Metropolitan Tower Life Insurance Company: A Comprehensive Overview

Metropolitan Tower Life Insurance Company has been providing a range of insurance products since it was founded in 1997. With an extensive range of offerings, it has become one of the leading insurance providers in the country. This article will explore everything you need to know about the Metropolitan Tower Life Insurance Company, including their history, products, and offerings.

History of Metropolitan Tower Life Insurance Company

Metropolitan Tower Life Insurance Company was established in 1997, and it has grown significantly since then. The company was originally founded to provide high-quality life insurance policies to individuals and businesses. Over the years, they have expanded their offerings to include disability insurance, long-term care insurance, and annuities.

Metropolitan Tower Life Insurance Company is a subsidiary of MetLife, which is one of the largest insurance companies in the United States. As a result, the company benefits from the resources of one of the industry’s major players.

MetLife’s Acquisition of Metropolitan Tower Life Insurance Company

In 2016, MetLife acquired the business of the company, and it is now a part of their portfolio of insurance products. This acquisition has allowed Metropolitan Tower Life Insurance Company to continue its growth and expand its offerings. With the backing of MetLife, they are well-positioned to continue providing high-quality insurance products to their customers.

Products Offered by Metropolitan Tower Life Insurance Company

Metropolitan Tower Life Insurance Company offers a range of insurance products to meet the needs of both individuals and businesses. Below are some of the products offered by the company:

Life Insurance

The company offers a range of life insurance policies, including term life, whole life, and universal life. These policies provide financial security to families and businesses in the event of the policyholder’s death.

Term Life Insurance is a policy that provides coverage for a specific period of time, typically 10, 20, or 30 years. Whole Life Insurance is a policy that provides coverage for the policyholder’s lifetime. Finally, Universal Life Insurance is a policy that provides lifetime coverage, while also accumulating cash value.

Disability Insurance

Metropolitan Tower Life Insurance Company also offers disability insurance to help individuals and businesses manage the financial impact of a disability. Disability insurance provides income replacement if the policyholder becomes unable to work due to an injury or illness.

Long-Term Care Insurance

Long-term care insurance is designed to help individuals pay for the costs associated with long-term care. This insurance covers the costs associated with nursing homes, assisted living facilities, and in-home care.

Annuities

Annuities are insurance products that provide regular income payments to the policyholder. Metropolitan Tower Life Insurance Company offers a range of annuity products, including fixed annuities, indexed annuities, and variable annuities.

FAQs About Metropolitan Tower Life Insurance Company

Here are some frequently asked questions about Metropolitan Tower Life Insurance Company:

What is the rating of Metropolitan Tower Life Insurance Company?

Metropolitan Tower Life Insurance Company has an A+ rating from A.M. Best, which is one of the most reputable insurance rating agencies.

How can I apply for insurance with Metropolitan Tower Life Insurance Company?

You can apply for insurance with Metropolitan Tower Life Insurance Company by contacting a licensed agent in your area. You can find a list of licensed agents on their website.

What is the customer service number for Metropolitan Tower Life Insurance Company?

The customer service number for Metropolitan Tower Life Insurance Company is 1-800-638-5433.

Does Metropolitan Tower Life Insurance Company offer online account management?

Yes, Metropolitan Tower Life Insurance Company offers online account management to their policyholders. You can access your account on their website.

What is the claims process for Metropolitan Tower Life Insurance Company?

To file a claim with Metropolitan Tower Life Insurance Company, you will need to contact their customer service department. They will guide you through the claims process and help you file your claim.

Conclusion

Metropolitan Tower Life Insurance Company is a reputable insurance provider that offers a range of products to meet the needs of individuals and businesses. From life insurance to annuities, they have a product that can help you achieve financial security. As a subsidiary of MetLife, they benefit from the resources of one of the largest insurance companies in the country. Contact a licensed agent to learn more about their products and how they can help you achieve your financial goals.