MetLife or First MetLife Investors Insurance Company

MetLife History

MetLife began in 1863, though under a different name. Several business men in New York City pooled $100,000 to create the National Union Life and Limb Insurance Company. This early version of MetLife offered coverage to Civil War soldiers in the event of disabilities, accidents or illnesses resulting from battle. In, 1868, the Metropolitan Life Insurance Company took its present-day name, and shifted focus from disability and injury insurance to life insurance. MetLife President Joseph F. Knapp brought British life insurance programs and principles to MetLife in 1879, creating industrial insurance – a life insurance product given in smaller increments, with premiums collected either on a monthly or weekly basis, at the home of the policy owner. By 1930, MetLife had grown to the point where they insured the life of every fifth person (woman, man or child) in both America and Canada. The 1930’s also began MetLife’s endeavor to reduce individual mortgages in favor of loans for commercial real estate, public utility bonds and investments in government securities. After World War II, MetLife began to market group insurance products.

MetLife at Present

Today, MetLife has more than established itself as a top provider of life insurance, annuities and employee benefits across the globe. MetLife assists about 90 million customers in over 60 countries with their financial planning goals and needs. Specifically, MetLife operates out of United States, Latin America, Europe, Japan, Asia’s Pacific region and the Middle East. In the US, MetLife is the biggest life insurer. MetLife also works with 90 of the largest Fortune 500 companies.

Company Ratings

Following ratings are as of November 17, 2011 and subject change.

* Excluding American Life Insurance Company, negative outlook by Standard & Poor’s.

** American Life Insurance Company on stable outlook by Moody’s and positive outlook by Standard & Poor’s.

BeamaLife Insights

MetLife had very good whole life insurance, universal life insurance and also term life insurance. MetLife will able to compete most of the time in term of premium in all the three types of policies. MetLife is also very fast in underwriting their life insurance policies. MetLife understands the various ethnic groups and their risk profile. Overall its great company to diversify your life insurance portfolio. Please complete this short from to get FREE MetLife Insurance or Annuity Quotes or call (877) 972-3262 now.