The GVUL Program FAQ’s

GVUL General FAQ 's

MetLife GVUL Insurance is a group life insurance policy that combines permanent1 life insurance coverage with the opportunity to contribute additional premium into the GVUL policy’s tax-deferred investment feature2. Additional premium contributions are made on an after-tax basis and any potential earnings accumulate tax deferred.

Coverage may be permanent (to the age of 95) and is fully portable. This means that if you no longer work for the County, you may keep the coverage in place at the same rate as an active County employee1.

The policy offers a tax deferred investment feature with a variety of investment options, including a fixed interest-bearing account, with a guaranteed rate2 for as long as you own your policy.

Maintain flexibility and freedom to withdraw your GVUL cash value at any time and for any reason.  There are no early withdrawal penalties, surrender charges, or age restrictions of any kind5.

All withdrawals are tax free up to the cost basis of your policy.

The sum of all GVUL premiums paid into the policy.  This includes premiums paid for the life insurance protection plus any additional investment dollars you choose to contribute.

For new employees: 

  • Coverage is available up to 8 times your annual salary, to a maximum of $2,000,000, on a guaranteed issue basis.
  • Requests for coverage above $2,000,000 are available on a simplified issue basis to the plan maximum of $3,000,000.

For current participants:

  • During annual enrollment only:  You may elect to increase your coverage by 1 times your annual salary on a guaranteed issue basis, up to a maximum of $2,000,000.  You may apply for higher amounts of coverage, up to 8 times your annual salary and to the plan maximum of $3,000,000, on a simplified issue basis by completing a Statement of Health.
  • Increases can be applied for anytime throughout the year and will be effective the first of the month following underwriting approval.  Any increase that results in coverage amount over $2,000,000 will require a blood test.

You may apply for additional coverage above your eligible guaranteed issue amount, on a simplified underwriting basis.  The maximum coverage offered is up to 8 times your annual salary to a maximum of $3,000,000. Any application for coverage up to $500,000 above the guaranteed issue amount you are eligible to receive will require simplified underwriting. This process can be completed and submitted to MetLife online by connecting through the County portal at www.mylacountybenefits.com or directly at https://mybenefits.metlife.com.   Any application for coverage greater than $500,000 above your guaranteed issue amount will also require a blood test.4 This opportunity will exist not only during annual enrollment, but also during the program year.

If a life event occurs (such as marriage, divorce, birth, adoption or a family death) you may increase the amount of life insurance coverage you have elected by 1 times your annual salary without needing to provide medical information for approval. You may also change the amount of Dependent Coverage you have elected. You must apply for this increase within 90 days of the date of the life event and your coverage change will become effective on the first day of the month following the date on which premiums are paid. To determine if the life event qualifies, and to apply for an increase, contact a MetLife Group Variable Universal Life (GVUL) Specialist at 800-756-0124. If you have not had a life event but would like to apply for an increase in coverage, you can apply by clicking on the MetLife GVUL link found on the Web enrollment system at www.mylacountybenefits.com. You will be asked to complete a Statement of Health to determine if your increase request can be approved4

Yes, the program remains the same. However, the amount of life insurance you can purchase has been increased to include up 2 times your annual salary if you choose the 50% option and up to 4 times your annual salary if you choose the 25% option. (See Annual Benefits Enrollment Guide for details.) 

Your life insurance amount will automatically be reduced to the allowable maximum.

Monthly premium rates are included in the life insurance section of the Annual Benefits Enrollment Guide. You may also view the premiums for your current and any additional coverage amounts on the MetLife GVUL Web site.

Yes. The cost of insurance for your coverage will increase each year based on your age as of January 1st. In addition, your premium may change because of salary and/or elected coverage changes throughout the year. 

Yes, you may elect life insurance coverage for your Spouse/Domestic Partner and Dependent Children.  This is a Family Rider that you may choose to add to your policy.

You will have the opportunity to enroll on-line during annual enrollment. The GVUL website can be accessed by clicking on the MetLife GVUL link found on your home page at www.mylacountybenefits.com. You may also enroll directly at https://mybenefits.metlife.com.  You may also request a paper enrollment kit by calling a GVUL Enrollment Specialist at (800) 756-0124.