Magazine date:
Oct 2007 Being the life subsidiary of Metropolitan Group, Metropolitan Life has proceeded to a series of cuts of its different life tariffs. The most significant reduction regards whole-life cover which has been decreased by about 45%. The company justified this move by an overall improvement in the people's standard of living and by a remarkable decline in the mortality rate due to HIV/AIDS virus. In an effort to boost its commercial strategy, Metropolitan Life has recently devised system for telephone underwriting.