MetLife floats a VA buyout offer
The firm would shift variable annuity values to fixed-interest-rate accounts for clients who accept it.
It’s been years since insurance companies dangled buyout offers or contract exchanges to annuity owners – but MetLife is planning to do just that.
The company, which no longer sells individual annuities in the US, will be reaching out to about 5,000 contract holders in the coming months, acco
Learn more about reprints and licensing for this article.