Life Insurance

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Life Insurance

With MetLife by your side, you can help your employees protect their family should the worst happen while balancing your own costs.

Being underinsured can result in a devastating impact to the financial wellbeing of an employee’s family. We offer the broadest range of group life insurance products, plus an unmatched suite of additional supplementary services, helping you provide financial security and meeting the needs of a diverse workforce.

Our Products
Term Life Insurance

Term Life Insurance

MetLife offers a variety of group life insurance solutions that help balance costs with employee needs.

Accidental Death and Dismemberment

Accidental Death and Dismemberment

Supplementary to term life coverage, AD&D insurance provides enhanced coverage for unexpected events.

Permanent Life Insurance

Permanent Life Insurance

Portable, permanent life insurance protection with an opportunity to build cash value.

Group life insurance helps your employees' quality of life and ensures their loved ones and beneficiaries are protected.

Employer-paid foundational protection that helps meet a portion of a family's income needs in the event of a premature death.

Group Accidental Death and Dismemberment insurance

MetLife's suite of ADD solutions include

Group Variable Universal Life (GVUL): Combines life insurance protection with tax-advantaged investment options that enable employees to grow their savings for future financial security.

Group Universal Life (GUL).

Executive Benefits

Build an executive benefits plan that attracts top executives and helps them achieve their financial goals.

Build a solid foundation for a thriving workforce*

72
%

Of employees say that the safety and protection of themselves and their family is more important now

86
%

Of employees say finances are a top source of stress for them now and in the future.

A Changing Workplace

As seen in MetLife’s 2021 Employee Benefits Trends Study, here are five important trends to know—and how businesses can take action moving forward.

MetLife Advantages℠

MetLife Advantages helps your employees and their beneficiaries prepare for the future and supports them through difficult times.

Info for employees

Discover life insurance

1 To the maturity age specified in the certificate. In some program designs, if the plan sponsor replaces MetLife GVUL or GUL with another group life insurance plan or otherwise terminates the MetLife group policy, coverage may also be terminated, even after retirement or separation from employment. If coverage is ported or otherwise continued after retirement or separation from employment and the plan sponsor later terminates the group policy, cost of insurance rates may increase as a result of such termination.

2 To the maturity age specified in the certificate. In some program designs, if the employer replaces MetLife GUL or GVUL with another group life insurance plan or otherwise terminates the MetLife group contract, employees’ coverage may also be terminated, even after separation from employment or retirement.

3 Withdrawals reduce the death benefit and cash value and thereby diminish the ability of the cash value to serve as a source of funding for cost of insurance charges, which increase as you age. In general, if the funding of a certificate exceeds certain limits, it will become a "modified endowment contract" (MEC) and become subject to "earnings first" taxation on withdrawals and loans. An additional 10% penalty for withdrawals and loans taken before age 59  will also generally apply. We will notify certificate holders if a contribution would cause their certificate to become an MEC. Withdrawals are subject to an administrative fee of 2% of the amount withdrawn, not to exceed $25.

4 MetLife’s Study of the Financial Impact of Premature Death, 2020.

* MetLife’s 19th Annual U.S. Employee Benefits Trends Study was conducted in December 2020-January 2021 and consists of two distinct studies fielded by Rainmakers CSI – a global strategy, insight, and planning consultancy. The employer survey includes 2,500 interviews with benefits decision-makers and influencers at companies with at least two employees. The employee survey consists of 2,651 interviews with full-time employees, ages 21 and over, at companies with at least two employees

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

MetLife Rapid Term Life insurance is issued by Metropolitan Tower Life Insurance Company, New York, NY 10166, policy form #8D-29-17.