Brighthouse Life Insurance

Allegations that Brighthouse Life Insurance failed to decrease cost of insurance rates on universal life insurance policies.

Brighthouse Life Insurance and its predecessors (MetLife Insurance Co. USA, MetLife Insurance Co. of Connecticut, and Travelers Insurance Co.) have agreed to a $9.25 million class action settlement. The lawsuit alleged that the company failed to decrease cost of insurance rates on universal life insurance policies despite improved mortality expectations and reduced expenses, leading policyholders to pay more than they should have. Class members are individuals who own or previously owned a Brighthouse universal life insurance policy issued or administered in any U.S. state, territory, or Puerto Rico, containing specific language regarding cost of insurance rates, and which was in force as of April 6, 2021. No claim form is required for eligible class members, as payments will be automatically issued. Those whose addresses have changed should notify the settlement administrator in...

You may be eligible if you:

• Individuals who own or previously owned a Brighthouse universal life insurance policy.
• The policy was issued or administered in any U.S. state, territory, or Puerto Rico.
• The policy contains the language, “We will base these cost of insurance] rates only on our future outlook for mortality and expenses”.
• The policy was in force as determined by the applicable statute of limitations as of April 6, 2021.
• Refer to the settlement website for a full list of included policy forms.

• Basic contact information
• Dates tied to your purchase or account activity
• Proof is usually optional, but keep receipts if available

If you do not have every document, you may still be able to file. Many settlements accept claims without receipts.

• No claim form is required.
• Payments will be automatically issued to eligible class members.
• If your address has changed, notify the settlement administrator in writing at P.O. Box 2477, Portland, OR 97208-2477.