MetLife Ventilation Hood Aug-07 User Manual
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reinsurers, it is important that you provide detailed
information of your clients’ past foreign travel and
future plans for foreign travel—unless the version of
the state-specific application does not ask for past or
future travel. The duration of travel should be noted
in weeks.
information of your clients’ past foreign travel and
future plans for foreign travel—unless the version of
the state-specific application does not ask for past or
future travel. The duration of travel should be noted
in weeks.
Travel for longer periods of time may preclude
Preferred classes and/or require a flat extra premium
charge for the travel risk, or may be subject to the
availability of facultative reinsurance.
Preferred classes and/or require a flat extra premium
charge for the travel risk, or may be subject to the
availability of facultative reinsurance.
In assessing a travel risk, we are primarily concerned
with anticipated future travel. Information provided
on an application for past travel is viewed for signifi-
cant ties to the country visited or history of frequent
travel to determine the likelihood of future travel to
the same countries
with anticipated future travel. Information provided
on an application for past travel is viewed for signifi-
cant ties to the country visited or history of frequent
travel to determine the likelihood of future travel to
the same countries
The complete list of “A, B, C” countries and the rules
governing travel to them can be found in THE Life
Underwriting GUIDE, available on the MetLife web-
site for your distribution channel.
governing travel to them can be found in THE Life
Underwriting GUIDE, available on the MetLife web-
site for your distribution channel.
Travel Exclusion Rider
The proposed insured may request this rider in lieu of
an adverse underwriting decision. The travel exclusion
rider will not pay a death benefit if the insured dies in
one of the countries listed on the application and the
rider page. If the individual frequently travels to the
country to be excluded, it may not be in his or her best
interest to limit the death benefit with an exclusion
rider. The Travel Exclusion Rider is available in 24
jurisdictions (listed in THE GUIDE) for all Enterprise
products (excluding MICC/MLAC products).
an adverse underwriting decision. The travel exclusion
rider will not pay a death benefit if the insured dies in
one of the countries listed on the application and the
rider page. If the individual frequently travels to the
country to be excluded, it may not be in his or her best
interest to limit the death benefit with an exclusion
rider. The Travel Exclusion Rider is available in 24
jurisdictions (listed in THE GUIDE) for all Enterprise
products (excluding MICC/MLAC products).
FOREIGN RESIDENTS (RESIDING OUTSIDE THE
UNITED STATES FOR MORE THAN 6 MONTHS)
UNITED STATES FOR MORE THAN 6 MONTHS)
Eligibility for consideration (applies to all persons
to be insured and all owners).
to be insured and all owners).
* Countries listed in THE GUIDE.
Considered
Residents of countries on the “A” List*— reinsurance
autobind to $10 million; MetLife retention $5 million;
other countries (except those listed below) and amounts
subject to facultative reinsurance.
Must have strong ties to the U.S.
autobind to $10 million; MetLife retention $5 million;
other countries (except those listed below) and amounts
subject to facultative reinsurance.
Must have strong ties to the U.S.
• own a business in U.S.
• own property in U.S.
• be employed in U.S.**
• own property in U.S.
• be employed in U.S.**
Dependents: Individual Consideration**
All family members must apply at the same time
as primary wage earner and his/her application
must be approved and issued
as primary wage earner and his/her application
must be approved and issued
Must have a U.S. bank account (not opened solely to
pay premiums).
pay premiums).
Not Considered
The following do not constitute strong ties to the U.S.
•
working in a foreign country for a U.S.-owned company.
•
owning U.S. investment accounts.
Cannot reside in or be a citizen of a country* subject
to OFAC sanctions. Exception allowed for a citizen of an
OFAC country if they are a legal resident in the US on a
valid permanent visa.
to OFAC sanctions. Exception allowed for a citizen of an
OFAC country if they are a legal resident in the US on a
valid permanent visa.
Permanent residents, regardless of citizenship of one of
the following countries that have insurance laws that
prohibit the sale of policies to their residents, cannot be
considered. These countries include: Argentina, Brazil,
Croatia, Dominican Republic, France, Greece, Hungary, India,
Italy, Japan, Panama, Philippines, Romania, South Africa,
Spain, Switzerland,
Ukraine, Uruguay and Venezuela.
the following countries that have insurance laws that
prohibit the sale of policies to their residents, cannot be
considered. These countries include: Argentina, Brazil,
Croatia, Dominican Republic, France, Greece, Hungary, India,
Italy, Japan, Panama, Philippines, Romania, South Africa,
Spain, Switzerland,
Ukraine, Uruguay and Venezuela.
Money orders and cashiers checks not acceptable.
Hazardous occupations
*Countries listed in THE GUIDE.
**Restrictions apply for residents of Mexico – see THE GUIDE.
NOTE: Due to our non-compete agreement, restrictions may apply for
**Restrictions apply for residents of Mexico – see THE GUIDE.
NOTE: Due to our non-compete agreement, restrictions may apply for
Canadian residents.