MetLife Announces Two Bundled Policies - Quick Facts

(RTTNews) - MetLife Inc.'s (MET) MetLife Auto & Home Thursday announced the availability of Combo and GrandProtect policies in its mass marketed insurance program.

These are two bundled policies which provide the ability to combine auto and home coverages into one convenient package.

The availability of these bundled policies in its mass marketed program will help provide employers with new ways to expand their benefit offerings and provide employees with simple service and savings, the insurer said.

Combo is designed for customer convenience. By packaging policies, customers can eliminate multiple bills and insurance forms, and enjoy the benefits of one common effective date, deductible, payroll deduction and policy portability, among others.

In addition to the benefits of Combo, GrandProtect is designed for customers with higher value assets and more demanding insurance needs, including primary and secondary homes, recreational vehicles and personal property such as high-value jewelry and family heirlooms.

GrandProtect policyholders also receive additional benefits such as a higher blanket property limit.

Through Combo and GrandProtect, customers can bundle up to 11 different MetLife Auto & Home policies into one package and through their employer are able to save through payroll deductions.