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TopTenREVIEWS - Gold Award - Awarded for excellence in design, usability and feature set

When you begin your life insurance comparison, starting with MetLife is a smart idea. MetLife provides helpful calculators, financial planning tools and a plethora of investment options for any stage of life. Not only does MetLife provide the best types of life insurance, it also provides home, auto and small business insurance. MetLife's exclusive focus on insurance and long-term investing earns this service our TopTenREVIEWS Gold Award for best life insurance companies.

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Policy Benefits
Compare
10/10
MetLife
State Farm Insurance
ING
Prudential
American General
SBLI
New York Life
Liberty Mutual
Fidelity Investments
Genworth Financial
10
9.4
9.4
8.8
9.4
8.1
8.1
7.5
6.3
7.5

The primary advantage of MetLife’s whole life insurance policies centers on the cash value growth potential. When comparing insurance quotes, premiums are considerably higher for whole life insurance than for term life insurance, but they are guaranteed not to increase. Whole life insurance includes a death benefit payout and the possibility of dividends, which adds to the value of the policy. It's very easy to receive a life insurance quote for each type of policy online, via email or by phone.

MetLife has two different universal life insurance policies – universal and variable universal. Both policy types feature lifetime coverage, cash value and income replacement payouts for beneficiaries. Ultimately, the variable universal life insurance policy functions as a financial investment as well as life insurance coverage. Variable universal life insurance accrues cash value as incorporated stocks and bonds mature. Both universal life policies are flexible in terms of premiums and cash withdrawal; however, the variable policy is slightly more risky as it is tied to the fluctuations of the market.

Survivorship insurance covers a couple and pays out death benefits regardless of who passes first. MetLife offers competitive premiums and long-term care options with their survivorship life insurance. The only potential drawback of MetLife is that it can be difficult to end your contract with the company.

Pricing & Premiums
Compare
10/10
MetLife
State Farm Insurance
ING
Prudential
American General
SBLI
New York Life
Liberty Mutual
Fidelity Investments
Genworth Financial
10
9.4
10
8.8
8.1
10
8.1
8.1
9.4
8.1

MetLife’s premiums are routinely lower than the competition’s. This is true across the board, including smokers, the elderly and families, but their premiums stand out as the best bargain for term life insurance rates. MetLife’s term insurance covers policyholders for a specific period of 10, 15, 20 or even 30 years. In the event of a policyholder’s death, MetLife pays out a death benefit to the beneficiaries of the policy. When you receive a MetLife term life insurance quote, you'll find term life covers anywhere from a few thousand dollars up to multiple millions – the payout potential of term insurance with MetLife increases with higher premiums.

Additional Services
Compare
10/10
MetLife
State Farm Insurance
ING
Prudential
American General
SBLI
New York Life
Liberty Mutual
Fidelity Investments
Genworth Financial
10
10
9.4
8.8
8.8
7.5
8.8
8.8
7.5
5

MetLife’s exceptional life insurance offerings only represent a fraction of the services they provide. For clients more interested in retirement than death benefits, MetLife provides a series of annuities that guarantee payouts for life. The specific conditions, much like those associated with MetLife life insurance, are tied to a single payment, market fluctuations or cumulative value of payments made into the annuity account. Depending on your future plans, you’ll probably want to select from MetLife’s deferred annuities, immediate annuities or IRAs.

More traditional financial planning options can be addressed with MetLife too. MetLife financial planners can help you manage retirement funds, mutual funds, home loans and savings accounts. For small business owners, MetLife can reduce the headaches associated with configuring and maintaining employee benefits. MetLife’s employee benefits services include disability, dental, auto, home, catastrophic and life insurance.

Help & Support
Compare
10/10
MetLife
State Farm Insurance
ING
Prudential
American General
SBLI
New York Life
Liberty Mutual
Fidelity Investments
Genworth Financial
10
10
9.4
10
9.4
9.4
10
9.4
10
8.8

Insurance is designed to protect you from disasters, unforeseen catastrophes, family crises and financial hardship. That’s why it is critical that an insurance company has competent and responsive support staff. MetLife provides a superior customer service experience. Representatives and agents are responsive and available on a local level as well as centrally via telephone and email. For international businesspeople and individuals, MetLife offices and support are available worldwide.

MetLife Summary:
10/10

MetLife is best provider of life insurance that we reviewed. It gives you a variety of options to choose from for not only life insurance but other investment options as well. It can be difficult to get out of a contract, but this is common among life insurance providers. It makes up for this with its low prices, wonderful customer service and exceptional features.

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MetLife

Pros
MetLife offers all of the best life insurance choices such as term, variable, universal, whole and survivorship.

Cons
As with other insurance companies, it can be difficult to drop services purchased from MetLife due to contractual duties.

The Verdict
: 10/10

MetLife is the most flexible and affordable life insurance provider, a superior choice for your needs.

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