MetLife announced today that it is reducing rates on its Guaranteed Level Term product as part of the company's efforts to enhance its life insurance portfolio.

Guaranteed Level Term is a fully underwritten policy and clients who purchase it will have the opportunity to convert to any of MetLife’s permanent policies at a later date.

"MetLife is committed to ensuring that consumers have access to the life insurance coverage they need," said Gene Lunman, senior vice president of Retail Life and Disability Insurance Products at MetLife. "By continually evaluating our life insurance portfolio, we are able to evolve our product offerings to help consumers protect themselves and their families, and provide financial professionals with products that can meet the needs of a wide array of customers."

For current rates and more information on MetLife’s Guaranteed Level Term, please contact your local financial services representative.

MetLife through its subsidiaries and affiliates ("MetLife"), is one of the largest life insurance companies in the world.