Wednesday, April 30, 2008

 

MetLife Revamps Its Variable Annuities with New Death Benefit Rider and Upgrades to Living Benefit Riders

MetLife today announced that it has revamped its variable annuity product suite to include an optional Enhanced Death Benefit rider; upgrades to two of its living benefit riders, Guaranteed Minimum Income Benefit Plus (GMIB Plus/Predictor Plus) and Lifetime Withdrawal Guarantee (LWG); investment flexibility for all three riders and three new asset allocation portfolios composed of American Funds Insurance SeriesĀ® portfolios and the new Met/Franklin Templeton Founding Strategy Portfolio, all of which are managed by Met Investors Advisory, LLC.

MetLife Revamps Its Variable Annuities with New Death Benefit Rider and Upgrades to Living Benefit Riders
Source: Yahoo! Finance

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