#Japan #Tokyo #Life Insurance #MetLife #Sunny Garden

MetLife Japan's New Insurance Offering

MetLife Life Insurance Co., Ltd. has recently announced the launch of its revamped Sunny Garden Prime, a single premium whole life insurance product, effective from July 1. This innovative policy will be available through both direct sales by MetLife employees and through agents nationwide, following its initial rollout in April through financial institution agents.

The Sunny Garden Prime is a new iteration of the well-received Sunny Garden EX, which has been a prominent product since its debut in 2015. While retaining the fundamental features of lifelong protection and the option to receive investment returns, this latest offering introduces a new yen-denominated plan. The policy now offers greater flexibility regarding the interest rate guarantee period, timing for receiving investment returns, and options for designated beneficiaries.

Key Features of Sunny Garden Prime

1. Introduction of Yen-Denominated Plans
In addition to the previously available U.S. dollar-denominated plan, MetLife has added a yen-denominated option, allowing customers to manage their assets without currency risk. This feature is particularly beneficial in an era of rising prices, offering peace of mind regarding investments in a stable currency.

2. Customizable Interest Rate Guarantee Periods
For customers choosing the interest rate changeable option, the dollar-denominated plan allows a selection between a 10-year or 20-year guarantee period, while the yen-denominated plan offers 5-year or 10-year options. Alternatively, those opting for the non-changeable interest rate plan can enjoy a lifetime guarantee of returns in their chosen currency, ensuring consistent investment performance over time.

3. Three Flexible Courses for Investment Returns
MetLife provides three distinct courses tailored to the client’s needs:

• - Scheduled Payment Course
• - Optional Receipt Course
• - Accumulation Increase Course (for the interest rate changeable option only)

Clients can decide when and how they want to receive their returns, either on a regular or optional basis. There is also the option to forgo immediate withdrawals, continuing the investment to benefit from compound interest.

4. Flexibility in Receiving Payments
In the Scheduled Payment Course, policyholders have flexibility regarding the recipients of the scheduled payments. They can designate the contract holder, spouse, or other individuals within a defined scope, with the ability to alter this annually. This not only allows for strategic passing of wealth to loved ones but can also serve as a means for gift taxation purposes.

Commitment to Customer-Centric Solutions

MetLife aims to be a reliable partner in safeguarding customers against unexpected risks while also assisting them in daily health management and asset formation. The company is dedicated to providing products and services aligned with the evolving needs of society, thereby ensuring a more secure future for its clients.

About MetLife Japan

Founded in 1973, MetLife Japan was the first foreign life insurance company in Japan and operates as a subsidiary of the globally recognized MetLife Inc. The company remains committed to helping customers choose optimal protection through a diverse range of sales channels, delivering innovative products that address a wide spectrum of risks.
For more information, visit MetLife Japan.