Metlife Announces 2017 Dividend Scale & Immediate Compensation Changes

News Image 11-18-2016

MetLife and the insurance company subsidiaries of Brighthouse Financial expect to pay a total of approximately $1.27 billion in policy dividends to eligible life insurance policyholders in 2017. This payment demonstrates a continued commitment to providing policyholders with value now and in the long term. MetLife’s disciplined approach to managing risk and making sound financial decisions has enabled them to continue a long history of providing dividend payments to the participating life insurance policyholders.

The 2017 Dividend Scale has received preliminary approval from the boards of directors of the issuing companies. It is expected to receive final approval in February 2017.

The Dividend Scale FAQs are available to provide you with additional information about the dividends and how they may impact your clients.


Compensation Changes

As of November 18, 2016, compensation for policy face amount increases and
additional riders will be reduced from first-year commissions to renewal compensation. In order to be considered for first-year commissions on policies with face amount increases and riders, these changes must be issued on the policy and placed by November 17, 2016.


As of January 1, 2017, MetLife will stop annualization of first year commissions on monthly premiums for new life business processed after this date. In order to be considered for annualization, cases must be paid and placed by December 31, 2016.

AgentSuite

Contact

BUA Sales