Has your life insurance
Has your life insurance
coverage kept pace with
Have you considered how you Are you looking for
How long would you want
coverage kept pace with to provide for means
a tax-advantagedyour
will pay for expenses, goals
your family's expenses, goals
your family's post-retirement
and life events?
medical expenses? family if something
to supplement your
and life events? happened to you?
401(k) contributions?
Life insurance coverage equal to or less than
three years of total household income is
considered ―underinsured‖.*
How long would you want How much considered
Have you life your family
How much wouldinsurance
Understanding Opportunities
Have you considered how Your need it take for your family
to provide for your family would thereplacecost lost
to rising your
you will achieve your
if something shouldUniversal Life power if something
to maintain their lifestyle if
of higher education?
earning
Variable
Group savings goals?
retirement to you?
happen something happened to you?
happened to you?
*As defined in MetLife, Life Insurance—Post-9/11/01 Study, 2002.
Understanding Your Opportunities
Group Variable Universal Life
Ask Yourself...
• How much life insurance would it take for your family to
maintain their lifestyle if something happened to you?
• Has your current life insurance coverage kept pace with
your family's expenses, goals and life events?
Life insurance coverage equal to or less than
three years of total household income is
considered ―underinsured‖.2
2 As defined in MetLife, Life Insurance—Post-9/11/01 Study, 2002.
How Much Coverage?
• Replacement of all current optional term life insurance coverage3
• Guarantee Issue coverage rounded up to the next ½ multiple
• Optional Coverage in ½ multiples to 8 times your salary to a
maximum of $2,000,000
How much life insurance you need is a personal
decision based on your individual cumstances.
Life Insurance Calculator at gvulenroll.metlife.com
3 Upon enrollment into the program.
Ask Yourself...
• Would you like to supplement your 401(k) contributions?
• Are you saving for the rising cost of education?
• Are you planning for post-retirement medical expenses?
By utilizing GVUL’s investment feature, you can
access any cash value that is built up in your
certificate, during your lifetime for expenses such as
education, real estate opportunities, post-retirement
medical programs or early retirement.
Tax-Advantaged Investment Opportunity
17 Variable Investment Portfolios
And an Interest Bearing Account currently paying 5.1% (4%guaranteed)6
• Premium charge: 2.25%
• Average asset charge: 1.52% - will vary depending on
investments selected
6The current crediting rate on the interest-bearing account is subject to change. Guarantees are subject to the
claims-paying ability of Metropolitan Life Insurance Company.
Tax-Advantaged Investment Opportunity
• Potential tax-deferred growth
• No surrender charges
• Tax-free transfers between investment portfolios
• No 59 1/2 early withdrawal penalties —withdrawals will
reduce your cash value and death benefit
• Tax-free withdrawals up to basis7
7In general, if the funding of your 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 591/2 will also generally apply. We will notify you if a
contribution would cause your certificate to become a MEC.
Tax-Advantage of GVUL Premiums
Buying Term Insurance & Buying GVUL &
Investing Elsewhere Investing Within the Program
Premiums For
Separate Premiums For
Term Life
Investment8 GVUL Insurance
Insurance
Coverage Basis =
Coverage Total GVUL
Premiums
Paid
Extra GVUL
Premiums For
Basis = Only Amount of
Money Invested In Separate Investment
Investment
8 Under current law, most tax payers are subject to a lower rate of tax on qualifying dividends and long-term capital
gains than on ordinary income. Taxable distributions from GVUL are subject to ordinary income tax rates.
Tax-Advantage of GVUL Premiums - Example
Age at Issue: 40
End of 25 Years
$500,000 Coverage
Premiums
Paid in Total Premium For GVUL
= $80,000 Insurance Coverage
$50,000 Available
(Basis)
Cash Value
= $80,000
Extra Premium
For Investment
Withdrawals will $30,000
reduce the cash Cash Value
value and the Subject to Tax = $0
death benefit.
The above example is not indicative of any particular investment. These examples do not reflect any charges.
Earnings within your GVUL coverage generally can be withdrawn from your certificate without income tax, as long
as the cash value in your certificate is less than the total premium paid into your certificate at the time of
withdrawal, less any prior withdrawals, and provided that the contract is not a modified endowment contract.
Tax-Advantage of GVUL Premiums - Example
Age at Issue: 40
End of 25 Years
$500,000 Coverage
Premiums
Paid in Total Premium For GVUL Available
= $150,000 Insurance Coverage Cash Value
$50,000 = $250,000
(Basis)
Extra Premium $150,000 of Cash
For Investment Value is Not
Withdrawals will $100,000 Subject to Income Tax
reduce the cash
value and the —Withdrawals
death benefit. exceeding Basis will be
subject to ordinary
income tax
The above example is not indicative of any particular investment. These examples do not reflect any charges.
Earnings within your GVUL coverage generally can be withdrawn from your certificate without income tax, as long
as the cash value in your certificate is less than the total premium paid into your certificate at the time of
withdrawal, less any prior withdrawals, and provided that the contract is not a modified endowment contract.
Tax-Advantage of GVUL Premiums - Example
Age at Issue: 40
End of 25 Years
$500,000 Coverage
Premium For GVUL $150,000 Basis
Insurance Coverage
$150,000 Not Subject To Income Tax
Extra Premium Strategies for Remaining Cash Value Can Include:
for Investment • Loan Provisions
• Payment of Future Premiums
Available Outstanding loan amounts do not participate in the
Cash Value investment experience of the variable investment
$250,000 options and can have a permanent effect on certificate
values and benefits.
Upon surrender, lapse, or case termination, including those circumstances where termination of the Group GVUL
contract results in termination of individual certificates/policies, loans become withdrawals and may become
taxable to the certificate owner. The above example is not indicative of any particular investment. These
examples do not reflect any charges. Earnings within your GVUL coverage generally can be withdrawn from your
certificate without income tax, as long as the cash value in your certificate is less than the total premium paid into
your certificate at the time of withdrawal, less any prior withdrawals, and provided that the contract is not a
modified endowment contract. Withdrawals will reduce the cash value and the death benefit of your certificate.
GVUL Summary
• Enhanced Life Insurance Protection
- Portable coverage5
• Tax-Advantaged Investment Opportunity
- No surrender charges or early withdrawal
penalties —withdrawals will reduce your cash value and death
benefit.
- Tax-free withdrawals up to basis9
• Flexibility and Control
- Access to cash value
- Ability to adjust coverage and/or change investment
decisions
9 Ingeneral, if the funding of your 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 591/2 will also generally apply. We will notify you if a contribution would
cause your certificate to become a MEC.
Enrollment Deadline [DATE]
• Determine Your Life Insurance Needs
• Determine Your Investment Plan
• Complete Enrollment at www.metlife.com/mybenefits
- To ensure coverage effective [DATE]
Enrollment Specialists
(800) 846-0124
Monday – Friday • 8 a.m. – 5 p.m. (CT)
Simple Enrollment Process
• Insurance Election
• Investment Election
• Fund Allocation
• Other Elections
• Health Questions
• Review and Submit
Enrollment Specialists
(800) 846-0124
Monday – Friday • 8 a.m. – 5 p.m. (CT)
The information contained in this presentation is not intended to
(and cannot) be used by anyone to avoid IRS penalties. This
presentation supports the promotion and marketing of GVUL.
You should seek advice based on your particular circumstances
from an independent tax advisor.
Prospectuses for Group Variable Universal Life insurance must
precede or accompany this material. You should carefully
consider the information in the prospectuses about the
contract's features, risks, charges and expense, and the
investment objectives, risks and policies of the underlying
portfolios, as well as other information about the underlying
funding choices. Please read the prospectuses and consider
this information carefully before investing. 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.
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 account value is
subject to market fluctuations so that, when withdrawn, it may be
worth more or less than its original value.
Understanding Your Opportunities
Group Variable Universal Life
A Key Component In A Comprehensive Financial Plan
Group Variable Universal Life insurance is distributed by Metropolitan Life Insurance Company, 190 Carondelet
Plaza, St. Louis, MO 63105. Policy Form No. 30037 and in NY Policy Form No. 3003731.
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