In evaluating their current situation, Brighthouse Financial has decided to close Premier Accumulator Universal Life and Guaranteed Level Term to new sales effective September 27, 2019. This change has no bearing on term conversions as the Conversion Whole Life plan will continue to be available. While we are disappointed by this announcement, we look forward to what Brighthouse will be bringing to the marketplace in 2020.
On March 6, 2017, MetLife new business and post-issue forms transitioned to Brighthouse Life and Brighthouse Life of NY for all applicable products. Brighthouse will continue to accept MetLife new business and post-issue forms through April 4, 2017, for all states but New York. In New York, the new forms must be used immediately. To prevent a paperwork error, we suggest that you destroy all existing MetLife paperwork you have on hand and only use Brighthouse paperwork going forward.