MetLife Japan Launches "Sunny Garden Prime" Single Premium Whole Life Insurance

MetLife Insurance Co., Ltd. (Representative Executive Chairman, President, and CEO: Dirk Ostijn) will launch "Sunny Garden Prime," a single premium whole life insurance product, on April 1st. Sales through financial institution agency channels will commence on the same day*.

"Sunny Garden Prime" is a renewed version of "Sunny Garden EX," which has been well-received since its launch in 2015. While inheriting the basic functions of the previous product, which provided lifelong coverage and the opportunity to receive investment returns, it newly adds a JPY-denominated plan and enhances flexibility in choices for the interest guarantee period, timing of receiving investment returns, and the scope of beneficiaries. In anticipation of a future social environment with uncertain outlooks, the product has evolved into a tailor-made offering that can finely respond to the diverse needs of customers.

*Sales through our direct sales channel by consultant employees and insurance agency channels are scheduled to begin on July 1st.

■ Features of "Sunny Garden Prime" Single Premium Whole Life Insurance

● Newly Added "JPY-Denominated Plan"

In addition to the conventional USD-denominated plan, a JPY-denominated plan has been newly added. Customers can invest assets in JPY without currency risk, preparing for an era of rising prices.

● Selectable Interest Guarantee Period

For the "Interest Revision Type," customers can choose between 10 or 20 years for USD-denominated plans, and 5 or 10 years for JPY-denominated plans. For the "No Interest Revision Type," the interest guarantee period is lifelong, ensuring stable investment returns that do not change throughout life in the specified currency.

● Three Courses Based on How Investment Returns Are Utilized

We offer three courses: "Regular Payout Course," "Optional Withdrawal Course," and "Accumulated Value Increase Course (Interest Revision Type only)." Investment returns can be received at regular or optional intervals. Alternatively, customers can choose not to receive returns and continue investing, expecting the benefits of compound interest.

● Flexibility in Receiving Regular Payouts

In the Regular Payout Course, the beneficiary of regular payouts can be selected from the policyholder, spouse, or others within a scope defined by the company, and this can be changed annually. Regular payouts can be given to loved ones and can also be utilized for lifetime gifts (subject to gift tax treatment).

※For product outlines and other details, please refer to ＜Appendix＞.

MetLife Japan aims to be a reliable partner that always stands by its customers, from providing protection in case of unforeseen events to assisting with daily health and asset building. We will continue to provide products and services that meet societal needs and fulfill our ongoing responsibility towards a more secure future for our customers.

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About MetLife Japan

MetLife Japan began operations in 1973 as the first foreign-affiliated life insurance company in Japan. Currently, as the Japanese subsidiary of MetLife, Inc., one of the world's leading life insurance groups, we always stand by our customers and help them choose the optimal coverage. Through diverse sales channels, we strive to offer innovative products that address a wide range of risks for individual and corporate customers. www.metlife.co.jp