Term Life Basics
1 30 year term is not available in Washington
2 Policies are convertible until the earlier of the end of the initial term period or the policy anniversary at attained age 70. For issue age 65 and over, the policy is convertible for 5 years.
3 Withdrawals and loans from life insurance reduce the policy cash value and death benefit. Loans are subject to interest, which if not paid, increases the loan amount. Cash value accumulation may not be guaranteed. Investments in variable life insurance are subject to market risk including loss of principal.
4 If you receive benefits under this rider, the policy can only be converted to whole life.
5 Term Conversion Plus is available in most states. Additional terms and conditions apply. Contact a Financial Representative for full details.
Like most insurance policies and annuity contracts, MetLife's policies and contracts contain withdrawal charges, limitations, exclusions, holding periods, termination provisions, and terms for keeping them in force. Contact your Financial Representative for complete costs and details.
Guarantee Advantage Universal Life is issued by MetLife Investors USA Insurance Company on Policy Form Series 5E-34-07 and in New York, only by Metropolitan Life Insurance Company on Policy Form Series 1E-34-07-NY. Equity Advantage Variable Universal Life is issued by MetLife Investors USA Insurance Company on Policy Form Series 5E-46-06 and in New York only by Metropolitan Life Insurance Company on Policy Form Series 1E-46-06-NY-1. MetLife Promise Whole Life is issued by MetLife Investors USA Insurance Company on Policy Form 5E-12-10 and in New York only by Metropolitan Life Insurance Company on Policy Form 1E-12-10-NY. Guaranteed Level Term is issued by MetLife Investors USA Insurance Company on Policy Form Series 5E-21-04 and in New York, only by First MetLife Investors Insurance Company on Policy Form Series 5E-21-04-NY. All are MetLife companies. All guarantees are based on the claims-paying ability and financial strength of the issuing insurance company. Variable products are distributed by MetLife Investors Distribution Company, 5 Park Plaza, Suite 1900, Irvine, CA 92614. Variable products are offered through MetLife Securities, Inc. and New England Securities Corporation; both at 1095 Avenue of the Americas, New York, NY 10036 (member FINRA/SIPC). March 2011
Term Life Insurance provides a cost-effective solution for your temporary life insurance needs and gives you the flexibility to change your policy should your temporary needs turn into permanent goals.
Term Life Insurance is right for you if you want:
- An affordable way to get maximum coverage
- To cover specific financial responsibilities like a mortgage or college expenses
- To supplement your Permanent Life Insurance during periods when coverage needs are higher, such as family-growing, mortgage-paying years
Some things to consider about Term Life Insurance:
- There is no cash value accumulation
- Continuing your coverage after the initial level premium-paying term expires can be very expensive
