What types of life insurance does MetLife provide?

MetLife offers a variety of life insurance products to cater to different needs and preferences. The primary types of life insurance that MetLife provides include term life insurance, whole life insurance, and universal life insurance. Term life insurance is designed to provide coverage for a specific period, often ranging from ten to thirty years. This type of policy is typically more affordable and is aimed at individuals who want to ensure that their beneficiaries are financially protected during the term of the policy. It is particularly popular among those who have temporary financial obligations, such as a mortgage or dependents to support. Whole life insurance, on the other hand, provides coverage for the policyholder's entire lifetime, as long as premiums are paid. This type of policy builds cash value over time, which can be borrowed against or withdrawn, offering a savings component in addition to the death benefit. Whole life insurance is suitable for individuals looking for long-term coverage and an investment opportunity. Universal life insurance offers more flexibility compared to whole life insurance. It allows policyholders to adjust their premiums and death benefits, along with the potential to grow cash value based on interest rates. This type of policy can be a good option for those who want a balance of insurance coverage and investment. These options provide individuals and families with various choices to ensure they find a life insurance solution that aligns with their financial goals and protection needs. For more detailed information about specific products, it is advisable to visit the official MetLife website or consult with a financial advisor.