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Protect your family’s financial security and start building savings today.

MetLife’s Group Variable Universal Life (GVUL) insurance is a single policy with two
benefits — life insurance and an investment feature.

  • Permanent – protect your family while saving for the future.3
  • Portable – take it with you if you change jobs or retire.3
  • Easy – invest via payroll deduction and/ or a lump-sum contribution at any time during the year.
  • Accessible – obtain your cash value at any time through loans and withdrawals with no surrender charges or tax penalties.4
  • Tax-advantaged – all potential earnings on your investment can be withdrawn tax-free under certain conditions.4
  • Tax-free withdrawals – if your total cash value does not exceed the total cost basis, your entire withdrawal is tax-free.4
  • Customizable – allocate additional investment dollars into a wide spectrum of nationally recognized investment fund options – including stocks and bonds, money market funds5 as well as an interest-bearing account with a minimum guaranteed rate of return.6

To speak with a GVUL Benefits Specialist, call 866-939-7409,
Monday - Friday, 8:00 am - 8:00 pm ET

Learn more about the investment feature

One policy, two benefits

Life insurance with an investment option can help you maintain your family’s financial security in the future and in the present.

To speak with a GVUL Benefits Specialist, call 866-939-7409,
Monday - Friday, 8:00 am - 8:00 pm ET

Tax-Deferred1 Investment Feature

Tax-deferred gains can grow faster than taxable gains.

FAQs

Your existing company provided coverage will remain.

Your existing company provided coverage will remain under Group Term.

Yes, active pilots can increase coverage during OE with evidence of insurability (EOI) up to the maximum coverage amount available.

No, either all your employer provided coverage will be in Group Term or all coverage above $50,000 will be in GVUL.

No, GVUL coverage changes can only occur during open enrollment.

Yes, active pilots can move all company provided coverage to Group Term during open enrollment upon completion of a GVUL surrender form.

Yes. After consultation with an independent tax advisor, you may wish to transfer any accumulated cash value and/or cost basis from another permanent life insurance certificate into your MetLife GVUL certificate. This can be accomplished via a 1035 Exchange (named after the section of the Internal Revenue Code which provides for the exchange to be tax-free), which transfers the value of the existing life insurance certificate into your MetLife certificate.

Yes, you can continue your coverage under the portability option if you leave your company or retire.

To speak with a GVUL Benefits Specialist, call 866-939-7409,
Monday - Friday, 8:00 am - 8:00 pm ET