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  • For Producer or Broker/Dealer Use Only. Not for Public Distribution.

    LIFE INSURANCE

    NOVEMBER 2014

    Life Underwriting at MetLife.

    Competitive. Responsible.

    The Life Underwriting Guide

  • Our VisionTo contribute to growing MetLifes business by making appropriate decisions that:

    Arecompetitiveinthemarketplace

    Enableproducerstooutpacethecompetition

    EnsureMetLifewillbeherewhenourclientsneedus

    The Life Underwriting Guide provides an overview of the client acquisition process, field underwriting guidelines, routine life insurance underwriting requirements and general information. Circumstances of a particular case may cause changes or additional requirements to be ordered. All underwriting guidelines are subject to change.

    For Producer or Broker/Dealer Use Only. Not for Public Distribution.

    NewPreferredunderwritingguidelinesonpage12

    NewMetLifeQuickPredictSMfieldunderwritingtoolonpage13

    Whats New

  • 1For Producer or Broker/Dealer Use Only. Not for Public Distribution.

    Medical Underwriting Requirements

    TypesofMedicalExams......................................................................................................................................................................... 3

    GeneralMedicalExamProcedures.......................................................................................................................................................... 3

    ParamedicalVendors..................................................................................................................................................................................... 4

    JointLifePolicies.................................................................................................................................................................................... 4

    HIVInformedConsentForms................................................................................................................................................................. 4

    RoutineAttendingPhysicianStatementGuidelines................................................................................................................................. 4

    OrderinganAPSOnline......................................................................................................................................................................... 5

    PrescriptionHistoryDatabase................................................................................................................................................................. 5

    ShelfLifeofUnderwritingRequirements................................................................................................................................................ 6

    Non-Medical Underwriting Requirements

    TelephoneSurveys,ConsumerReportsandMotorVehicleRecords......................................................................................................... 6

    Financial Underwriting Guidelines

    FinancialUnderwritingRequirements..................................................................................................................................................... 7

    IncomeReplacementSales..................................................................................................................................................................... 7

    EstateConservationSales...................................................................................................................................................................... 7

    SafeHarborAmounts............................................................................................................................................................................ 8

    IncomeGuidelines................................................................................................................................................................................. 8

    NetWorthGuidelines............................................................................................................................................................................ 8

    DependencyGuidelines.................................................................................................................................................................... 9-10

    Underwriting Guidelines

    InvestorOwnedLifeInsurance............................................................................................................................................................. 10

    RetentionandReinsurance.................................................................................................................................................................. 10

    ApplicationsInformation...................................................................................................................................................................... 11

    CriteriaGuidelines:

    ElitePlusandPreferredClasses(NonsmokerandSmoker)................................................................................................................. 12

    StandardClassCriteria..................................................................................................................................................................... 13

    FamilyHistoryCardiovascularDiseaseandCancer........................................................................................................................... 13

    RoutineMedicalCare.......................................................................................................................................................................... 13

    HeightandWeightLimitTable............................................................................................................................................................. 14

    ForeignRisks........................................................................................................................................................................................ 15

    CitizensofaForeignCountryWhoResideintheUnitedStates....................................................................................................... 15-16

    ForeignResidents............................................................................................................................................................................ 16-18

    ForeignTravel................................................................................................................................................................................. 18-20

    MilitaryPersonnel................................................................................................................................................................................ 21

    TABLE OF CONTENTS

  • 2For Producer or Broker/Dealer Use Only. Not for Public Distribution.

    Nicotine/TobaccoUseGuidelines.......................................................................................................................................................... 21

    AdverseUnderwritingDecisionLetters................................................................................................................................................. 22

    TemporaryInsurance............................................................................................................................................................................ 22

    PolicyStateandApplicationForms....................................................................................................................................................... 22

    Submitting an Application

    TraditionalUnderwriting...................................................................................................................................................................... 23

    TraditionalUnderwritingWithTele-App............................................................................................................................................... 23

    Underwriting Programs

    MetEdgeFacultativeReinsuranceProgram........................................................................................................................................... 23

    TermConversions................................................................................................................................................................................ 24

    ExternalTermConversionProgram.................................................................................................................................................. 24-25

    Group Conversion Checklist............................................................................................................................................................... 26

    Managing Your Cases..................................................................................................................................................................... 27-28

    1035 Exchanges................................................................................................................................................................................ 29-30

    Replacement Forms by State........................................................................................................................................................ 31-32

    Customer Verification Documentation of Owners.................................................................................................................. 33-36

    Contact Informatio

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