MetLife, Inc. · NYSE:MET
MetLife — Investor Presentation (April 2023)
18 slides from MetLife's investor presentation, April 2023
Slide 1: One Policy, Two Benefits: Understanding GVUL
Group Variable Universal Life (GVUL) One Policy, Two Benefits Understanding GVUL Prepared for: Wilson Sonsini Goodrich & Rosati Annual Enrollment Dates: 04/24/2023 – 05/05/2023
Slide 2: One policy – Two benefits
One policy – Two benefits GVUL is life insurance protection that includes a tax-deferred1 investment feature: + = Protection Savings Financial Security Life Insurance Investment Feature GVUL A permanent,3 portable benefit at cost-effective group rates See end of presentation for footnotes and import
Slide 3: Benefits of GVUL
Benefits of GVUL Tax-advantaged – at the time you Tax-free benefit for your survivors.4 withdraw your money – withdrawals up to the cost basis are tax-free.5 Easy – invest via payroll deduction and/or a Portable – take it with you at active group lump-sum contribution at any time during rates if you
Slide 4: How much coverage?
How much coverage? Do you have an appropriate amount to meet your needs? Assess your needs Review your coverage • Income stream for • Change in marital status my dependents • Birth or adoption of a child • Outstanding debts • Job or salary change • Accessibility of • Home improvement financial asset
Slide 5: Your GVUL insurance plan
Your GVUL insurance plan Employee Coverage • Basic (employer paid): $2,000,000 6 • Supplemental (employee paid): You may purchase supplemental coverage in increments of $100,000, up to $1,500,000.6 Maximum Employee Coverage: The combination of your Basic coverage and your Supplemental coverage canno
Slide 6: The investment opportunity
The investment opportunity GVUL goes beyond providing a federal income tax-free death benefit for beneficiaries Build cash value by Earnings on the Access your contributing to an investments grow cash value whenever investment feature tax deferred1 you need it5 See end of presentation for footnotes
Slide 7: The investment opportunity
The investment opportunity A range of investment options to meet diverse needs Low Medium High Risk Tolerance • 24 Variable Investment Portfolios – managed by nationally recognized money managers • Interest-Bearing Account8 • Tax-Free Transfers • Expense Charge See end of presentation for footnotes
Slide 8: The investment opportunity
The investment opportunity Variable Access your cash investment options value whenever Tax-free and an interest- Any earnings grow you need it withdrawals bearing account7 tax-deferred1 with no early up to basis5 with tax-free withdrawal transfers penalties5 See end of presentation for footnotes and
Slide 9: The investment opportunity
The investment opportunity Cost Basis Cash Value Tax Advantage5 The sum of all premiums that The sum of your additional investment Cash value can be withdrawn have been paid into your GVUL policy dollars, plus the difference of any tax-free, including earnings, as long less prior nontaxable distribu
Slide 10: Tax advantage of additional GVUL premiums
Tax advantage of additional 1,8 GVUL premiums Buying Term Insurance and Buying GVUL and investing elsewhere investing within the Plan Premiums for Premiums Term Life Separate for GVUL Basis = Insurance Investment Insurance Total GVUL Coverage Coverage premiums paid, including premiums paid for life
Slide 11: Tax treatment of GVUL premiums
Tax treatment of GVUL premiums Example Age at Issue: 40 End of 25 Years $1,000,000 Coverage Premiums Premiums for GVUL Cash Value Subject to Tax = $0 $257,633 Insurance Coverage $78,434 Paid in Total (Basis) Extra Premium for Investment $179,199 Withdrawals will $597 per month $257,599 Available Cas
Slide 12: Strategic use of additional cash value
Strategic use of additional cash value Payment of future Annuity Loan premiums with Wealth Transfer Distribution Provisions9 tax-advantaged1 Mechanism Option10 dollars See end of presentation for footnotes and important disclosures. L0722024011[exp0724][All States][DC,GU,MP,PR,VI] 12 © 2022 MetLife
Slide 13: Beneficiary reminder
Beneficiary reminder It’s easy to update your GVUL beneficiary You should name a beneficiary for your GVUL insurance coverage. This ensures your insurance proceeds will be paid according to your wishes. Visit: https://mybenefits.metlife.com See end of presentation for footnotes and important disclos
Slide 14: GVUL summary
GVUL summary Permanent3 Life Tax-deferred1 Investment Insurance Protection to meet your goals • Keep your coverage as long as you need it • Freedom to change investment options as your goals change • Update your coverage to account for significant life changes • Access to accumulated cash value at a
Slide 15: Help protect the lifestyle you've built
Help protect the lifestyle you've built Questions? Call: 1-800-756-0124 Monday – Friday 7am – 7pm CT OR Kari Kennard (425) 214-6546 kari.kennard1@metlife.com Enroll online by visiting or https://mybenefits.metlife.com by May 05, 2023 We Can Help With… Personalized illustration An explanation of how
Slide 16: A Key Component of a Comprehensive Financial Plan
A Key Component of a Comprehensive Financial Plan Thank you. See end of presentation for footnotes and important disclosures. L0722024011[exp0724][All States][DC,GU,MP,PR,VI] 16 © 2022 MetLife Services and Solutions, LLC
Slide 17: Footnotes
Footnotes 1Earnings within your GVUL coverage grow income tax-free while the policy stays in force. Money allocated to the variable investment portfolios is subject to market risk, and when redeemed may be worth more or less than your original investment. Please consider your investment time horizon
Slide 18: Disclaimers
Disclaimers Nothing in these materials is intended to be advice for any particular situation or individual. Please consult with your own advisors for such advice. Like most insurance policies, MetLife GVUL contains exclusions, limitations and terms for keeping it in force. MetLife can provide you wi