The Term Life & Disability Package from MetLife

Basics
Term Life
Disability
FAQ

Basics

If your income stopped today, what impact would that have on your lifestyle, your family, your financial future?

Disability income insurance can replace a portion of your income if you can't work, and term life insurance gives you protection for the time in your life when you may need it most. At MetLife, you can get both in one straightforward and surprisingly affordable package.¹

Start building your safety net today — fill out the form to the right or contact your MetLife Representative to apply for this package.

Not sure how much you need or how much it will cost?² Use the Term Life & Disability Simplifier.

Term Life

What is Term Life Insurance?

Term Life Insurance provides cost-effective coverage for a specified period of time, with the opportunity to change should your needs change. Depending on your age, level term life insurance protection is available for 10, 15, 20 or even 30 years.³

Not sure how much you need or how much it will cost?² Use the Term Life & Disability Simplifier.

Term Life is right for you if you want:

An affordable way to get maximum coverage
To cover specific financial responsibilities like a mortgage or college expenses
To supplement your Permanent Life Insurance during periods when coverage needs are higher, such as family-building, mortgage-paying years

Things to Consider:

Your death benefit will generally be free from income taxes to your beneficiaries
Should your needs change, your policy can be converted to a permanent policy for a lifetime of coverage
At the end of the specified term, your coverage will cease

Disability

What is Disability Income Insurance?

Disability income insurance can replace a portion of your income if you get sick or injured and are unable to work. It can help you and your family maintain your standard of living. Options are available that can provide essential coverage while meeting most family budgets.

Not sure how much you need or how much it will cost?² Use the Term Life & Disability Simplifier.

Disability Income Insurance is right for you if you want:

A personal safety net in case you are disabled for months or even years
To retain financial independence

Things to Consider:

Three in ten workers entering the workforce will become disabled before retiring⁴
If you have coverage through your employer, it's important to find out the details. Many workplace long-term disability plans only cover up to 60% of your salary and employer-provided disability benefits are usually taxable.

FAQ

Don't I already have these coverages through work?

While many workplaces offer employees Life Insurance and Disability Income Insurance, many employer-paid plans cover only a portion of your insurance needs. It's important to find out how much coverage you have at work, and figure out if it's enough protection for you and your family.

Many employer-paid Life Insurance policies cover only 1 to 3 times your annual income, not including bonus or incentive compensation.
Many employer-paid Disability Income plans cover 60% or less of your salary only.
Employer-paid benefits are typically subject to income tax.
Many workplace benefits end if you switch jobs or are laid off.

Your MetLife Representative can help you supplement your workplace benefits with a Life and Disability package that can help fill gaps to meet your coverage needs.

Doesn't Social Security cover me if I'm disabled?

Social Secruity disability payments are limited to disabilities expected to last at least 12 months or end in death. To qualify, you must be unable to engage in any type of work. With Disability Income Insurance from MetLife, your insurance can protect you if you are unable to do your current job.¹

¹The length of time you are covered in your own occupation depends on your occupational classification.

How much is it going to cost?

Premium rates are typically based on factors such as:

age, gender, height, and weight
health status, including whether or not you smoke
participation in high-risk activities
occupation
benefit amount
maximum benefit and waiting periods (for disability income)

To get a better idea of how much coverage you may need and to see sample rates, use the Term Life and Disability Simplifier. Sample rates are available for ages 25-40; your MetLife representative can provide quotes outside this range.

How can I reduce the cost of my disability policy?

There are several ways to cut costs when buying the Term Life and Disability package. Consider a longer waiting period before disability benefits begin, or a shorter amount of time for benefits to be paid—such as five years instead of until age 65. Your MetLife Representative can help you find a policy to meet your needs.

Not sure how much you need or how much it will cost?² Use the Term Life & Disability Simplifier.

¹Separate applications are required for term life insurance and disability income insurance.
² Sample premiums available for ages 25-40. Your MetLife Representative can provide quotes outside this range.
³30-year term is not available in Washington and Oregon .
⁴Social Security Administration, Fact Sheet, January 31, 2007.

Like most insurance policies, MetLife's policies contain exclusions, limitations, disability waiting periods, reductions of benefits and terms for keeping them in force. For complete costs and details, see your MetLife Representative.

For disability income policies issued in New York: the disability income policy provides disability income insurance only. It does NOT provide basic hospital, basic medical or major medical insurance as defined by the New York State Insurance Department. The expected benefit ratio for these disability income policies is at least 50 percent. This ratio is the portion of future premiums which the company expects to return as benefits, when averaged over all people with this policy.

Metropolitan Life Insurance Company, New York, NY 10166.

Term Life and Disability Package

Basics

Term Life

Disability

FAQ

Basics

Term Life

What is Term Life Insurance?

Disability

What is Disability Income Insurance?

FAQ

Don't I already have these coverages through work?

Doesn't Social Security cover me if I'm disabled?

How much is it going to cost?

How can I reduce the cost of my disability policy?

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