MetLife Suspends IDI Sales

Discussion in 'Disability Insurance Forum' started by Brian Anderson, Apr 20, 2016.

  1. Brian Anderson
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    Brian Anderson Moderator Moderator

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  2. DHK
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    DHK Well-Known Member

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    Makes sense. Typically individual DI is sold by agents, and if their agents are now with MassMutual, they'll probably sell MassMutual DI, not Met Life.

    Now that I think about it, I don't recall there ever being a thread on this forum discussing Met Life DI? We've talked about MassMutual, Guardian, Mutual of Omaha, Assurity, and I'm sure a few others, but I don't recall any discussion of Met Life.

    I wonder how competitive they really were?
     
  3. Mattschmidt
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    Mattschmidt Well-Known Member

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    been rumored for several months. A metlife sales rep. told us about this ahead of time. No surprise
     
  4. Tahoe Ray
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    Tahoe Ray Well-Known Member

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    They were pretty competitive at the 5/6 occ classes. Of course, their CA product was weak so you didn't miss much.
     
  5. DHK
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    DHK Well-Known Member

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    California barely has any companies left in the DI marketplace:
    - MassMutual
    - Guardian
    - Mutual of Omaha
    - Assurity
    - And I'm not sure about Principal...

    But everyone else has essentially left the CA DI marketplace.
     
  6. Tahoe Ray
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    Tahoe Ray Well-Known Member

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    Principal has a solid plan in CA along with some great discount plans.

    Also, the Standard that has some excellent products and is available in CA.

    Frankly, there aren't a ton of DI carriers in any state.
     
  7. ARus
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    ARus Well-Known Member

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    No wonder why?!
     
  8. dgoldenz
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    dgoldenz Moderator Moderator

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    They had great benefits and the best rates for a lot of physician occupations, sold a bunch of Income Guard since it was introduced....sucks, more business for Guardian now.
     
  9. David Block
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    David Block Well-Known Member

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    It is my understanding that they intent to reintroduce the product once they figure out a distribution model and close out some of their divisions to make them "too small to fail" :)!
     
  10. ChubbyChecker
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    Why is DI in California, specifically, a weak product?
     

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