American general life insurance. Group Life Insurance Products, MetLife

Employees pay a level premium until the age of 65 or for 20 years if the policy is purchased at age 46 or later, after which the policy becomes fully paid with no premiums due. Group life insurance.

Accelerated Death Benefit for Chronic Illness Rider pays 92% of death benefit (less a $150 administration fee, $100 in Florida) if an insured becomes permanently chronically ill, meaning the insured is severely cognitively impaired, such as Alzheimer’s, or is unable to perform two of six Activities of Daily Living, such as bathing, continence, or dressing. Conditions and restrictions may apply. Any outstanding loans will reduce the cash value and death benefit. This rider is not available in California and New York. (Policy form series ULABR-CI-14 or ICC14-ULABR-CI-14)

Waiver of Premium Benefit Rider waives the premium after 6 months of the insured’s total disability and waiver benefits continue until the earlier of the end of the disability or at age 65. Applies to insureds between issue ages of 17 and 59. Waiver of Premium is not available in California and New York. Policy form series ULCL-WP-07 or ICC07-ULCL-WP-07 and Policy form series ULCL-ABB-07 or ICC07-ULCL-ABB-07

Accidental Death Benefit Rider doubles the insurance proceeds payable when death occurs prior to age 65 as a result of accidental bodily injury. Applies to insureds between issue ages of 17 and 59.

Coverage can never be cancelled, as long as the insured pays the level premiums when due.

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To the maturity age specified in the certificate. In some program designs, if the employer replaces MetLife GUL or GVUL with another group life insurance plan or otherwise terminates the MetLife group contract, employees’ coverage may also be terminated, even after separation from employment or retirement.

Withdrawals reduce the death benefit and cash value and thereby diminish the ability of the cash value to serve as a source of funding for cost of insurance charges, which increase as you age. In general, if the funding of a certificate exceeds certain limits, it will become a "modified endowment contract" (MEC) and become subject to "earnings first" taxation on withdrawals and loans. An additional 10% penalty for withdrawals and loans taken before age 59½ will also generally apply. We will notify certificate holders if a contribution would cause their certificate to become an MEC. Withdrawals are subject to an administrative fee of 2% of the amount withdrawn, not to exceed $25.

Like most insurance policies and benefit programs, insurance policies and benefit programs offered by Metropolitan Life Insurance Company and its affiliates contain certain exclusions, exceptions, waiting periods, reductions of benefits, limitations and terms for keeping them in force. Please contact MetLife for complete details.

All Group Life features and AD&D enhancements are not available for all solutions. Please refer to the product specific Cost and Benefit Summary for additional costs, if any, and the availability of features and enhancements, or contact your MetLife representative for more information.

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Group Variable Universal Life insurance (GVUL) is issued by Metropolitan Life Insurance Company (MLIC), New York, NY 10166, and distributed by MetLife Investors Distribution Company (MLIDC) (member FINRA). MLIC and MLIDC are MetLife companies.

Group Universal Life (GUL) is issued by Metropolitan Life Insurance Company, New York, NY 10166.

Optional Term Life, Dependent Life and AD&D coverage are provided under a group insurance policy (Policy Form GPNP99) issued to your employer by MetLife.

Group Variable Universal Life (GVUL) is sold by prospectus only. Prospectuses for GVUL and its underlying portfolios can be obtained by calling (800) 756-0124. You should carefully read and consider the information in the prospectuses regarding the contract’s features, risks, charges and expenses (including a 2.25% premium expense charge), as well as, the investment objectives, risks, policies and other information regarding the underlying portfolios prior to making any purchase or investment decisions. Product availability and features may vary by state. All product guarantees are subject to the financial strength and claims-paying ability of Metropolitan Life Insurance Company.

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Group Variable Universal Life insurance has limitations. There is no guarantee that any of the variable options in this product will meet their stated goals or objectives. The amounts allocated to the variable investment options of your account balance are subject to market fluctuations so that, when withdrawn or surrendered it may be worth more or less than its original value.

Any discussion of taxes is for general informational purposes only and does not purport to be complete or cover every situation. MetLife, its agents and representatives may not give legal, tax or accounting advice and this presentation should not be construed as such. Employees should confer with their qualified legal, tax and accounting advisors as appropriate.

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