MetLife Ventilation Hood Aug-07 User Manual
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Underwriting Programs
(Contact your NB
Underwriting Unit for additional information)
Cross-Franchise Term Conversions—MetLife, New
England Life Insurance, First MetLife Investors,
MetLife Investors USA, GenAm and MetLife
Insurance of Connecticut term policies may convert
to any approved enterprise permanent plan without
evidence of insurability.
England Life Insurance, First MetLife Investors,
MetLife Investors USA, GenAm and MetLife
Insurance of Connecticut term policies may convert
to any approved enterprise permanent plan without
evidence of insurability.
Simplified Underwriting—Available for distinct business
markets where guaranteed participation levels (multi-
life) enable us to accommodate in a favorable fashion
(pre-approval required).
markets where guaranteed participation levels (multi-
life) enable us to accommodate in a favorable fashion
(pre-approval required).
Solutions for Life External Term Conversions—
Clients with a term policy from an approved company
may convert to a permanent plan of insurance on a
guaranteed issue basis, without evidence of insurability.
(Not available in New York; product restrictions
apply—refer to your producer guide).
Clients with a term policy from an approved company
may convert to a permanent plan of insurance on a
guaranteed issue basis, without evidence of insurability.
(Not available in New York; product restrictions
apply—refer to your producer guide).
Table Shaving—Permanent plans, medical risks
(only) and a maximum of Table C (or MetLife rating
class equivalent) or permanent Flat Extra Premium
(FEP) of $5.00 per $1,000 or temporary FEP averaging
$5.00 per $1,000 for 5 years, may be shaved to
Standard. Individual policies maximum amounts: $5
million ages 0–70.
(only) and a maximum of Table C (or MetLife rating
class equivalent) or permanent Flat Extra Premium
(FEP) of $5.00 per $1,000 or temporary FEP averaging
$5.00 per $1,000 for 5 years, may be shaved to
Standard. Individual policies maximum amounts: $5
million ages 0–70.
Survivorship policies maximum amount: $5 million up
to age 70. If one life is uninsurable, neither can be shaved.
to age 70. If one life is uninsurable, neither can be shaved.
Maximums are aggregate amounts of all applied for and
in-force coverage. Additional limitations are applicable.
in-force coverage. Additional limitations are applicable.
MetEdge—MetEdge is a facultative reinsurance
program designed to get you the best possible offer for
your clients aged 18-70 and rated Table B or C for one
or two minor impairments (some non-medical risks
may also qualify) for a maximum of $2 million
program designed to get you the best possible offer for
your clients aged 18-70 and rated Table B or C for one
or two minor impairments (some non-medical risks
may also qualify) for a maximum of $2 million
(aggregate in-force and applied for.) MetEdge is
available for all individual life products except
Survivorship. Eligible cases are automatically sent to
our participating reinsurer–you don’t need to request
this service! And if our offer can’t be improved by our
reinsurer, our offer remains available!
available for all individual life products except
Survivorship. Eligible cases are automatically sent to
our participating reinsurer–you don’t need to request
this service! And if our offer can’t be improved by our
reinsurer, our offer remains available!
(Details of the MetEdge Program can be found in THE GUIDE.)
POLICY STATE AND APPLICATION FORMS
The application and Policy State are generally based on the state
of residence of the policy owner. HIV Informed Consent forms, if
needed, are based on the proposed insured’s residence state. You
must be licensed and appointed in the Policy State, the state in
which the application is signed and the risk-resident state, if
different. (Risk-Resident states are listed in THE GUIDE.)
of residence of the policy owner. HIV Informed Consent forms, if
needed, are based on the proposed insured’s residence state. You
must be licensed and appointed in the Policy State, the state in
which the application is signed and the risk-resident state, if
different. (Risk-Resident states are listed in THE GUIDE.)
Military Personnel
It is our long-standing policy to support our men and
women in all branches of the U.S. Armed Forces
including proposed insureds in the active military
and/or military reserve services, the National Guard
and those who have received orders to trouble spots
or areas of combat. Proposed insured whose military
duties include extra risks or involvement with some
special force units may be insurable only at higher
premium rates or may be uninsurable. The application
and all underwriting requirements must be completed
in the United States in accordance with normal age and
amount guidelines. Our life insurance policies do not
include any war restrictions or exclusion clauses.
women in all branches of the U.S. Armed Forces
including proposed insureds in the active military
and/or military reserve services, the National Guard
and those who have received orders to trouble spots
or areas of combat. Proposed insured whose military
duties include extra risks or involvement with some
special force units may be insurable only at higher
premium rates or may be uninsurable. The application
and all underwriting requirements must be completed
in the United States in accordance with normal age and
amount guidelines. Our life insurance policies do not
include any war restrictions or exclusion clauses.
For New Business
and all Conversions
and all Conversions
The application is based on
owner’s current residence state.
owner’s current residence state.
For Changes to existing
in-force policy:
in-force policy:
The application is based on the
original issue state of policy
regardless of current residence
of owner.
original issue state of policy
regardless of current residence
of owner.