Many or all companies we feature compensate us. Compensation and editorial research influence how products appear on a page. Insurance Life Insurance MetLife Life Insurance Review Updated Jul 16, 2024 4-min read Reviewed by Jeff Gitlen, CEPF® Reviewed by Jeff Gitlen, CEPF® Expertise: Student loans, personal loans, home loans, insurance, credit cards Jeff Gitlen, CEPF®, is the director of growth at LendEDU. He graduated from the Alfred Lerner College of Business and Economics at the University of Delaware. Learn more about Jeff Gitlen, CEPF® Learn Moreon MetLife’s secure websiteEditorial RatingEditorial RatingWhat we like:N/AType of InsuranceTermA.M. Best RatingA++Customer Service1-800-638-5433Issue AgeNot providedSee how this company stacks up against our top rated life insurance companiesCompare Life Insurance Life insurance can be a valuable investment for your family. With life insurance policies, you make premium payments as you do with most insurance. But this insurance is intended to protect the value of a life. The different types of life insurance include term life, universal life, and whole life. Many companies offer variations on these life insurances, so it can be difficult to determine which policy is right for your needs. One reputable and established company is MetLife. MetLife, founded in 1868, is a large company with a long history in the U.S. and around the world, including in Latin American, Europe, and Asia. It now provides services to 90 million customers. It has high financial ratings from Standard & Poor’s, Moody’s, A.M. Best and Fitch. Here’s what you need to know if you’re interested in a life insurance policy from MetLife. Cost of MetLife Life Insurance Several factors play a role in how much MetLife’s life insurance costs. When someone gets a life insurance policy, their risk categories determine the premium payments, although those risk factors don’t affect the actual coverage. Risk factors that impact cost can include health, family medical history and the lifestyle of the person who is getting the policy. For example, if you smoke you can expect to pay a higher premium than a nonsmoker. Most Popular Policy MetLife currently offers products that are available through employers. All other individual life insurance policies are offered through Brighthouse. The life insurance policies that are available through employers include term life insurance and permanent life insurance. MetLife also offers MetLife Advantages, a suite of services that can be added to MetLife Basic Term Life, Supplemental Term Life, and Accidental Death and Dismemberment insurance. Requirements to Get Insured Because MetLife Life Insurance is only available as a benefit offered through an employer, you must talk to a human resources representative at your workplace to receive it directly. The requirements to get insured will vary depending on the type of coverage an employee is seeking, their employer, and other specific considerations. MetLife outlines the following advantages for someone purchasing life insurance through their work: Lower group ratesA guaranteed issue, so you can receive a certain level of insurance without taking a medical exam or answering questions about your healthOption to be paid through payroll deductionsEasy sign-up process, including automatic enrollment with some employers Availability Again, MetLife Life Insurance is limited to employees whose workplaces offer it as a benefit. Specific policies that may be available through employers include: Term Life Insurance from MetLife includes basic term life, supplemental life, dependent life, and voluntary retiree life. These are some of the most cost-effective options, and they are provided for a fixed period of time.Whole Life Insurance from Texas Life Insurance is usually an add-on to employee group term coverage. Whole Life Insurance provides coverage for costs like final expenses and funeral costs.Universal Life Insurance is a permanent life insurance policy and includes Group Variable Universal Life or Group Universal Life. This coverage is supplemental to a 401(k) or qualified savings plan.Complementary accidental death and dismemberment coverage can accompany basic term life coverage. Customer Service Overall, MetLife’s life insurance offerings are fairly easy to manage. Your benefits administrator can easily answer questions about the policy. According to J.D. Power, customer satisfaction with MetLife’s broad array of policies is generally average. Summing Up If you are shopping for individual life insurance to buy on your own, MetLife is not the right company for you. Instead, its subsidiary, Brighthouse, offers individual life insurance policies. But through employers, MetLife’s policies are competitive with benefits such as low group rates and a variety of coverage options.