At Bluewave Insurance we are elated to provide our clients with Metlife burial insurance products. We are confident in their service and believe they can provide the best care for our customers. Give us a call at 800-208-4974 to learn more.
Metlife Company Background and History
Metlife is short for Metropolitan Life Insurance Company, they are one of the largest providers in insurance, employee benefits, and annuities. They were founded in 1868 and have been providing financial services to over 90 million customers and over 60 countries worldwide.
They are currently at around 48,000 employes worldwide and their mission is to create a service of financial inclusion and provide financial solutions for people across the globe.
Metlife Financial Strength and Current Ratings
Metlife is one of the biggest corporations in the world. In the United States specifically, they are ranked in the Fortune 500 list and have over $67 billion in revenue. They are also trade in the public stock exchange and have been growing well ever since their start in 1868.
Fitch Ratings currently gives Metlife a AA- Insurer Financial Strength rating. This is an excellent outlook for Metlife because it shows that the company has strong earnings and capital. Balance sheets are fundamentally stable and forecasted revenue is within expectations. Metlife also has an A+ (Superior) rating by A.M. Best further solidifying its status as an outstanding company.
What is the Benefit of Funeral Insurance or Final Expense Life Policy?
Having burial insurance or final expense life insurance policy is the ultimate way to gain peace of mind. When you or your loved ones pass away, the last thing you want to think about is how you’re going to pay for funeral expenses. You just want to mourn and heal from the experience. However, folks are presented with the cost of funerals. From cremation, funeral homes, reception, and more, a funeral can cost up to $10,000- $14,000.
Avoid worrying about the funeral expense by signing up for a burial insurance policy. With a low monthly premium, you can give yourself and your loved one’s peace of mind. With burial insurance, your appointed beneficiary will get a cash payout (varies per plan) that can help pay for funeral expenses and may also leave surplus cash that can be used for nonrelated funeral costs.
If you are interested in signing up or learning more about burial insurance, give us a call at 800-208-4974. One of our trusted insurance agents will be glad to answer any questions and help you choose the best policy for your needs.
When you sign up for Metlife burial insurance you will only get full death benefits after a two-year waiting period. The case that you die before completing the two-year waiting period, your appointed beneficiary will only get what you paid for in monthly premiums plus interest. The only way that they would get full benefits before the waiting period is if the death was accidental. To learn more about Metlife burial insurance, contact us at 800-208-4974. One of our experienced insurance agents would be glad to answer any questions you may have.
Met life is one of the biggest insurance companies in the US and provides insurance products to all 50 states. So no matter where you go, Metlife insurance can help you stay protected. Outside of the U.S. they also operate in Japan, Latin America, Asia, Europe, and the Middle East.
Metlife Burial Insurance Policy and Death Benefits
Metlife offers some of the most robust burial insurance plans on the market today. With their final expense policy, you can be certain that you and your loved ones will be taken care of when your death comes. Here are some of the reasons why folks choose Metlife for their burial insurance:
- Guaranteed acceptance
- No health questions
- Non-changing premium during the duration of the plan
- Burial insurance never cancels due to age or health conditions
Even if you may have a serious health issue, Metlife will still accept you in their Burial insurance plan. Because of this advantage, many seniors have chosen to take on this provider.
If you would like to learn more about Metlife burial insurance or would like a free quote comparison, give us a call at 800-208-4974.
Metlife Term Life Insurance Plan
Metlife term life has three different levels: Basic Term Life, Supplemental Term Life, and Dependent Term Life. With this specific policy, it offers a set premium and protection during a specific time period. Luckily, this plan offers flexibility to change coverage as your needs evolve over time.
Though Metlife term life, you would be able to build cash value as part of their permanent life insurance coverage. This is also a great way to build financial protection. So when you pass and the appointed beneficiary gets the cash payout, they will be able to pay for funeral expenses as well as nonfuneral related costs, like college, medical bills, etc.
Metlife Whole Life Insurance
Whole Life insurance by Metlife, is exactly as it sounds. This policy provides coverage during the duration of your life. It differs from term life because term life only provides coverage in a certain period of your life, for example during the times you may have a child, or doing a particular type of job.
With whole life insurance, the amount you pay will depend on your unique needs and how much coverage you want. Factors that vary the price are age, health, gender, and other factors.
Here are some of the reasons why folks choose Metlife whole life insurance:
- Competitive rates
- A Large lump-sum payout that can be used for burial expenses or other needs
- Portable protection
- Cash value beneficiaries can use during their lifetime.
If you would like to learn more about Metlife whole life insurance and how it can benefit you and your loved ones, give us a call at 800-208-4974. One of our expert insurance agents would be happy to provide you a free consultation and find out which burial insurance options best suit your needs.
Metlife Guaranteed Acceptance Life Insurance or Guaranteed Issue Life Insurance
With Metlife’s guaranteed acceptance life policy, seniors do not need a medical exam or have to answer any health questions whatsoever. Metlife also does not check your medical history. This means that each person that applies for their burial insurance plans get approved.
However, there is one disadvantage to their guaranteed acceptance. In this case, they require a 2-year waiting period before folks can obtain the full death benefits. In addition, this plan cost a bit more since there are no health questions, due to the fact the insurance company takes on more risks.
To find out if the advantages outweigh the disadvantages, give us a call at 800-208-4974 for unbiased expert advice from our insurance agents. We would be happy to compare and answer any questions you may have.
Our Recommendations
It’s true that finding the right burial insurance plan for you is difficult. This is one of the last things you ever want to plan for but it is necessary. Having burial insurance or final expense life insurance gives you and your family the peace of mind, and gives your loved ones the time to mourn and heal. We recommend that you speak with a licensed insurance agent to find your which plan suits your unique needs. However, we believe Metlife provides great insurance products and services and we highly recommend them to our clients.
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If you are questioning if Metlife burial insurance is right for you, give us a call at 800-208-4974. Our experienced insurance agents would be delighted to help you choose the right plan and compare rates with other providers at no cost to you.
Read More:
- Gerber Life Final Expense Review
- State Farm Burial Insurance Plans
- Globe Life Funeral Insurance Reviews
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