1. MetLife vs Prudential Life Insurance

MetLife vs Prudential Life Insurance

Alice Stevens
Alice Stevens | Senior Editor

Both Prudential and MetLife have high financial strength ratings and have stood the test of time. Both of these factors indicate that these companies are financially reliable and able to meet claims obligations. While both are good companies, Prudential is best for individuals seeking their own life insurance. Both companies offer nice options for employers creating an employee benefits package.

MetLife logo
#8 MetLife
7.6 Overall Score
3.8
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(53)
Prudential Life Insurance logo verified_user
#4 Prudential Life Insurance
8.9 Overall Score
3.7
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(44)

Overview

MetLife

Prudential Life Insurance

Financial Strength
Financial Strength
AA- (Standard & Poor's)
A+ (A.M. Best)
Term Policies
Term Policies
Undisclosed
Yes
Whole Policies
Whole Policies
Undisclosed
Undisclosed
Universal Policies
Universal Policies
Undisclosed
Yes
Final Expense Policies
Final Expense Policies
Undisclosed
Undisclosed
Time In Business
Time In Business
152 Years
145 Years

Ratings

MetLife

Prudential Life Insurance

Overall Score
Overall Score
7.6 of 10
8.9 of 10
Review Score
Review Score
3.8
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3.7
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Value for Money
Value for Money
3.7
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3.6
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Quality of Product or Service
Quality of Product or Service
3.6
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3.7
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Customer Service
Customer Service
3.6
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3.7
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Company Trustworthiness
Company Trustworthiness
3.6
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3.9
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Likely to Recommend
Likely to Recommend
6.0 of 10
5.2 of 10

Reviews

MetLife

Prudential Life Insurance

Number of Reviews
Number of Reviews
53
44
Review Breakdown
Review Breakdown
3.8
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5 star
53%
4 star
21%
3 star
4%
2 star
4%
1 star
21%
3.7
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5 star
43%
4 star
25%
3 star
9%
2 star
2%
1 star
20%

Reviews for MetLife

Helpful Favorable Review

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Myken

November 27th, 2020 Salt Lake City, UT DETAILS arrow_drop_down
Value for your money
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Quality of product or service
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Customer service
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Company trustworthiness
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My husband and I had a life insurance policy through MetLife offered from his employer. However, after finding a different company that had a much better rate and more responsive customer service we switched.


Helpful Critical Review

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Sydnee R Lovelace

November 27th, 2020 Salisbury, NC DETAILS arrow_drop_down
Value for your money
starstar_borderstar_borderstar_borderstar_border
Quality of product or service
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Customer service
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Company trustworthiness
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MetLife Ins. Sucks. If you pay them one dime you will regret it. I paid for life ins on my 3 sons for 26 yrs. My youngest son passed away and he was totally disabled from muscular dystrophy and I filed the claim with MetLife. Everytime you call them, it is being reviewed?? After FOUR(4) months we were told that it had been denied because he had married his longtime girlfriend before passing away. I'll prob see a lawyer about my options against this piss poor company!! RUN FROM METLIFE!! DO NOT BUY INS FROM THEM!!!!


Reviews for Prudential Life Insurance

Helpful Favorable Review

starstarstarstarstar

Mark E

November 27th, 2020 Hackensack, NJ DETAILS arrow_drop_down
Value for your money
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Quality of product or service
starstarstarstarstar
Customer service
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Company trustworthiness
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I have had a Life policy with Prudential for many years. Recently I had a call with a rep to discuss options and we came up with a better policy to suite my needs. I hope not to use it for many years, but hopefully it will serve its purpose when the time comes and the company will pay the beneficiaries without a hassle


Helpful Critical Review

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Royal A. Brown III

November 27th, 2020 DETAILS arrow_drop_down
Value for your money
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Quality of product or service
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Customer service
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Company trustworthiness
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Too expensive especially as get older. I had $200K SGLI which converted to PGLI - the retired military plan - increasing term - went from $300 month to $460 when I hit 79 and will jump to $900 month at 75 which will be unaffordable for $200K coverage. I will look for an investment vehicle which will grow for less and still leave my wife with enougth coverage. I have subsequently dropped this coverage.


The Final Word

Prudential offers term, universal, indexed universal, variable universal, and survivorship life insurance policies. These policies can be purchased by individuals and customized with riders. A few riders that Prudential offers include a disability waiver of premium, accidental death, and an accelerated death benefit rider. Survivorship policies insure two people and the death benefit is usually paid after the second person passes away.

Prudential offers term and universal insurance that employers can offer their employees. Its term policies can be employer-paid or voluntary. Keep in mind that these policies may no longer be effective when employees leave their employer.

In contrast, MetLife life insurance policies are only available for employers to include in their benefits package. It offers term and universal life insurance policies. Like Prudential's employer offerings, its term life insurance can be employer-paid or employee-paid. With some policies, employees can purchase term life insurance for their dependents.

If you're looking to buy your own life insurance policy, Prudential is the only choice between the two. It has a good selection of policies and riders. If you're an employer looking to offer employees life insurance, either company is a good choice. MetLife stands out for its specialization in employer-sponsored insurance and the ability to buy term life insurance for dependents with some policies.

top choice

Prudential Life Insurance
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