Our Products

Providing the right group insurance solution means superannuation funds and employee groups can use the insurance offering as a clear competitor differentiator in the benefits offered to members and employees.  MetLife’s group insurance solutions are tailored and flexible, ensuring they meet the needs of members and employees.  Our goal is to provide the best insurance solutions to ensure the benefit offerings of our clients to their members and employees stands out in the marketplace.

Group Life

Group Life insurance provides a lump sum upon the death, terminal illness or total and permanent disablement (TPD) of an insured member.  This product also provides financial protection for individuals and their families when they need it most, so they can cover expenses incurred during difficult times.

MetLife’s products are flexible with benefits including:

• flexible and innovative solutions for funds, employers and members;
• choice of cover design;
• cover through Superannuation or Non-superannuation policies;
• flexible automatic acceptance limits;
• continuation option for members;
• terminal illness benefit;
• cover to age 70 (optional); and
• a maximum death benefit of $5 million and a maximum TPD benefit of $3 million. 

Please download our product information booklet to view more of our product benefits.

Income Protection

MetLife offers Income Protection solutions with a number of benefits to the members and employees of its clients.  Income Protection insurance helps replace an individual’s regular salary or earnings if they are unable to work for a period of time due to sickness or injury, by providing a regular income stream for an agreed period of time.  This allows the member to focus on getting better and recuperate from their injury or illness.

MetLife offers two Income Protection products with benefits including:

• up to 75% of monthly income;
• option of additional cover up to 10% extra benefit of monthly income for compulsory employer superannuation contributions;
• rehabilitation and recurrent disability benefit;
• option of annual CPI claims increase;
• option of varying waiting periods from 30 to 90 days; and
• benefit periods of 2 or 5 years or up to the age of 65.

Please download our product information booklet to view more of our product benefits.