get a guaranteed lifetime monthly income (minimum guaranteed period of 20 years).
   

• Level Benefit Limited Pay & Single Pay: Only Accelerated Critical Illness benefit is offered.
• Decreasing Benefit Regular Pay: Only Waiver of Premium and Permanent & Total Disability benefits are offered. 
• Decreasing Benefit Limited Pay & Single Pay: No optional benefit is offered. 
• All optional benefits have additional premiums and are yearly renewable. The premium rates for optional benefits are not guaranteed and might change in the future with prior notice. Optional benefits are not offered for non-residents unless it has been mentioned above. All benefits are subject to Terms & Conditions of the plan.

• Plan Options: Level Benefit, Decreasing Benefit
• Age of Issue: 20 to 75 years (Life) and 70 years (ACI)
• Age at Expiry: End of selected plan term, maximum 85 years (Life) and 75 years (ACI)
• Policy Currency: USD, AED, GBP & Euro
• Premium Payment Modes: Singe Premium, Annually, Semi-annually, Quarterly and Monthly
• Premium Payment Options: Regular Pay, Limited Pay, Single Pay
• Minimum Annual Premium (USD)

Click here to download Product Brochure

Click here to download Terms and Conditions

Our Insurance Partner, MetLife, made your claims submission as simple as possible, ensuring that you have the right support and tools to quickly make a claim – anytime, anywhere. Find out how you can submit a claim today.

• Claim Process
  Death benefits or Terminal Illness are only payable upon delivery of this policy to MetLife’s administration together with satisfactory proof of:
• Claimant's Statement completed and signed by the beneficiary
• Physician's Statement completed, signed and stamped by the Physician who last attended the deceased or detailed medical report.
• Original death certificate.
• Police and Forensic reports in case death was due to accident.    
• Original Policy document.
• Copies of passports or ID cards of deceased and beneficiary.
• Complete address and telephone number of beneficiary.
   
• Where to Submit
  
  Claims Department - MetLife
  P.O. Box 371916, Dubai, UAE
  Tel. +971 4 415 4555
  Fax. +971 4 415 4445
  E-mail: [email protected]

Click here to download Claims Statistics

Legacy Pro (“Insurance“) is underwritten and issued by American Life Insurance Company (“MetLife”).The Insurance is offered by MetLife exclusively to RAKBANK customers and is subject to MetLife’s approval. Terms and Conditions of the Insurance policy shall apply at all times. RAKBANK is neither responsible for, nor guarantees or warrants the quality, fitness for purpose, suitability of the Insurance being offered by MetLife and does not accept any liability and shall not be liable for any loss or damage arising directly or indirectly to the customer as a result of subscribing to the Insurance.

* https://www.washingtonpost.com/national/health-science/20-percent-of-patients-with-seriousconditions-are-_rstmisdiagnosed-study-says/2017/04/03/e386982a-189f-11e7-9887-1a5314b56a08_story.html

**Ipsos