Life Insurance

MetLife offers a variety of group life insurance solutions to meet you and your workforce’s evolving needs.

• Supplemental Life: Allows employees to increase their coverage to meet their individual needs at no cost to employers.
• Dependent Life: Offers additional coverage for spouses, domestic partners, and eligible children, creating even more value for your benefit program with no additional cost to employers.
• Voluntary Retiree Life: Designed specifically for new retirees, providing coverage to meet their changing needs and driving employee loyalty at no cost to employers.

Group Accidental Death and Dismemberment insurance 

MetLife's suite of AD&D solutions include:

• Basic Accidental Death & Dismemberment (AD&D):  Employer-paid coverage that provides an accidental death benefit equal to an employee's basic term life insurance amount.
• Supplemental AD&D: Employee-paid coverage that complements the value of Supplemental Term Life with added coverage, a percentage of the death benefit amount is payable in the event of non-fatal covered losses.
• Dependent AD&D: Employee-paid coverage that provides spouses and dependents with a benefit equal to the Dependent Term Life benefit amount.
• Voluntary AD&D: Employee-paid benefit that is offered as a stand-alone coverage to employees, spouses and dependent children — available regardless of enrolling in life insurance.
• Business Travel Accident (BTA): Employer-paid coverage that includes an additional benefit for covered accidents resulting in death or serious injury for employees who are traveling on company business, both domestically and internationally.

Group Variable Universal Life (GVUL): Combines life insurance protection with tax-advantaged² investment options that enable employees to grow their savings for future financial security.

Group Universal Life (GUL): A single policy that offers two features: life insurance protection along with a tax-advantaged saving option that allows employees to save for their future.³

These coverages:

• Supplement a 401(k) or other qualified savings plans
• Provide access to cash value before age 59 1/2, without penalty or surrender charges⁴
• Offer an option to include Accidental Death & Dismemberment coverage

Whole Life Insurance: A perfect complement to your employee's term life offering with no benefit cost to you. Together group term and whole life policy can help replace income during working years. Where group term life provides coverage through the end of working years, whole life continues to address post-retirement needs.

With our life insurance coverage, your employees may have access to a variety of tools and resources to help support them as they navigate life changes.

Planning: Helping employees plan for their family needs

• Funeral Discounts & Planning Services⁵: Helping to alleviate the burden of making funeral arrangements for loved ones. Access to the largest network of funeral homes and cemeteries to pre-plan with a counselor and receive discounts on funeral services.
• Estate Planning Services^{6, 7}: Offering unlimited access to create and execute key estate planning documents online by answering a few simple questions with Digital Estate Planning, or unlimited face-to-face access with a MetLife Legal Plans’ attorney to prepare or update a will, living will, Power of Attorney and other estate documents with Will Preparation Services.
• Retirement Planning⁸: Retiring with confidence. Access to workshops that offer comprehensive retirement and financial education to help plan for the future, through our Retirewise program.
• Health and Wellness Library⁹: Helping educate, raise awareness, and empower employees to make informed decisions about their health and well-being.

With our life insurance coverage, your employees may have access to a variety of tools and resources to help support them as they navigate life changes.

Assisting: Providing assistance through life’s changes

• Transition Solutions⁸: Having assistance when moving on from a company. Help with time-sensitive benefit and financial decisions so they can make the right choices during employment transitions.
• Portability¹⁰ : Helping to prevent gaps in coverage. Employee may take life insurance benefits with them at competitive group rates¹¹.
• Employee Assistance Program¹²: Getting help when it's needed most. Confidential, professional guidance and counseling services for behavioral, health and life issues.
• Travel Assistance¹³ : Protection when traveling. Access to medical, travel, and concierge services - 24 hours a day, 365 days a year when traveling internationally or domestically.

With our life insurance coverage, your employees may have access to a variety of tools and resources to help support them as they navigate life changes.

Supporting: Offering compassionate support through difficult times

• Grief Counseling¹⁴ :Accessing professional support in a time of need. Meet in-person or by phone with a licensed counselor to help cope with a loss or major life change. For New York plans, this service is limited to beneficiaries.
• Funeral Assistance¹⁴ : Honoring a loved one’s life. Work with compassionate counselors that assist with customizing funeral arrangements with personalized one-on-one service. Not available for New York plans.
• Beneficiary Claim Assistance⁸: Making the claims process easy. Beneficiaries get guidance from experts as they work through their options and financial needs with our Delivering the Promise services.
• Estate Resolution Services¹⁵: Settling an estate with confidence. Providing unlimited consultations, either in person with an attorney or by phone, including court representations, providing confidence you've made the right decisions.
• Total Control Account¹⁶: Reducing the pressure of immediate financial decisions, beneficiaries can take their time to make the right decision with full and immediate access to policy funds while earning a competitive guaranteed minimum interest rate.
• Empathy¹⁷: Beneficiary support and guidance beyond the life claim. Empathy provides tools and resources to help a beneficiary manage grief due to their loss, provide guidance on probating and settling an estate, assist with closing accounts (e.g., financial, and social media), provide home clearing resources, and more. Beneficiaries can choose to get the support they need online through the Empathy app or web portal, by speaking with a dedicated Empathy Care Manager, or by using a combination of both options. Not available in NY.