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MetLife Pioneers Variable Rider: Metropolitan Life Insurance Co., New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, has introduced a rider to its whole life insurance product line that adds variable life insurance to a base whole life policy.

The rider, the Equity Enricher, gives the policyholder Policyholder

An individual who owns an insurance policy.
 a means of participating in the upside potential Upside potential

The amount by which analysts or investors expect the price of a security may increase.


upside potential

The potential price or gain that may be expected in a security or in a security average, generally stated as the dollar
 of the equity markets while maintaining all of the guarantees of whole life, said Joseph W. Jordan, senior vice president of marketing for MetLife Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
.

It combines with a fixed option rider, the Enricher, to try to accumulate more cash value or a greater death benefit. The riders use additional premium payments to purchase paid-up insurance in addition to MetLife's L-98, a whole life policy that offers guaranteed death benefit, cash value and level premiums.
COPYRIGHT 2001 A.M. Best Company, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Best's Review
Article Type:Brief Article
Geographic Code:1USA
Date:Mar 1, 2001
Words:124
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