Group Universal Life Insurance

This single policy coverage offers both life insurance and savings options, so your financial security is safe both today and tomorrow.

Program Overall Benefits

A single policy with two features — life insurance and savings options, each of which helps allow you to maintain your family’s financial security in the future and in the present.

This policy is permanent, portable, and owned by you, regardless of where you work. 1
The coverage is flexible to fit your needs over time.
Helps secure your financial future by supplementing retirement income.
Can include a tax-deferred savings feature for added flexibility so you can use your money when and how you see fit. 2

For complete details of the best plan for you and your family, talk to your company’s benefits administrator or contact MetLife directly for more information.

NEXT STEPS

Contact your employer for more information.

1 To the maturity age specified in the certificate. In some program designs, if your plan sponsor replaces MetLife GUL 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. Rates may increase if you leave your employer for reasons other than retirement or are no longer eligible under the group and choose to continue your coverage. If you have ported or otherwise continued your coverage 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 Earnings within your GUL coverage grow income tax- free while the policy stays in force. Please consider your investment time horizon, tax rates, and the effect of fees and expenses, including any premium expense, when evaluating the benefit of GUL tax deferral. See your Certificate for complete information. Nothing in these materials is intended to be advice for any particular situation or individual. Like most insurance policies and benefit programs, insurance policies and benefit programs offered by Metropolitan Life Insurance Company and its affiliates contain certain exclusions, exceptions, waiting periods, reductions of benefits, limitations and terms for keeping them in force. Please contact MetLife for complete details. Any discussion of taxes is for general informational purposes only and does not purport to be complete or cover every situation. MetLife, its agents and representatives may not give tax advice and this website should not be construed as such. Please seek advice based on your particular circumstances from a qualified tax advisor. Group Universal Life (GUL) is issued by Metropolitan Life Insurance Company, New York, NY 10166.