Term Life

Term Life Insurance is a cost-effective solution for your life insurance needs. It features a set premium and offers protection for a specific time period or "term".

You also have the flexibility to change your coverage as your needs evolve.

Common types of term life insurance your workplace includes:

• Basic Term Life: Generally an employer-paid coverage offered for a set period of time that provides your beneficiaries with essential financial protection.
• Supplemental Term Life: An employee-paid benefit allowing you to purchase additional protection as your needs change over time.
• Dependent Term Life: Provides coverage for your spouse, civil union partner or domestic partner, and eligible children.

You should consider Term Life Insurance if you want:

• An affordable way to get financial protection.
• A means to provide funds for specific financial responsibilities like a mortgage or college expenses.

Some things to keep in mind about Term Life Insurance:

• It does not build cash value like a permanent life policy does.
• It may be portable so you can take it with you if you leave your company.
• If it's not portable, you will have the option to convert your group policy to an individual policy.¹

Group Term Life is issued by Metropolitan Life Insurance Company, New York, NY 10166. Policy Form GPNP99.