Mortgage loan insurance has grown rapidly in this region with both the banks and borrowers realising the importance of protecting their mortgages. MetLife’s experience in designing customised solutions to meet the needs of every segment that the bank or financial institution services, ensures that you will find the right solution with us.
The following features set our solutions apart from those offered by our competitors :
Our solutions offer insurance cover on mortgages up to 2 million USD
Our non-medical limits are amongst the highest in the market
We offer your customers access to the widest networks of hospitals, clinics and doctors in Lebanon
We offer a choice of two types of mortgage insurance solutions. They are:
Length of Loan Policy : In this type of policy, the insurance rate is determined on a case by case basis and guaranteed for the entire loan tenor.
Yearly Renewable Term policy : In this type of policy, the insurance rate is usually an average rate and is applied to all insureds. This rate is reviewed annually depending on the claims experience of the policy.
We support you with automated tools including illustration systems in order to facilitate needs-based sales
Our offer to you is backed by one of the best service teams in the industry with clearly defined benchmarks for transaction processing and handling enquiries.