Group Benefits

Group Universal Life Insurance

MetLife’s Group Universal Life (GUL) is an easy-to-administer insurance program that helps protect your employees’ future.

GUL is portable, permanent life¹ insurance for employees and their families that includes features to help protect financial assets and build savings for future needs, including retirement.

Provide Flexible Financial Solutions to Your Employees

GUL offers life insurance protection while allowing employees to participate in the Cash Fund — a way to build cash value for the future by contributing additional premiums into a tax-deferred, interest-bearing account. The Cash Fund offers:

• A fixed rate of return guaranteed never to fall below a certain minimum.²

• The ability to save for future expenses and the option to purchase paid-up life insurance, or an annuity at retirement.

Added Value With Innovative Services

Will Preparation³: Participants and spouses can receive will preparation services through Hyatt Legal Plans’ nationwide network of more than 10,000 participating attorneys.

MetLife Estate Resolution Services^{SM, 3}: Allows the executor or administrator of the estate access to personal legal advice and consultation when settling the insured’s will and estate.

¹ To age 95. In some program designs, if the employer replaces the MetLife GVUL with group life insurance from another employer or otherwise terminates the MetLife GVUL group contract, employees' MetLife GVUL coverage may also be terminated, even after separation from employment or in retirement.

² Product guarantees are subject to the financial strength and claims-paying ability of Metropolitan Life Insurance Company.

³ Will Preparation and MetLife Estate Resolution Services^SM are offered by Hyatt Legal Plans, Inc., Cleveland, Ohio, a MetLife company. In certain states, legal services benefits are provided through insurance coverage underwritten by Metropolitan Property and Casualty Insurance Company and Affiliates, Warwick, Rhode Island, a MetLife company. In certain states, Will Preparation and MetLife Estate Resolution Services are subject to regulatory approval and are not currently available. In certain states, Estate Resolution Services cannot be made available to residents without that state’s approval. MetLife Estate Resolution Services is available for customers with over 500 eligible employees, subject to state approval and regulation.

GUL is issued by Metropolitan Life Insurance Company, New York, NY 10166. Policy Form No. G2130_S /GPN99.

Like most group life insurance policies, MetLife group policies contain certain exclusions, reductions, limitations, and terms for keeping them in force. Please contact us for costs and complete details.