MetLife DI Sales Suspension Update
As previously communicated, sales of new MetLife individual disability insurance (IDI) policies will be suspended as of September 1, 2016. The last date to place issued policies is October 31, 2016. As we continue toward this suspension of new MetLife IDI sales, we want to confirm some key dates. MetLife will continue to accept New Business Applications and continue to license, appoint and contract new brokers until August 31, 2016. Please keep in mind, all IDI New Business Applications must be received (in good order) in MetLife’s Tampa service office by September 1, 2016. Any IDI New Business Application received after that date will be returned. All issued IDI policies must be placed on or before October 31, 2016. Any applications still pending as of October 31, 2016, will be closed out.