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MetLife Group Universal Life (GUL) combines permanent life insurance protection with a tax-deferred cash-value feature. Eligible participants may pay additional premiums above the cost of insurance into an interest-bearing fixed account. The coverage and cash value are governed by the applicable group policy and certificate. The maturity age, continuation provisions, charges and available benefits depend on the specific program. This is an employer-sponsored group offering, not a universally available individual retail policy.
Permanent life protection with flexible additional premiums and cash-value access, subject to policy terms.
Group Universal Life may suit eligible employees looking for life protection that can build cash value over time. Its flexibility can be useful, but the policy should be evaluated carefully for cost-of-insurance charges, premium expenses, cash-value projections, maturity provisions and continuation rights. Loans and withdrawals reduce policy value and may reduce the death benefit. Tax treatment depends on the contract and the participant's circumstances. Review the employer's certificate and current program materials before making a decision.
MetLife
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Founded
1868
MetLife was established 158 years ago and has built strong credibility over time, backed by its long-standing presence in the market.
Claims Experience
99.81% CSR, calculated as a 3-year average
MetLife settles 99.81% of all claims it receives, demonstrating strong credibility.
Contact Details
1-800-638-5433
Headquarters: 200 Park Avenue, New York, NY 10166, United States
Provides life insurance protection up to the maturity age specified in the applicable certificate, while the coverage remains in force.
Maturity age and continuation conditions depend on the certificate and group program.
The policy includes a cash-value feature that can accumulate under the contract terms.
Actual values depend on premiums, charges, credited interest and policy performance.
Additional premiums may be allocated to an interest-bearing fixed account with a guaranteed minimum interest rate specified in the certificate.
The current credited rate can change. Guarantees depend on the insurer's claims-paying ability.
Participants may have the option to start, stop or change additional premium payments, or make a lump-sum payment, subject to policy rules.
Required charges and cost-of-insurance deductions still apply.
Eligible participants may borrow against available cash value under the contract terms.
Outstanding loans and interest can reduce cash value and the death benefit.
MetLife states that an option to include AD&D coverage may be available with Group Universal Life programs.
Availability, covered events, benefit amounts and cost depend on the employer plan and applicable certificate.
Conditions or treatments that the policy clearly says it will not cover.
Insurer
MetLife plans and claim process
It is an employer-sponsored group life insurance product that combines permanent life protection with a cash-value feature, subject to the applicable certificate.
No. Group Universal Life includes a cash-value feature and is designed as permanent life coverage up to the maturity age specified in the certificate. Term life generally provides protection for a defined period without the same cash-value structure.
The product is presented as an employer-sponsored group offering. Contact your employer or benefits administrator to confirm eligibility.
Disclaimer: Premium amounts are indicative and may vary based on age, health, and plan selected. Ratings and figures are based on publicly available company disclosures and state insurance department filings. Finzony is not an insurance broker or agent. Verify all details on the official MetLife website before purchasing.
Official Website
metlife.com
Visit the official MetLife website for plan brochures, premium quotes and policy services.
The aforementioned ratios have been averaged over three years (FY24-FY26)
Yes, it includes a cash-value feature. Actual values depend on premiums, charges, credited interest and the policy terms.
The official product description says participants may have flexibility to add premiums above the cost of insurance, subject to program and policy rules.
Eligible participants may access cash value through loans, subject to contract terms. Loans and interest can reduce the cash value and death benefit.
Withdrawals may be available under the policy terms. Fees, reductions in benefits and potential tax consequences can apply.
Some program designs allow continuation after retirement or a job change, but this is not guaranteed in every case. Check the certificate and continuation provisions.
The fixed account has a guaranteed minimum interest rate specified in the certificate, but the current credited rate may change.
Loans and withdrawals can reduce cash value and the death benefit. Outstanding loans may also affect policy outcomes if coverage lapses or ends.
The premium depends on the employer program, coverage amount, age and other applicable factors. Ask the benefits administrator for a current quote.
No separate optional rider has been confirmed from the reviewed official product page. Any rider or supplementary benefit should be added only after verifying the applicable certificate or employer program.