MetLife, Inc. · NYSE:MET
MetLife — Investor Presentation (May 2022)
17 slides from MetLife's investor presentation, May 2022
Slide 1: Group Universal Life (GUL): One Policy, Two Benefits
Group Universal Life (GUL) One Policy, Two Benefits Understanding GUL Prepared for: Butler Snow LLP Open Enrollment: 5/23/22 – 6/13/22 Click icon to add picture
Slide 2: One policy – Two benefits
One policy – Two benefits GUL is life insurance protection that includes a tax-deferred 1 savings feature: + = Protection Savings Protection + Savings Life Insurance Savings Feature GUL A permanent2, portable benefit at active group rates 1 Earnings within your GUL coverage grow income tax- free whi
Slide 3: GUL compared to Term Life Protection
GUL compared to Term Life Protection Term Life Insurance GUL • Tax-free benefit for your survivors1 • Tax-free benefit for your survivors1 • Portable life insurance coverage2 – that will not be automatically • Death benefit protection that is an expense only reduced at retirement • One policy with t
Slide 4: How much coverage?
How much coverage? Do you have an appropriate amount to meet your needs? Assess your needs • Income stream for my dependents • Outstanding debts • Accessibility of financial assets • Future expenses • Estate planning Review your coverage Determine your needs with a life insurance calculator • Change
Slide 5: Your GUL Insurance Plan
Your GUL Insurance Plan Enroll by visiting https://mybenefits.metlife.com. Open Enrollment: 5/23/22 – 6/13/22. For You For Your Dependents - Term Rider Basic (Firm Provided)* Spouse/Domestic Partner (Employee Paid): Equity Partners, Non-Equity Partners and General Counsel - $50,000 increments up
Slide 6: The savings opportunity
The savings opportunity Any earnings grow tax-deferred1 Access your cash value whenever you need it2 No early withdrawal penalties2 Tax-free withdrawals up to basis 1 Earnings within your GUL coverage grow income tax- free while the policy stays in force. Please consider your investment time horizon
Slide 7: The savings opportunity
The savings opportunity The sum of all premiums that have been paid into your GUL policy less prior Cost Basis non-taxable distributions. Premiums include both life insurance premiums and additional savings dollars you contribute. The sum of your additional savings dollars, plus the difference of an
Slide 8: Tax-advantage of additional GUL premiums
Tax-advantage of additional GUL premiums Buying Term Insurance & Buying GUL & saving saving elsewhere within the Program Premiums for Premiums Term Life Separate Basis = for GUL Insurance Savings Total GUL Insurance Coverage Coverage premiums paid, including premiums paid for life insurance protecti
Slide 9: Tax-treatment of GUL premiums – Example
Tax-treatment of GUL premiums – Example Age at Issue: 40 End of 25 Years $1,000,000 Coverage Premiums Cash Value $257,63 Premiums for GUL Insurance Coverage Subject to Tax = $0 3 $78,434 Paid in Total (Basis) Extra Premium for Savings $179,199 $597 per month $257,59 Withdrawals will 9 reduce the cas
Slide 10: Strategic use of additional cash value
Strategic use of additional cash value Loan Payment of future Wealth Transfer Annuity Provisions1 premiums with Mechanism Distribution Option3 tax-advantaged2 dollars 1 Outstanding loan amounts do not participate in the interest credited to the interest-bearing account and can have a permanent effec
Slide 11: Online tools & resources
Online tools & resources MyBenefits Welcome Enroll & Manage © 2021 MetLife Services and Solutions, LLC L0921016732[exp0923][All States][DC,GU,MP,PR,VI] 11
Slide 12: Beneficiary Reminder
Beneficiary Reminder It’s easy to update your GUL beneficiary You should name a beneficiary for your GUL insurance coverage. This ensures that MetLife will distribute the policy proceeds the way you want at the time of claim. Visit: https://mybenefits.metlife.com © 2021 MetLife Services and Solution
Slide 13: MetLife Advantages
MetLife AdvantagesSM Support, planning and protection when you need it most. Support Planning Protection • Grief Counseling with • Face-to-Face Will Preparation • Portable life Funeral Assistance • Face-to-Face Estate insurance coverage Resolution Services • Funeral Discounts & Planning Services Ple
Slide 14: GUL summary
GUL summary Permanent1 Life Tax-deferred2 Savings Insurance Protection to meet your goals • Keep your coverage as long as you need it • Access to accumulated cash value at any time for any reason • Update your coverage to account for significant life changes • Tax-free withdrawals up to your cost ba
Slide 15: Help protect the lifestyle you've built. Questions?
Help protect the lifestyle you've built. Questions? Call: (800) 756-0124 Monday – Friday 7am to 7pm (CT) Tyler Gilleland (913) 752-7526 tgilleland@metlife.com Jennie Wyatt (615) 651-6640 jennie.wyatt@butlersnow.com Chris Walters or William Morris Group PA (601) 948-0037 (601) 948-0030 cwalters@wmorr
Slide 16: Footnotes
Footnotes 1. Will Preparation Services are offered by MetLife Legal Plans, Inc.,Cleveland, Ohio. In certain states, legal services benefits are provided through insurance coverage underwritten by Metropolitan Property and Casualty Insurance Company and Affiliates, Warwick, Rhode Island. For New York
Slide 17: Nothing in these materials is intended to be advice
Nothing in these materials is intended to be advice for any particular situation or individual. Like most insurance policies, MetLife GUL contains exclusions, limitations and terms for keeping it in force. MetLife can provide you with costs and complete details. Any discussion of taxes is for genera