METLIFE RE-LAUNCHES RETAIL TERM INSURANCE
CHARLOTTE, NC, August 11, 2014 - 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.
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.