MetLife announced today that it is reducing rates* on its Guaranteed
Level Term product as part of the company’s efforts to enhance its life
insurance portfolio. Guaranteed Level Term is a fully underwritten
policy and clients who purchase it will have the opportunity to convert
to any of MetLife’s permanent policies at a later date.
“MetLife is committed to ensuring that consumers have access to the life
insurance coverage they need,” said Gene Lunman, senior vice president
of Retail Life and Disability Insurance Products at MetLife. “By
continually evaluating our life insurance portfolio, we are able to
evolve our product offerings to help consumers protect themselves and
their families, and provide financial professionals with products that
can meet the needs of a wide array of customers.”
For current rates and more information on MetLife’s Guaranteed Level
Term, please contact your local financial services representative.
About MetLife
MetLife, Inc. (NYSE:MET), through its subsidiaries and affiliates
(“MetLife”), is one of the largest life insurance companies in the
world. Founded in 1868, MetLife is a global provider of life insurance,
annuities, employee benefits and asset management. Serving approximately
100 million customers, MetLife has operations in nearly 50 countries and
holds leading market positions in the United States, Japan, Latin
America, Asia, Europe and the Middle East. For more information, visit www.metlife.com.
* Rate changes do not apply to all ages, rate classes, coverage amounts
and level premium periods.
Guaranteed Level Term is issued by MetLife Investors USA Insurance
Company, Charlotte, NC 28277 on Policy Form 5E-23-12 and in New York
only by Metropolitan Life Insurance Company, New York, NY 10166 on
Policy Form 1E-23-12-NY. Both are MetLife companies. MetLife insurance
policies have limitations, exclusions, charges, termination provisions
and terms for keeping them in force. See a sample policy and rider forms
for details. All product guarantees are subject to the financial
strength and claims-paying ability of the issuing insurance company.
Copyright Business Wire 2014