Life Insurance

Life Insurance

With MetLife by your side, you can help your employees protect their family should the worst happen while balancing your own costs.

Being underinsured can result in a devastating impact to the financial wellbeing of an employee’s family. We offer the broadest range of group life insurance products, plus an unmatched suite of additional supplementary services, helping you provide financial security and meeting the needs of a diverse workforce.

Our Products

Term Life Insurance

MetLife offers a variety of group life insurance solutions that help balance costs with employee needs.

Accidental Death and Dismemberment

Supplementary to term life coverage, AD&D insurance provides enhanced coverage for unexpected events.

Permanent Life Insurance

Portable, permanent life insurance protection with an opportunity to build cash value to help employees prepare for whatever life brings.1

Group life insurance helps your employees’ quality of life and ensures their loved ones and beneficiaries are protected. As one of the most important benefits you can offer to your employees, MetLife offers a suite of solutions that will fit the needs of your workforce.

Employer-paid foundational protection that helps meet a portion of a family’s income needs in the event of a premature death.

  • Supplemental Life: Allows employees to increase their coverage to meet their individual needs at no cost to employers.
  • Dependent Life: Offers additional coverage for spouses, domestic partners, and eligible children, creating even more value for your benefit program with no additional cost to employers.
  • Voluntary Retiree Life: Designed specifically for new retirees, providing coverage to meet their changing needs and driving employee loyalty at no cost to employers.

Group Accidental Death and Dismemberment insurance is a low-cost way to pay for a covered accident that results in a loss of life, speech, hearing or sight, paralysis and other losses, offering employees more ways to protect themselves and their loved ones.

MetLife's suite of AD&D solutions include:

  • Basic Accidental Death & Dismemberment (AD&D): Employer-paid coverage that provides an accidental death benefit equal to an employee's basic term life insurance amount.
  • Supplemental AD&D: Employee-paid coverage that complements the value of Supplemental Term Life with added coverage, a percentage of the death benefit amount is payable in the event of non-fatal covered losses.
  • Dependent AD&D: Employee-paid coverage that provides spouses and dependents with a benefit equal to the Dependent Term Life benefit amount.
  • Voluntary AD&D: Employee-paid benefit that is offered as a stand-alone coverage to employees, spouses and dependent children — available regardless of enrolling in life insurance.
  • Business Travel Accident (BTA): Employer-paid coverage that includes an additional benefit for covered accidents resulting in death or serious injury for employees who are traveling on company business, both domestically and internationally.

Group Variable Universal Life (GVUL): Combines life insurance protection with tax-advantaged investment options that enable employees to grow their savings for future financial security.

Group Universal Life (GUL): A single policy that offers two features: life insurance protection along with a tax-advantaged saving option that allows employees to save for their future.

These coverages:

  • Supplement a 401(k) or other qualified savings plans
  • Provide access to cash value before age 59, without penalty or surrender charges3
  • Offer an option to include Accidental Death & Dismemberment coverage

Whole Life Insurance: A perfect compliment to your employee's term life offering with no benefit cost to you.

Executive Benefits

Build an executive benefits plan that attracts top executives and helps them achieve their financial goals.

Build a solid foundation for a thriving workforce*

72
%

Of employees say that the safety and protection of themselves and their family is more important now than ever before.

86
%

Of employees say finances are a top source of stress for them now and in the future.

Workforce Dynamics are Shifting

MetLife’s 20th Annual U.S. Employee Benefits Trends Study shows how employer-employee relationships have changed. See what’s transformative today.

MetLife Advantages℠

MetLife Advantages helps your employees and their beneficiaries prepare for the future and supports them through difficult times.

Info for employees

Discover life insurance options and resources for employees.