Brighthouse - PAUL Product Update

No Surrender Charges

News Image 05-01-2017

Brighthouse Premier Accumulator Universal LifeSM (PAUL) is giving clients even more value. Beginning on May 1st, 2017, PAUL issued by Brighthouse Life Insurance Company will be updated to feature no surrender charges.

Please note that PAUL with surrender charges will continue to be available in the unapproved states until the no surrender charge version is approved. In New York, PAUL with surrender charges is issued by Metropolitan Life Insurance Company.

Transition Rules
Applications submitted on or after May 1st in approved states will receive PAUL with no surrender charges. In good order applications submitted in approved states prior to May 1st will receive PAUL with surrender charges. For these cases, applications can be amended to PAUL with no surrender charges prior to a policy being issued. Please contact your BUA Life New Business Case Manager for assistance with this process.

Existing PAUL policy owners whose applications were submitted on or after March 6th will be eligible for a reissued policy with no surrender charges.

Please see Related Resources for a list of approved states.



BUA New Business
Phone: 800-792-6795