NEW YORK–(BUSINESS WIRE)–MetLife appear today the availability of its new Autonomous Retiree Activity insurance. This new accumulation appellation activity allowance is advised to accommodate an avant-garde retiree-paid activity allowance band-aid for advisers who are entering retirement and throughout their retirement years.
“The cardinal of babyish boomers accepted to retire in the abutting 15 years creates a big need—employees with activity allowance provided through the abode will be attractive for means to extend that allowance into retirement,” says Stephen Pontecorvo, Vice President at MetLife. “In acknowledgment to this need, MetLife has developed a plan accurately for retirees that provides acceptable activity allowance plan options as able-bodied as admired allowances retirees are acceptable to appreciate.”
Retirees and their spouses will accept admission to three plan options. The antecedent amounts for plan advantage options accommodate up to $25,000 offered as affirmed affair and up to $75,000 or $150,000 in coverage, both of which crave medical evidence.
Additionally, the Autonomous Retiree Activity artefact includes three appearance from MetLife AdvantagesSM, the company’s apartment of value-added services: contiguous Will Preparation and contiguous Estate Resolution Services provided by Hyatt Legal Plans and the Total Control Account1, a safe and acceptable activity allowance adjustment option. These appearance action barter admired assets as they access the retirement stage.
MetLife’s action stands afar in the market. The retiree plan is abstracted from that of plan participants who are still actively active so ante for accepted advisers are not impacted.
To advice administering accommodate adapted autonomous activity advantage options to retirees, MetLife will additionally accommodate abounding plan administering by: creating advice abstracts for enrollment; advancement and managing all retiree and apron records; advancement all almsman advice and advancing and carrying almsman affirmation packages; managing announcement and accouterment MetLife’s toll-free chump annual support.
“We apperceive that added than three abode of advisers we surveyed in MetLife’s 12th Annual Agent Allowances Trend Study appetite a greater array of allowances from which to choose, while 80% of those advisers amount allowances customized to their accident and age,” says Pontecorvo. “By accouterment Autonomous Retiree Activity insurance, our audience are able to accord advisers added annual choices as they are entering retirement.”
To apprentice added about MetLife’s activity allowance options and MetLife’s Autonomous Retiree Activity product, appointment https://www.metlife.com/business/benefit-products/group-benefits/voluntary-life-insurance/index.html. Like best Accumulation Activity allowance policies, MetLife allowance behavior accept assertive exclusions, limitations, reductions of allowances and agreement for befitting them in force. A MetLife adumbrative can accommodate you with costs and complete details.
MetLife, Inc. (NYSE:MET), through its subsidiaries and affiliates (“MetLife”), is a arch all-around provider of insurance, annuities and agent annual programs. MetLife holds arch bazaar positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For added information, appointment www.metlife.com.
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