Preference Plus Income Advantage
Preference Plus® Income Advantage (PPIA) is an immediate variable annuity that provides you with income guaranteed for life. PPIA allows you to take advantage of two benefits — guaranteed lifetime income and potential income growth — by choosing to receive Variable Income Payments or a combination of Fixed and Variable Income Payments.
The Fixed Income Payment Option provides a predictable amount of income. The Variable Income Payments Option provides opportunities for potential income growth by offering a number of underlying funding options. By allocating your purchase payments to the Fixed Income Payment Option as well as the Variable Income Payment Option, you introduce an element of stability to your payments since part of your income will be a specific, predictable amount produced by the Fixed Income Payment Option. The other part of your Income payment will vary based on the performance of the funding options you select within the Variable Income Payment Option.
Think of it as your own personal retirement plan — yours to create, yours to control, yours with potential income growth.
For more information
Variable insurance products, including variable annuities, are offered by prospectus only. The prospectus contains information about the product's features, risks, charges and expenses, and the investment objectives, risks and policies of the underlying portfolios, as well as other information about the underlying funding choices. Read the prospectus and consider this information carefully before you invest. Product availability and features may vary be state. All product guarantees are based on the financial strength and claims paying ability of the Metropolitan Life Insurance Company.
MetLife's Preference Plus Income Advantage immediate variable annuity has limitations. There is no guarantee that any of the funding options in this product will meet their stated objectives. The Fair Market Value (as defined in the Contract) is subject to market fluctuations so that when withdrawn, it may be worth more or less than its original value less Income Payments and withdrawals already made. All product guarantees are based on the financial strength and claims paying ability of Metropolitan Life Insurance Company. Please for a prospectus, or call 800-638-7732. Please read the prospectus carefully before investing or sending money.
Like most annuity contracts, MetLife contracts contain withdrawal charges, limitations, exclusions, holding periods, termination provisions, and terms for keeping them in force. See your representative for complete details.
Issued by Metropolitan Life Insurance Company, New York, NY 10166, and distributed by MetLife Investors Distribution Company (member FINRA), Irvine, CA 92614. Securities, including variable products, offered through MetLife Securities, Inc. (member FINRA/SIPC), New York, NY10166. Metropolitan Life Insurance Company, MetLife Investors Distribution Company, and MetLife Securities, Inc. are affiliates. Policy Form # PPI-1(05/04)
