by John Darer® CLU ChFC MSSC RSP CLTC
This is a great move by MetLife.
MetLife has announced the release of its new annuity online portal called “MyBenefits” is now live for all Structured Settlement Annuit
ants. Annuitants can log in to the portal to access information on their specific contracts and their payments. MetLife annuitants will now be able to make administrative requests like bank and address changes to keep their account up to date online. MyBenefits also houses a glossary of helpful terms and answers to FAQs. Details for MyBenefits, including how to register, are provided in the certificate/contract welcome package sent to annuitants.
The initial roll out includes contracts issued with numbers beginning with 20XXX, which my sources tell me goes back to November 2015. Additional contracts will be added and the project to include all contracts is targeted to be online by the end of 2017.
Metlife underwrites structured settlement annuities through two underwriting companies: Metropolitan Life Insurance Company and Metropolitan Tower Life Insurance Company