What is Life for Life®?
Life for Life means life insurance for your entire lifetime. First, you have term life insurance. Later, when your term life insurance concludes, you can convert to individual permanent life insurance that allows your coverage to continue for as long as you choose.
Highlights
Lots of choices. Insurance amounts from $100,000 to $2 million. Click here for information on 10-Year Term and here for 20-Year Term product information.
Attractive premium rates. Lower rates for higher insurance amounts. Unlike other 10- or 20-Year Term insurance, these premiums are not level. Instead, premiums start lower and increase as you enter new five year age brackets, providing you with more flexibility. Click here for 10-Year Term Premiums. Click here for 20-Year Term Premiums.
Automatic Benefit Increases (ABIs). Your insurance can increase, repeatedly, during the first ten years, even if your health fails and you become uninsurable.1This could be the most valuable feature in any life insurance you have. Through ABIs, coverage can double over 10 years (to a maximum of $2 million).
No automatic reductions in insurance amount as you get older, but you can decrease coverage with a simple signed request.
Lifetime coverage. Once insured, you can remain insured as long as you want. (See the “How does Life for Life work?” question under the Frequently Asked Question section for details.)
How much insurance do I need? The Collegiate Alumni Life Calculator (CALC)is a confidential online tool to help answer the question.
Legal services for will preparation and estate resolution for you and your spouse or domestic partner while you are insured at no cost to you.2
Automatic premium payment option. Straight from your bank account with no surcharge.
Term Life Insurance: Your Most Asked Questions Answered. Click here.
1Subject to the normal activities provision the Certificate of Insurance. See the “When does my insurance begin” question under the Frequently Asked Questions section for the definition.
2In certain states, group legal plans are provided through insurance coverage underwritten by Metropolitan Property and Casualty Insurance Company and Affiliates, Warwick, RI. Some services not available in all states. Please see your plan description for details. Will preparation Services and Estate Resolution Services are provided at no additional cost to those who purchase Supplemental Life Insurance only. Certain services are not covered by Estate Resolution Services, including matters in which there is a conflict of interest between the executor and any beneficiary or heir and the estate; any disputes with the group policyholder, MetLife and/or any of its affiliates; any disputes involving statutory benefits; will contests or litigation outside probate court; appeals; court costs, filing fees, recording fees, transcripts, witness fees, expenses to a third party, judgments or fines; and frivolous or unethical matters. MetLife Legal Plans® and MetLife® are registered trademarks of Metropolitan Life Insurance Company, New York, New York.