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LIFE | UNIVERSAL

Producer Guide

MetLife Premier Accumulator Universal LifeSM

For Producer Use Only. Not for Public Distribution.


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Table of Contents

POLICY OVERVIEW

General Description ................................... 2

Availability .................................................. 2

Issue Age and Risk Class ............................. 2

Face Amounts ............................................. 2

Face Amount Banding ................................ 2

Death Benefit Options ................................ 3

Death Benefit Proceeds .............................. 3

Premiums .................................................... 3

Definition of Life Insurance ....................... 4

Policy Charges ............................................ 4

Interest Rates .............................................. 5

Cash Withdrawals ....................................... 5

Policy Loans ................................................. 5

Policy Surrender .......................................... 6

Age 121 Processing ...................................... 6

Lapse Processing.......................................... 7

Policy Changes ............................................ 7

RIDERS

Acceleration of Death Benefit

Rider (ADBR) .....................................................7

Overloan Protection Rider (OPR) ....................8

Waiver of Specified Premium

Rider (WSP) .......................................................8


1

Policy OverviewGENERAL DESCRIPTIONMetLife Premier Accumulator Universal Life (PAUL) is

designed to combine death benefit protection with high early

cash value accumulation for increased flexibility as well as

competitive long term cash value accumulation for income

needs.

Product Features: n High early cash value accumulation

n 1% of typical Universal Life surrender charges

n Wash loans after policy year 20

n Allows 1035 exchanges with carry-over loans

n Guaranteed Issue class

n Optional riders: Accelerated Death Benefit Rider,

Overloan Protection Rider, and Waiver of Specified

Premium Rider

MetLife Premier Accumulator Universal Life is issued by

MetLife Insurance Company USA in all jurisdictions except

New York where it is issued by Metropolitan Life Insurance

Company (collectively referred to as the “Company”).

AVAILABILITYMetLife Premier Accumulator Universal Life is available on a

fully underwritten basis as well as on a Guaranteed Issue basis.

Unisex rates are available for qualifying business cases, qualified

plans and for all policies issued in Montana. Please check the

current state approval list for the availability of the base policy

and riders in individual states.

Term and Group ConversionsTerm conversions to MetLife Premier Accumulator Universal

Life are allowed within issue age and face amount limits.

Additional benefits and riders may be added to the new

policy subject to Company approval and underwriting

review. This product is not available for group conversions.

ISSUE AGE AND RISK CLASSThe insured’s issue age is determined using the Age Nearest

Birthday rule. The Policy Start Date1 can be backdated up to

180 days (state variations may apply) from the application

signature date to conserve age.

The following risk class and issue age combinations are

available:

Permanent and temporary flat extras, or combinations of

the two, are allowed for all issues ages and all risk classes

except Elite. The maximum combined flat extra amount

allowed for issue ages 18-80 is $40 per $1,000. The maximum

combined flat extra amount for issue ages 81 and above is

$10 per $1,000.

FACE AMOUNTS

Minimum

For qualified pension cases, the minimum face amount is

$25,000.

Maximum

The maximum policy face amount is subject to normal un-

derwriting guidelines.

FACE AMOUNT BANDING

Elite $250,000

Preferred $100,000

Standard, Substandard, Guaranteed Issue and Juvenile $50,000

Risk Face Amount

$50,000–$99,999 ($25,000 for qualified pension cases)

$100,000–$249,999

$250,000–$499,999

$500,000–$999,999

$1,000,000 and above

Face Amount of Insurance

1 Policy Start Date is the date shown on the policy specifications page and may differ from the date on which the policy is actually issued, which is called the “Policy Issue Date”. The Policy Start Date is used to measure issue age, policy years, policy months and anniversaries. The Policy Issue Date is used to measure the suicide exclusion and incontestability periods.

2 For issue ages 81-85, the only substandard table ratings available are B, C, and D.

Elite Nonsmoker 18–80

Preferred Nonsmoker and Smoker 18–80

Standard Nonsmoker and Smoker 18–85

Substandard Nonsmoker and Substandard Smoker 18–852 Juvenile 0-17 Guaranteed Issue Nonsmoker and Smoker 20–70

Risk Class Issue Ages


2

DEATH BENEFIT OPTIONSTwo death benefit options (DBOs) are available:

DBO A (Level), which provides for a death benefit equal to

the greater of:

The policy face amount, and

The policy’s cash value times the applicable minimum

death benefit factor.

DBO B (Increasing), which provides for a death benefit

equal to the greater of:

The policy face amount plus the current cash value,

and

The policy’s cash value times the applicable minimum

death benefit factor.

DEATH BENEFIT PROCEEDSAt the death of the insured, the policy proceeds payable are:

The policy death benefit as defined under the current

policy death benefit option; plus

Any insurance on the insured provided by riders

(unless the rider’s death benefit is reflected in the death

benefit of the policy); plus

Premium payments received after death; plus

The cost of insurance from the date of death to the end

of that policy month; minus

Any amount due and unpaid under the grace period

provision as of the date of death; minus

Any loan and accrued loan interest as of the date of

death including previous surrenders that may have

been reversed under the surrender provision.

PREMIUMSThe policy allows for flexible premiums. Clients have the

option of varying the amount and timing of their premium

payments (subject to certain conditions).

Premium ModesThe following premium modes are available:

Annual

Semi-Annual

Quarterly

Monthly (Electronic Payment, Government Allot-

ment, and Salary Savings)

List Bill is available for all modes. Direct billing is not avail-

able for monthly mode.

Minimum Premium to Issue The Minimum Premium to Issue (MPI) is the premium

amount that when paid at issue assures there is sufficient

policy cash value to cover the first year surrender charge and

pay the monthly policy charges to the next modal premium

due date. The MPI for a policy varies by premium mode and

is printed on the policy illustration.

Planned Modal PremiumThe planned modal premium is the amount the policy owner

indicates will be paid on the selected modal basis for the

identified duration. The planned modal premium is shown

on the policy specifications pages.

1035 Exchanges and Planned First-Year Lump Sum1035 exchanges or any planned first-year lump sum is ex-

pected to be paid within 12 months of the Policy Start Date.

Gross Premium Gross premium, which includes cash and cash equivalent

payments, 1035 exchanges (including carryover loan

amounts), payments applied to a policy under a Waiver of

Specified Premium rider, and term conversion credits, is

subject to the Percent of Premium Charge. Loan repayments

are not considered gross premium.

Target PremiumThe target premium is a calculated premium used for

commissions and premium load determinations. Paying the

target premium does not assure that the policy will remain

in force.

The target premium rates for the base policy are per

thousand of face amount and vary by issue age, sex, risk

class and band. The target premium for the base policy is

not increased for flat extras (temporary or permanent) and

is capped at Table D for table rated cases.

Policy riders may also have associated target premiums.

The rider target premium is added to the base policy target

premium for the total policy target premium. For PAUL,

WSP has a target premium; however, OPR and ADBR do

not have target premiums.

The target premium for the original base piece of coverage is

not recalculated for a face increase; rather, the face increase

segment of coverage has its own target premium which is

added to the initial base policy target premium and any rid-

er target premium for the new total policy target premium.

The base policy target premium is recalculated for face de-

creases after the first policy year. The policy target premium

is also recalculated when riders are dropped and added, if

there is a misstatement of age or gender, and when there is a

change in the insured’s risk class.

3


Seven-Pay Premiums The Internal Revenue Code, section 7702A, defines the

maximum premium, the 7-pay limit that can be paid into a

policy during the first 7 policy years or 7 policy years after a

material change, in order to avoid having the policy classified

as a Modified Endowment Contract (MEC). Designation

of a policy as a MEC can result in adverse income tax

implications for withdrawals, loans, and assignments or

pledges of any portion of the value of the policy. MEC status

can be avoided if the policy owner elects to receive a refund

of the excess premium, with interest, within 60 days after

the end of the contract year in which the excess premium

was contributed. MEC status due to a reduction in benefits

as a result of nonpayment of premiums can be reversed if

benefits are reinstated within 90 days after the reduction.

The Company will notify the policy owner when a policy

becomes a MEC.

DEFINITION OF LIFE INSURANCESection 7702 of the Internal Revenue Code requires that a

policy meet one of two tests, the Guideline Premium Test

(GPT) or the Cash Value Accumulation Test (CVAT),

in order to qualify as life insurance. Both of the tests are

available for PAUL but, once the definition of life insurance

test is selected at issue, it cannot be changed.

Guideline Premium Test If GPT is chosen, the policy must meet two criteria in order

to qualify as life insurance. The cumulative premiums paid

cannot exceed, on any date, the greater of the guideline

single premium and the cumulative guideline annual

premiums to date. Premiums received in excess of the limit

will be rejected. Additionally, the policy death benefit will

never be less than the greater of:

the applicable IRS Corridor Factor times the policy’s

cash value and

the policy face amount, for Death Benefit Option

(DBO) A policies, or the policy face amount plus the

policy cash value, for Death Benefit Option B policies.

In no event will the death benefit be less than the minimum

amount required for the policy to be treated as life insurance

for Federal income tax purposes.

Policy changes, including the addition or deletion of certain

riders, can cause the recalculation of the guideline single

and guideline annual premiums.

GPT is generally a better choice if premiums are expected

to be paid in all policy years; or if the policy will be highly

funded and an increase in death benefit is desired in later

years.

Cash Value Accumulation Test

If CVAT is chosen, in order to qualify as life insurance, the

policy death benefit will never be less than the greater of:

the applicable Net Single Premium Corridor Factor

times the policy’s cash value; and

the policy face amount, for DBO A policies, or the policy

face amount plus the policy cash value, for DBO B

policies. In no event will the death benefit be less than

the minimum amount required for the policy to be

treated as life insurance for Federal income tax purposes.

Additionally, the Company imposes a first year premium lim-

it, called the maximum initial premium, equal to the policy

Net Single Premium grossed up by the percent of premium

charge.

CVAT is generally a better choice for a policy with a large

dump-in, when the policy will be highly funded in the early

years, or when an increase in death benefit is desired as early

as possible.

POLICY CHARGESMonthly DeductionWe deduct the monthly policy charges from the cash value

at the beginning of each policy month. The sum of these

charges is called the Monthly Deduction. The charges

included in the Monthly Deduction are the:

Monthly Coverage Expense Charge

Monthly Policy Charge

Monthly Rider Charges, if applicable

Monthly Cost of Insurance

Monthly Coverage Expense Charge

Each piece of base coverage has its own Monthly Coverage

Expense Charge (MCEC). The charge is equal to the coverage

face amount times its applicable MCEC rate for the year;

divided by 1,000. The MCEC rates vary by coverage segment

issue age, risk class, and the length of time the coverage is

inforce (state variations apply), and by policy face amount

band, sex, and death benefit option. The current MCEC rates

may be less than the guaranteed MCEC rates.

Monthly Policy ChargeThe policy charge is $10 per month on a current and

guaranteed basis.

Rider ChargeThe cost of optional riders, if they have a monthly charge, is

included in the Monthly Deduction. For PAUL, only WSP

has a monthly charge.


4

Monthly Cost of Insurance ChargeEach piece of base coverage has a Monthly Cost of

Insurance (COI) Charge which covers the cost of providing

insurance coverage for the next month. The COI rates are

per thousand of net amount at risk and vary on a current

basis by coverage segment attained age, risk class, and time

the segment is in force and by policy band, sex, and death

benefit option.

The guaranteed COI rates vary by attained age, risk class, sex,

smoking status and the time that the segment is inforce.

Unisex rates use the 80% male/20% female blended COI

rates.

Other Charges Percent of Premium ChargeWe deduct a percent of premium charge from the gross

premium received.

The Percent of Premium Charge covers premiums received

for both the initial face amount and for any requested

increase. On a current basis, this charge equals 33% of the

premium up to the target premium for the first policy year,

8% of the premium up to the target premium for all other

policy years, and 3% of the premium in excess of the target

premium in all policy years.

The guaranteed maximum premium load equals 43% of the

premium up to the target premium for the first policy year,

18% of the premium up to the target premium for all other

policy years, and 13% of the premium in excess of the target

premium in all policy years.

Surrender ChargeA surrender charge applies for the first 15 policy years, and

for 15 years after policy face increases. Surrender charges for

PAUL are 1% of typical Universal Life surrender charges. Sur-

render charges apply to full surrenders, partial withdrawals

that decrease the face amount, DBO changes that reduce the

policy’s face amount and requested face amount decreases.

The surrender charge rates vary by issue age, sex, smoking

class, band, and length of time the coverage is inforce. The

surrender charge remains level the first coverage year then

decreases monthly, over the next 14 years, until it reaches $0

at the end of the fifteenth year. A surrender charge does not

apply to any death benefit amount in excess of the policy face

amount which is associated with DBO B.

Each segment of coverage will have its own surrender charge

period.

INTEREST RATESCurrent Interest Crediting RateThe current interest crediting is based upon a portfolio-

crediting method determined by investment returns. The

rate can be changed at any time but currently, is reviewed on

a quarterly basis.

Guaranteed Interest RateThe guaranteed minimum interest crediting rate on the

policy cash value is 2% per year for the life of the policy.

CASH WITHDRAWALSAfter the first policy anniversary, withdrawals from the

policy’s cash value can be made at any time. For DBO A

policies, withdrawals reduce the face amount dollar-for-

dollar and will result in a surrender charge during the policy

surrender charge period. For DBO B policies, the death

benefit is reduced by the amount of the withdrawal but the

face amount does not decrease and, therefore, the withdrawal

does not result in a surrender charge.

The minimum partial withdrawal amount is $100. The

maximum withdrawal is the greater of:

90% of the policy’s net cash surrender value as of the

beginning of the policy year; and

Last year’s maximum allowable withdrawal amount less

any prior withdrawals in the current year.

But, no withdrawal will be processed unless:

the cash surrender value after the withdrawal is large

enough to cover two monthly deductions, the face amount after the withdrawal is at least the

minimum policy face amount shown on the policy

specifications page and the policy continues to qualify as life insurance under

applicable tax law.

Currently, up to 12 withdrawals per policy year are allowed

without any charge. The Company reserves the right to charge

an administrative fee for withdrawals, up to a maximum

$25 per withdrawal, and to change the maximum number

of withdrawals allowed during a policy year. However, the

maximum number of withdrawals will never be less than the

number specified on the policy specifications page.

POLICY LOANSLoans can be taken at any time after policy issue, provided

there is sufficient loan value. Loans will decrease the cash

surrender value and death benefit.


5

Basic Policy Loan Rules

The maximum amount available for a loan is:

100% of the current cash value as of the loan request

date; plus Interest to the next policy anniversary on the cash

value at the guaranteed interest crediting rate; minus Any applicable surrender charges; minus The most recent monthly deduction charged times the

number of policy months until the next policy

anniversary; minus Loan interest at the guaranteed loan interest rate due

at the next anniversary on the existing loan balance

plus the maximum incremental loan; minus Any outstanding loan balance, as of the loan request

date.

When a loan is taken, an amount equal to the loan is

transferred from the policy cash value to a loan collateral

account.

The loan collateral account is credited with the guaranteed

interest rate of 2%. In order for a policy to remain in force,

the total amount of the loan, including accrued interest,

plus any surrender charge, must not exceed the policy’s

cash value. Notification will be sent to the policy owner if

a premium or loan payment needs to be made to keep the

policy in force. There is a 62-day grace period in the policy.

If the amount due remains unpaid at the end of that grace

period, the policy will lapse without value.

Loan Interest RateLoan interest is compounded daily and is payable in

arrears on each policy anniversary. Unpaid loan interest

is capitalized and begins to accrue loan interest. 1035

exchanges to MetLife Premier Accumulator Universal

Life from policies with loan balances are allowed. The

maximum loan carryover is 50% of the exchanged policy’s

gross cash value.

Preferred LoansA non-guaranteed preferred loan rate applies in the first 20

years for 1035 exchange carryover loans.

* These rates are current as of May 31, 2015 and subject to state variations.

**There is no preferred loan rate in NY.

On a guaranteed basis, the maximum loan interest rate is

5% in years 1-20 and 4% in years 21+.

Loan RepaymentsA payment must be designated for loan repayment or it will be credited as a policy premium. Payments designated as loan repayments will be applied to outstanding loan balances in this order:

1. Regular (non preferred) loan principal

2. Regular (non preferred) loan interest

3. Preferred loan principal

4. Preferred loan interest 5. Premium payment

A loan repayment received at the time of the policy anniversary is applied first to interest.

POLICY SURRENDERA policy may be surrendered for its net cash surrender

value at any time. If the surrender occurs on a monthly

policy anniversary date, the net cash surrender value (cash

value less surrender charges and loan balance) will not

be reduced by any monthly deductions. If the surrender

occurs on a date other than a monthly policy anniversary

date, any unearned COI charge will not be refunded. If the

insured dies after the policy is surrendered but prior to the

next monthly anniversary date, then the surrender will be

reversed, the surrender will be considered as a loan without

interest and the death proceeds will be equal to the amount

defined in the Death Benefit Proceeds section.

AGE 121 PROCESSINGPolicy ChargesNo policy charges are deducted from the policy’s cash value on

and after the policy anniversary at which the insured is attained

age 121.

PaymentsAfter attained age 121, premium payments are accepted if they

are required under a grace provision to keep the policy in force.

LoansNew loans, additional loans, loan interest payments and loan

repayments are allowed. Loan interest continues to accrue and

be due each anniversary.

Extension of Maturity ProvisionAn extension of maturity provision is automatically

included on all policies. This provision provides, subject

to any applicable state variations, for the continuation of

the policy after maturity, provided the policy is in force at

maturity, which is the insured’s attained age 121. There is

no charge for this provision.

The death benefit calculation at attained age 121 varies by

death benefit option and state.

Policy Year

Loan Type

Current Loan Interest Rate*

Loan Crediting

Rate

Net Loan Cost

1-20 Regular 3.0% 2.0% 1.0%

1-20 Preferred** 2.5% 2.0% 0.5%

21+ Both 2.0% 2.0% 0.0%


6

LAPSE PROCESSINGOn the day the monthly policy charges are deducted, if the cash

surrender value is insufficient to cover all of the charges, the

policy enters a 62-day grace period. If the amount due remains

unpaid at the end of that grace period, the policy will lapse.

Notification of grace period and lapse is mailed to the policy

owner, any assignee(s) and the servicing producer.

POLICY CHANGES Face Amount ChangeThe policy owner can increase or decrease the face

amount. However, face increases will be subject to

underwriting.

Increases in Face AmountA policy owner may increase the face amount at any time

after the first policy year. Each face increase has its own

target premium, and its own surrender charge based on

attained age and current risk class. Any increase in face

amount is subject to the following conditions:

Proof of insurability for the increased coverage. Minimum increase amount must be at least $5,000. Maximum attained age of the insured is 85 on the date

of the increase.

New insurance must be available under our current

underwriting rules on the same plan at the Attained Age of

the Insured on the date of the Requested Increase. The total

face amount after the increase cannot be greater than our

published maximums.

Decreases in Face AmountA policy owner may decrease the face amount any time after

the first policy year. Any decrease in face amount is subject

to the following conditions:

Minimum allowed face amount decrease is $5,000.

The face amount cannot be reduced below the

minimum of $50,000 ($25,000 in pension cases).

Surrender charges assessed, if applicable.

Unless otherwise requested in writing, a requested face

decrease would be processed in the following order:

Previously underwritten face amount increases,

starting with the most recent increase;

The initial face amount;

Then any face amount increase ascribed to the death

benefit option change.

Death Benefit Option ChangesDeath Benefit Option (DBO) changes are allowed after the

first policy anniversary until maturity. The effective date of

the change is the date the request in received in good order.

The death benefit payable after the change must remain the

same as before the change. The Company reserves the right

to require underwriting for death benefit option changes.

Change from Option A to Option B If the DBO is changed from DBO A to DBO B, then the

policy face amount is decreased by the cash value amount.

This decrease will incur a surrender charge if the policy

is within the surrender charge period. The face amount

cannot be reduced below the minimum of $50,000 ($25,000

for pension cases).

Change from Option B to Option A If the policy is changed from DBO B to DBO A, then the

face amount will be increased by the current cash value

amount to equal the previous death benefit on the effective

date of the change.

Riders3

ACCELERATION OF DEATH BENEFIT RIDERGeneral DescriptionThe Acceleration of Death Benefit Rider (ADBR) provides

for a discounted payment of all or a portion of the amount

that would normally be paid to the beneficiaries upon the

death of the insured under the base policy. Such payment

will be made once a physician certifies that the insured has

been determined to be terminally ill, with 12 months (24

months in some states) or less to live. The payment under

this rider is made to the policy owner(s), not the policy ben-

eficiary and may be taxable or may adversely affect eligibility

for benefits under state or federal law. Please consult a tax

advisor to determine the effect prior to exercising the rider.

AvailabilityThis rider is available for all issue ages and risk classes, at

issue and after issue, and may only be exercised once.

Rider ChargesThere is no monthly charge for this rider. A onetime

administrative fee, not to exceed $150.00, is charged at rider

exercise.

Amount Available for AccelerationThe minimum amount that can be requested under this rider

is $20,000. The maximum amount that can be requested

3 Not all riders are available in all states and state variations apply.


7

is the greater of: $250,000 or 10% of the eligible death benefit

proceeds. If the policy proceeds are between $250,000

and $275,000, the policy owner may elect to accelerate the

full amount. If less than the full amount is requested, the

remaining policy death benefit must be at least $50,000.

Minimums and maximums are subject to state law.

If less than the full amount is requested, all future policy

values, charges and premiums will be reduced to reflect the

lower coverage.

OVERLOAN PROTECTION RIDERGeneral DescriptionThe Overloan Protection Rider (OPR) is designed to pre-

vent a policy from lapsing due to indebtedness. The tax

treatment of the Overloan Protection Rider is uncertain. In

particular, it is not clear whether the Overloan Protection

Rider will be effective to prevent taxation of the outstanding

loan balance as a distribution. Anyone contemplating the

purchase of the policy with the Overloan Protection Rider

should consult a tax advisor.

AvailabilityThis rider is available for issue ages 0 – 70, and is not

available in the qualified market. For policies using the

Guideline Premium Test, the rider is automatically included

at issue. It is not available on policies using the Cash Value

Accumulation Test.

Rider ChargesThere is no charge for this rider until it is exercised, when a

one-time charge of 3.5% of the policy’s cash value including

the amount of the loan, is assessed. If the rider is exercised

after age 100, the charge is waived.

Requirements to Exercise1. The policy must have been inforce for at least 15 years.

2. Insured must be at least age 75.

3. The policy loan balance must be greater than 95% of the

cash value, but not more than 99.5%, of the cash value,

after the OPR charge is taken.

4. The debt must be greater than the face amount.

5. The DBO must be Option A. If the DBO is Option B, the

DBO will automatically be changed to Option A at the

time of rider exercise.

6. The entire policy cost basis must have been withdrawn.

7. There must be sufficient policy value to cover the rider

charge.

8. The policy cannot be a MEC.

The policy owner will be notified of their initial eligibility

to exercise the rider and given a 30-day window to inform

MetLife that they wish to exercise the rider. Only one notice

will be sent.

Post-Exercise:

All riders are cancelled; no future benefits from them

will be available.

Policy charges will no longer be deducted.

No additional premium payments can be accepted.

No partial surrenders, partial withdrawals or additional

loans can be made.

The current loan balance will remain on the policy,

and will affect the cash surrender value and the death

benefit.

No additional policy changes are allowed.

Loan interest continues to accrue and will be due

on the policy anniversary.

Loan repayments can be made at any time.

Rider DeactivationAfter the rider has been exercised, it can be deactivated if

requested in writing. Upon deactivation, monthly deductions

will resume beginning on the monthly anniversary after the

date of deactivation. Policy restrictions due to exercising

this rider no longer apply. Previously cancelled riders will

not be reinstated and new riders may not be added to the

policy after OPR has been deactivated.

TerminationThis rider can only terminate if the base policy terminates

or upon request of the policy owner.

WAIVER OF SPECIFIED PREMIUM RIDER General Description The Waiver of Specified Premium (WSP) Rider provides for

a monthly benefit amount to be credited to the policy as a

premium if the insured becomes totally disabled, as defined

by the rider, before the policy anniversary at attained

age 65. The monthly benefit amount is selected when

the rider is issued, and does not have to equal the policy

planned premium. The monthly WSP benefit amount is

not guaranteed to keep the policy in force and all monthly

policy charges continue to be deducted during disability,

including the charges for WSP.

AvailabilityThis rider can be added to non-qualified policies up to

issue age 60, at issue or after issue, subject to underwriting

approval. The maximum total base face amount for the

rider is $5,000,000, inclusive of coverage with MetLife and


8

with other companies. For insureds under the age of 15, the

maximum is $750,000 and for policies table rated D – F, the

maximum total base face amount is $500,000.

Risk Classes and UnderwritingWSP is not available if the base coverage has a table rating

greater than F or a flat extra, permanent and/or temporary,

in excess of $10 per thousand. The WSP rider is rated

separately from the base plan and the rates are not sex

distinct. The available ratings are 100%, 150%, 200%, 250%

or 300% of the standard WSP rating.

Rider ChargesThe charge for this rider is based on the insured’s attained

age and the rates are expressed as an amount per $100 of

benefit amount.

WSP Amount LimitsThe minimum monthly WSP benefit is $10. The maximum

monthly WSP benefit is equal to 1/12 of the base policy

guideline annual premium, calculated without any riders.4

Changes in WSP LimitsCoverage under this rider can be increased, subject to

underwriting rules, only if the face amount of the policy is

increased and the insured is not totally disabled.

Rider BenefitsDisability Beginning Before Attained Age 60

If the insured’s total disability (as defined by the rider) begins

before attained age 60 but after attained age 5, the Company

will credit the monthly premiums waived that were due during

a six month period of uninterrupted disability. Subsequently,

the Company will continue to credit the monthly premiums

waived as long as the insured remains totally disabled of the

policy’s cash value in the Fixed Account will be an annual

effective rate of 3%. The Company may credit a higher rate.

The Fixed Account uses a portfolio crediting rate which

means that all money in the Fixed Account will be credited

with the same interest rate.

Disability Beginning Between Ages 60 and 65 Transfers

If the insured’s total disability (as defined by the rider)

begins between attained ages 60 and 65, the Company will

credit the monthly premiums waived that were due during a

six month period of uninterrupted disability. Subsequently,

the Company will continue to credit the monthly premiums

waived as long as the insured remains totally disabled, until

the insured is attained age 65.

Definition of Total DisabilityThe Company will consider the insured totally disabled if

he or she is unable to perform the substantial and material

duties of his or her regular occupation because of accidental

bodily injury or sickness first manifesting itself after the

issue date of the rider. However, after such a period of total

disability has continued for 60 months, the Company will

consider the insured to be totally disabled only if he or she

is unable to perform the substantial and material duties of

any occupation for which he or she is reasonably fitted by

education, training or experience.

The Company will consider the total and irrecoverable loss

of the sight in eyes, the use of both hands or both feet, or the

use of one hand and one foot as a total disability, even if the

insured is working at an occupation.

Recurrent Total DisabilityIf a subsequent period of total disability commences after a

prior period of total disability has ended, the Company will

consider the subsequent period to be a continuation of the

previous period unless:

It is due to an entirely different cause; or

The insured has performed all of the material and

substantial duties of a gainful occupation for a continuous

period of six months or more between such periods of

total disability.

Termination

The rider will terminate on the first of the following events

to occur:

When the insured reaches attained age 65;

The lapse or surrender of the policy;

The date of an increase in the face amount of the policy

that does not qualify for an increase in coverage under

the rider.

4 This amount cannot be exceeded. If the face amount of the policy is decreased, the WSP amount may also need to be decreased to comply. Rider coverage could be reduced to adhere to the above guidelines.


Metropolitan Life Insurance Company200 Park Avenue, New York, NY 10166

MetLife Insurance Company USA11225 North Community House RoadCharlotte, NC 28277metlife.com

Please Note: MetLife Insurance Company USA and Metropolitan Life Insurance Company have designed this document to provide introductory information on the subject matter. State variations apply. Certain riders may not be available in all states. Descriptions herein are incomplete — for a full explanation of the terms and exclusions, please refer to the policy and the riders.

Any discussion of taxes is for general informational purposes only, does not purport to be complete or cover every situation, and should not be construed as legal, tax or accounting advice. Clients should confer with their qualified legal, tax and accounting advisors as appropriate.

Life insurance is medically underwritten. Clients should not cancel their current coverage until their new coverage is in force. Surrender charges may be due on an exchange of one contract for another. A change in policy may require a medical examination. Surrenders may be taxable. Clients should consult their own tax advisors regarding tax liability on surrenders.

MetLife Premier Accumulator Universal Life is issued by MetLife Insurance Company USA on Policy Form 5E-37-14 and in New York only by Metropolitan Life Insurance Company on Policy Form 1E-37-14-NY. All product guarantees are subject to the financial strength and claims-paying ability of the issuing insurance company.

1503-0615 BDUL24668 L0315414932[0317]© 2015 METLIFE, INC. PEANUTS © 2015 Peanuts Worldwide LLC

Life Insurance Products:• Not A Deposit • Not FDIC-Insured • Not Insured By Any Federal Government Agency

• Not Guaranteed By Any Bank Or Credit Union • May Go Down In Value

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