MET SUSPENDING NEW DI SALES 9.16
MetLife Breaking News Announcement - Suspension of Individual Disability Insurance Sales.
As you may have heard, MetLife is suspending new sales of their disability insurance product line as of 09.01.2016. We are sorry to see this occurring, as they have been offering a great contract that is very competitive, especially so in certain markets. I sincerely hope that they will return to the DI marketplace sometime in the future.
They have assured us that they will continue to service their in force contracts themselves and honor all increase options as well as continue renewal compensation on all in force policies after the dates listed below and on the FAQ document linked below.
In the interim, we are proceeding with business as usual and will continue to show the Met product line upon request until it gets closer to the final submission date.