Group Universal Life Insurance
Life insurance pays your beneficiary in the event of your death.
Life has changed, the need to protect your family hasn't
You can get cost-effective life insurance coverage to protect those you care about most and the life you’re building for them today.
Enrollment
UUP members have the opportunity to enroll in Group Universal Life Insurance at any time during the year.
Group Universal Life Insurance: One policy, two benefits
Group Universal Life combines valuable life insurance protection with an optional savings feature. In one policy, you can provide financial protection for your loved ones in the event of your death and build cash savings that you can use during your lifetime such as – child’s education, buying a home or living comfortably in retirement.
Life Insurance is an essential part of an overall financial plan.
- 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.
- Includes a tax-deferred savings feature for added flexibility so you can use your money when and how you see fit.2
MetLife Group Universal Life Insurance (member paid) options includes :
- Member coverage: $25,000 - $1,200,000 in $25,000 increments is available with an online Statement of Health3.
- Spouse/Domestic Partner coverage: $10,000 - $50,000 in $10,000 increments is available with Statement of Health3 (available as a term rider to the member’s coverage).
- Dependent Child coverage: $5,000 or $10,000 coverage (available on a guaranteed issue basis and as a term rider to the member’s coverage).
PlanDetails
Life has changed, but the need to protect and provide for loved ones has not.
Life Insurance FAQs
While having life insurance provided by your employer is a great benefit, it’s possible that it may not be enough to adequately provide for your family. Additional life insurance can give your family greater financial security if you are no longer here to earn a paycheck.
Everyone is different, but you may need more than you have now. The insurance you need changes as your life changes — for example, getting married, starting a family or buying a home might change the coverage you need. Many people are surprised to learn that they don’t have enough life insurance to cover the many expenses their loved ones may face. It’s simple to determine the amount of coverage you need now:
Go to www.metlifeiseasier.com to calculate how much life insurance may be right for you.
It may be less expensive than you think. 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 provided by your employer.
Premiums are conveniently paid through direct bill invoice which is sent to your home.
- You get competitive group rates and a wide range of coverage options to choose from.
- Proceeds are generally income tax free and can be paid to your beneficiary in a lump-sum payment.
How much Life insurance should you have?
MetLife Advantages℠
Group Universal Life insurance includes access to MetLife Advantages℠—a comprehensive suite of valuable services for support, planning and protection when you need it most at no cost to you.
Estate Planning Services4: Offering unlimited access to create and execute key estate planning documents online by answering a few simple questions, 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.
Digital Estate Planning Services4 – Offers unlimited access to create and execute key estate planning documents online by answering a few simple questions, 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.
Beneficiary Grief Counseling6 – Personalized counseling sessions to meet your beneficiary’s needs. Any beneficiary who receives the life insurance proceeds is eligible for up to 5 counseling sessions. These sessions can be in person or by phone with one of LifeWorks’ network of counselors who provide professional, confidential support during difficult times.
Protect What Matters Most
Life insurance can help your family cover future day-to-day needs and long-term expenses.
Enroll Today
Enroll now1 To the maturity age specified in the certificate.
2 The current crediting rate on the interest-bearing account is subject to change without notice but will not fall below the guaranteed minimum in your certificate. Guarantees are subject to the financial strength and claims-paying ability of Metropolitan Life Insurance Company.
3 MetLife will review your information and evaluate your request for coverage based upon your answers to the health questions, MetLife’s underwriting rules and other information you authorize us to review. In certain cases, MetLife may request additional information to evaluate your request for coverage.
4 Will Preparation Services are offered by MetLife Legal Plans, Inc., Cleveland, Ohio. In certain states, legal services benefits are provided through insurance coverage underwritten by Metropolitan General Insurance Company, Warwick, Rhode Island. In New York, the Will Preparation service is an expanded offering that includes office consultations and telephone advice for certain other legal matters beyond Will Preparation.
5 Digital Estate Planning is not available for customers located in GU, PR and VI. It is not included with dependent life coverages or certain GUL/GVUL policies. Domestic Partnerships are not currently supported however members in a domestic partnership may use a MetLife Legal Plans attorney for their planning needs. Online Notary is not available in all states. If you are unable to access the legalplans.com/estateplanning website, you can find a network attorney by calling MetLife Legal Plans at 1-800-821-6400, Monday through Friday, 8am-8pm EST. You will need to provide your company name, customer number and the last 4 digits of the policyholder's social security number. Group legal plans are provided by MetLife Legal Plans, Inc., Cleveland, OH. In certain states, group legal plans are provided through insurance coverage underwritten by Metropolitan Property and Casualty Insurance Company and Affiliates, Warwick, RI.
6 Beneficiary Grief Counseling services are provided through an agreement with LifeWorks. US Inc. LifeWorks is not an affiliate of MetLife, and the services LifeWorks provides are separate and apart from the insurance provided by MetLife. LifeWorks has a nationwide network of over 30,000 counselors. Counselors have master’s or doctoral degrees and are licensed professionals. This program is available only to beneficiaries of MetLife group Life Insurance programs. Events that may result in a loss are not covered under this program unless and until such loss has occurred.
Like most group insurance policies, insurance policies offered by MetLife contain certain exclusions, exceptions, waiting periods, reductions, limitations and terms for keeping them in force. Please contact your benefits administrator or your MetLife Group Representative for costs and complete details.
The MetLife Group Universal Life Plan (GUL Plan) is a United University Professions (UUP) Member Services Trust-endorsed program. The Member Services Trust receives an amount equal to ten percent (10%) of the Cost of Insurance received by MetLife with respect to the GUL Plan to defray the costs of administering the GUL Plan. Member Services reminds you that the benefits provided under the GUL Plan are provided by MetLife and neither UUP nor the Member Benefits Trust is responsible or liable for any of the benefits or services you receive or claim thereunder. Please contact Member Services at 800-342-4206 if You experience a problem with any endorsed program.
Group Universal Life (GUL) is issued by Metropolitan Life Insurance Company, New York, NY 10166. Certificate # G.9704(2009)
Nothing in these materials is intended to be advice for a particular situation or individual. Like most group insurance policies, MetLife GUL contains certain exclusions, limitations and terms for keeping them in force. For additional information, please contact an Enrollment GUL Specialist at (800) 756-0124 Monday through Friday, 8:00 a.m. to 8:00 p.m. (ET)