MetLife Broadens Distribution of Deferred Income Annuity Through MetLife Investors; Renames Products

MetLife, the No. 1 variable annuity provider in the U.S. (according to VARDS based on sales premiums as of September 30, 2007), today announced the availability of Longevity Income Guarantee (LIG), MetLife’s retail deferred income annuity, through MetLife Investors, the company’s independent distribution arm.

LIG, previously known as Personal Income Builder and commonly referred to in the marketplace as a version of longevity insurance, is designed to help clients maximize, protect and guarantee income for life in retirement.

MetLife Broadens Distribution of Deferred Income Annuity Through MetLife Investors; Renames Products
Source: Business Wire