MetLife To Introduce Term Life Insurance
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"No matter who you are, you should have access to simple and affordable insurance products," said
Simplified Issue Term is term life insurance, made available to anyone from age 18 to 70, and can be purchased over the telephone with same-day approval. The product is offered in face amounts from
Simplified Issue Term is a "term to 90" insurance: it automatically renews each year, up to age 90, and it renews without additional underwriting as long as premiums are paid. Premiums increase in five-year increments, based on the insured's age.
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