METLIFE'S NEW PRODUCT FLIPS THE SCRIPT ON TRADITIONAL LIFE INSURANCE

METLIFE'S NEW PRODUCT FLIPS THE SCRIPT ON TRADITIONAL LIFE INSURANCE CHARLOTTE, NC, June 01, 2015 MetLife today announced the launch of its new Premier Accumulator Universal LifeSM (PAUL) product. Designed to offer increased flexibility, the new option provides both death benefit protection and access to high early cash value accumulation to help policyholders meet a variety of financial goals.

Clients, including small business owners, who choose PAUL, can enjoy several benefits including:

Access to more cash value, faster than traditional life insurance policies. Clients have the potential to access most or all of what they put into the policy within the first few years, providing outstanding liquidity and options to help meet changing needs.1, 2

Competitive cash value accumulation that can be used to help meet financial goals, including supplementing retirement income.

A non-correlated asset that removes the direct impact of market fluctuations from the client's life insurance policy by growing policy values through interest crediting rates less deductions for charges.

Low surrender charges mean that clients will not face a severe financial penalty if they decide the policy no longer fits into their financial strategy.

Enhanced Rate Plus, a new underwriting process for eligible clients that can reduce the time typically required for an underwriting decision to only a few days; eliminate the need for paramedical exams and lab work; and can boost a qualifying client's rating class, resulting in better premiums.3

PAUL also offers financial professionals the potential to earn compensation through an asset trail based on the cash value, which differs from traditional life insurance products, making it one of the few with this structure in the life insurance industry. While many life products provide most compensation upfront, PAUL is different in that it's designed to potentially pay financial professionals more over the life of the policy.

PAUL was designed with our clients' needs in mind, delivering the protection they want along with more cash value in the earlier years than traditional life insurance policies, said Gene Lunman, executive vice president of MetLife Retail Life & Disability Insurance. With PAUL, we're giving our clients the potential to access most or all of what they put into their policy, within the first few policy years, providing them with significant flexibility as their needs change. This new product further emphasizes MetLife's commitment to offering competitive solutions to our clients who are seeking protection now, and in the future.

To learn more about MetLife's full spectrum of life insurance options, including PAUL, please click here.

LINK:	https://www.metlife.com/content/metlife/us/homepage/about-us/newsroom/...
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