Does MetLife still sell life insurance?

Information for Our Customers. MetLife no longer sells new life insurance policies, long-term care insurance, disability insurance policies, or annuities to individuals through agents. We continue to enroll eligible employees in existing employer-sponsored retirement plans with or without an agent.

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What is MetLife basic life insurance?

This benefit includes matching Accidental Death and Dismemberment (AD&D) coverage. You receive this benefit at no cost. $3,000 in term life insurance to eligible employees ages 69 and younger; and. $1,500 to eligible employees ages 70 or older.

How do I check my MetLife life insurance policy?

Current life insurance policyholders can visit metlife.com/lifeinsurance to: Access forms. Manage your life insurance policy.

Who took over MetLife life insurance?

MetLife, Inc. (NYSE: MET) today announced the completion of its sale of Metropolitan Property and Casualty Insurance Company and certain wholly-owned subsidiaries to Farmers Group, Inc., a subsidiary of Zurich Insurance Group, for a purchase price of $3.94 billion in cash.

What is the new name for MetLife?

Today, MetLife Insurance Company USA is Brighthouse Life Insurance Company, licensed in 49 states.

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Did MetLife insurance change its name?

MetLife Inc., the New York-based insurer that traces its roots to the 1860s, has come up with a new name for a U.S. retail unit that's slated for separation. The business will be known as Brighthouse Financial once it's broken off from the parent company.

What did MetLife insurance change to?

(NYSE: MET) today announced the completion of its sale of Metropolitan Property and Casualty Insurance Company and certain wholly-owned subsidiaries to Farmers Group, Inc., a subsidiary of Zurich Insurance Group, for a purchase price of $3.94 billion in cash.

What kind of insurance is MetLife?

MetLife was founded in 1868 and is headquartered in New York, New York. The company no longer sells life insurance directly to individuals but instead offers group life insurance through employers. MetLife is the nation's biggest life insurance provider in terms of life insurance in-force.

Is MetLife a life insurance?

MetLife's group life insurance plans are an economical way for you to provide for your family with competitive group rates and a wide range of coverage options to choose from. Exact rates can be found in the enrollment materials.

What is MetLife basic life insurance?

This benefit includes matching Accidental Death and Dismemberment (AD&D) coverage. You receive this benefit at no cost. $3,000 in term life insurance to eligible employees ages 69 and younger; and. $1,500 to eligible employees ages 70 or older.

What is MetLife basic life?

Basic Term Life: Often an employer-paid coverage option that is offered for a set period of time and provides your beneficiaries with crucial financial protection. Supplemental Term Life: An employee-paid coverage option that allows you to purchase additional protection as your needs change over time.

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What does basic life insurance mean?

Share. Basic life insurance is a simple life insurance policy, often offered as part of a benefits package at a company along with group health insurance, paid time off and more. Companies often offer basic life insurance to their employees on a free or very inexpensive basis.

What is the benefit of basic life insurance?

Basic life insurance is a type of group life insurance that is provided to employees at no or very low out-of-pocket cost. Insured individuals can expect that their beneficiaries will receive a limited and predetermined death benefit if the policyholder passes away during the coverage term.

How does a basic life insurance policy work?

Basic life insurance is a type of group life insurance that is provided to employees at no or very low out-of-pocket cost. Insured individuals can expect that their beneficiaries will receive a limited and predetermined death benefit if the policyholder passes away during the coverage term.

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Can I view my MetLife policy online?

Log in or register at online.metlife.com to manage your account.

How do I look up my life insurance policy?

Submit a request to the NAIC Life Insurance Policy Locator Service. The National Association of Insurance Commissioners (NAIC) Life Insurance Policy Locator Service, a free online tool, can assist you in locating life insurance policies.

How do I find out if a life insurance policy is still active?

Your first stop should be the National Association of Insurance Commissioners' life insurance policy locator. With a minimum of information on you and the deceased, the NAIC will perform a free search of insurers to find out if there are any active policies.

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How do I find out how much a life insurance policy is worth?

  1. Call your insurance company or agent. …
  2. Log in to your insurance company's web portal. …
  3. Use the insurance company's online contact form. …
  4. Download your insurance company's mobile application.
Jan 5, 2022

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