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Mortgage Protection

Give your family the comfort they deserve

Mortgage Protection makes sense because, when you’re settled in a home that all the family loves, the last thing you’d want is for them to lose it if something should happen to you. With this plan you can rest assured that your family will still be secure.

Key benefits for you

  • You can choose your level of coverage up to USD 2 million
  • You can choose the length of your protection period from 5 to 25 years
  • You decide how much you’d like to pay

Plus an extra bonus

And additional bonus you enjoy is that you only pay for 80% of the term; we’ll pay the other 20%. And for your greater financial flexibility, we offer policies that you can pay for in USD or AED, just decide which you prefer when you apply.

Product features

Question Answer
Is it designed to help cover a mortgage?
  • Yes
Is it designed to provide a lump sum for loved ones?

Mortgage will be settled to the bank. Balance amount, if any, will be paid back to you as lump sum.

Does the amount of coverage stay the same for the duration of the plan?
  • No
Is it designed to have an investment opportunity?
  • No
How long does the coverage last?
  • You decide this
  • More

5 to 25 years; Note: Your age plus the period selected must not exceed 75 years

Can you put the plan in trust?
  • No
Is terminal illness benefit included?
  • No
Is critical illness coverage included?
  • No
Can you choose the amount of coverage?

Up to USD 2 million or AED 7.3 million

Can you increase the amount of coverage during the plan terms?
  • No
Can you get joint coverage?
  • No
Are both men and women eligible?
  • Yes
How much will it cost?
  • You decide this
  • More

Minimum annual premium is USD 400 or AED 1,470

Can I pay in multiple currencies?

AED & USD

What is the age eligibility?
  • From age 25 to 65 years
How do you apply?

Send us a request through our 'Contact us' page and a MetLife representative will get back to you

Protect the roof over their heads

Mortgage Protection is a cost effective plan designed to give you the peace of mind that comes with knowing that, in case of loss of life, your mortgage will be paid off. 

Don’t risk leaving your loved ones with the burden of a large financial obligation. Contact MetLife today and make sure that your family is able to keep a roof over their heads -even if you are no longer here to provide for them.

 

At a glance

  • A simple, cost effective and affordable way to protect your loved ones
  • Coverage up to USD 2 million or AED 7.3 million
  • You pay for only 80% of the term, we pay the remaining 20%
  • Flat, low rate premiums for the length of the term
  • The protection you need is available fast, so there’s no unnecessary delay when you buy a property
  • You can choose to pay in AED or USD

 

Coverage starts from USD 34 a month

Get a quote

Call 800 MetLife (800-638 5433) and speak to us,

Or, simply fill out our 'Contact us now' form.

  • Contact us now

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“This plan is underwritten by American Life Insurance Company (MetLife) and is subject at all times to the terms and conditions of the Plan, Policy and riders issued by MetLife. The information published on this website is intended for general consumer understanding only and does not contain the full terms of the policy. Kindly refer to the policy document for the full terms and conditions.”

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