MetLife's External Term Conversion Program
10-15-2007
Here is your chance to take a leading role! MetLife’s External Term Conversion Program enables your client to convert their current in –force term policy to one of MetLife’s single life permanent policies with no additional evidence of insurability AND have the option of adding one or more of our unique riders.
Yes, we’ll waive the medical requirements
Spotlight the importance of permanent protection with your term client who:
1. Currently have in-force term policy issued standard or better in the last 60 months from one of 39 approved companies
2. Are concerned about future coverage, estate planning needs or the ability to set aside additional funds for retirement on a tax deferred basis
3. Have a lifestyle change; such as marriage, new job or baby
4. Have current term coverage and are concerned about business planning and business strategies
Advantages:
1. Ability to grow cash value
2. Permanent lifetime coverage with no-lapse premiums option (on the GAUL)
3. Opportunity to grow cash value, tax deferred, that can supplement retirement, college funding and more
4. Ability to add key riders, unique to MetLife, with , limited or no underwriting. These are valuable additions that can guarantee a future income to beneficiaries, a future Long- Term Care Policy purchase option and assist with future insurance planning
5. Ability to create a strong tie between you and your clients by addressing future needs now with additional coverage options for later. Provide those future guarantees with certainty, backed by the strength of MetLife
Please see attached PDF for approved companies.
