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MetLife Product Sunset


Effective February 3, 2017, MetLife will sunset the following products:

  • Promise Whole Life

  • Promise Whole Life 120

  • Promise Whole Life Select 10

  • Promise Whole Life Select 20

  • Promise Whole Life Select 65

  • Guaranteed Level Term (face amounts less than $1M only)

  • Secure Flex Universal Life

  • Provider Universal Life

  • Legacy Advantage Survivorship Universal Life

  • Equity Advantage Variable Universal Life

Key dates for this product sunset are as follows:

February 3, 2017

Applications must be received in good order at the Home Office by this date.

March 3, 2017

Applications for term conversions that do NOT require underwriting must be received in good order at the Home Office by this date. The February 3, 2017 application deadline applies to term conversions that do require underwriting.

April 28, 2017

Issue deadline.

May 26, 2017

Payment deadline.

Brighthouse Financial will offer the following life insurance products: Following the separation of U.S. Retail, Brighthouse Financial will make the following life insurance products available for sale. These products will not differ from the current MetLife versions as of the date of separation:

  • Premier Accumulator Universal Life

  • Guaranteed Level Term (minimum face amount will equal $1M)

  • One Year Term


 
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This material does not constitute tax or legal advice, and neither Rushing Financial Group nor any of its agents, employees or registered representatives are in the business of offering such advice. It was written to support the marketing of the transactions or topics it addresses.  Anyone interested in these transactions or topics should seek advice based on his or her particular circumstances from independent professional advisors.

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(303) 797-9080.  Rushing Financial Group is not affiliated with The Leaders Group, Inc.

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