Does MetLife Still Sell Life Insurance?
Yes, MetLife continues to offer a wide range of life insurance products. The company provides term, whole, universal, and indexed policies, as well as group coverage for employers and organizations. Applicants can apply online, through agents, or via financial advisors. Below is a detailed look at the current offerings, eligibility, and how to get started.
- Does MetLife Still Sell Life Insurance?
- MetLife's Current Life Insurance Offerings
- Term Life Insurance
- Whole Life Insurance
- Universal Life Insurance
- Indexed Universal Life
- Group Life Insurance
- Additional Riders and Benefits
- How to Apply for MetLife Life Insurance
- Online Application
- Agent or Broker Assistance
- Underwriting Process
- Eligibility and Pricing Factors
- Comparison with Other Major Insurers
- Why Choose MetLife?
- Key Takeaways
More from this site
Keep reading the latest coverage
MetLife's Current Life Insurance Offerings
Term Life Insurance
Term policies provide coverage for a set period—commonly 10, 20, or 30 years—at a fixed premium. They are ideal for temporary needs like mortgages or child education funds.
Whole Life Insurance
Whole life plans offer lifelong coverage with a cash‑value component that grows tax‑deferred. Premiums stay level, and policyholders can borrow against the cash value.
Universal Life Insurance
Universal life combines flexibility in premiums and death benefits with a savings component tied to interest rates. Policyholders can adjust coverage within limits.
Indexed Universal Life
Indexed policies link the cash value to a stock market index, offering potential higher growth while protecting against market downturns.
Group Life Insurance
MetLife partners with employers to provide group term policies, often with lower costs and simplified underwriting.
Additional Riders and Benefits
Policyholders can add riders such as accelerated death benefit, disability waiver, or critical illness coverage to tailor protection to personal needs.
How to Apply for MetLife Life Insurance
Online Application
Visit MetLife's website, choose a policy type, and complete the questionnaire. The process typically takes 15–30 minutes.
Agent or Broker Assistance
Licensed agents can guide you through underwriting, compare rates, and help select riders. They may also offer bundled discounts.
Underwriting Process
Underwriting may involve a medical exam, health questionnaire, and review of financial documents. Eligibility depends on age, health status, and policy amount.
Eligibility and Pricing Factors
Key factors influencing coverage and cost include:
- Age at application
- Gender and family health history
- Occupation and lifestyle (smoking, alcohol)
- Desired coverage amount and term
Comparison with Other Major Insurers
Below is a quick snapshot comparing MetLife's term policies with two other leading insurers.
| Attribute | MetLife Term | State Farm Term | Northwestern Mutual Term |
|---|---|---|---|
| Premium Rate (per $100k) | $0.50–$0.75 | $0.55–$0.80 | $0.60–$0.85 |
| Term Options | 10, 20, 30 years | 10, 20, 30 years | 10, 20, 30 years |
| Cash Value | No (Term only) | No (Term only) | No (Term only) |
Why Choose MetLife?
MetLife's long-standing reputation, robust financial strength (A+ rating by A.M. Best), and extensive agent network make it a reliable choice. The company also offers digital tools for policy management and claims.
Key Takeaways
MetLife is actively selling life insurance across multiple product lines. Whether you need a simple term policy or a lifelong plan with cash value, MetLife provides options. Applications can be completed online or through agents, with underwriting tailored to individual health and financial profiles.