Contact Brighthouse Financial
- All annuity products: (800) 882-1292.
- Group Annuities. (833) 208-3018.
- Brighthouse SmartCare Hybrid LTC and Brighthouse SimplySelect Term policies: (800) 882-1292.
- All other life insurance products:
- Total Control Account: (800) 638-7283.
Beside this, is Brighthouse financial part of MetLife?
On March 6, 2017, MetLife separated its U.S. retail business. The separated business launched Brighthouse Financial, Inc. – an independent company that is no longer a part of MetLife.
In this way, is Brighthouse financial legitimate?
Both Brighthouse Life Insurance Company and Brighthouse Life Insurance Company of New York have been assigned A (Excellent) financial strength ratings from AM Best. 4? Both also received A+ ratings from Standard & Poor’s.
Why did MetLife spin off Brighthouse?
The purpose of MetLife establishing Brighthouse Financial was so that the insurance provider could focus solely on selling life insurance, as well as annuities, to individuals. MetLife still continues to exist, but they only focus on selling their products to companies that can be used as employee benefits.
Can I cancel my insurance with BrightHouse? Yes you can at any time, by providing one weeks’ notice to cancel.
MetLife reported adjusted earnings of $758 million, down 43 percent, and down 41 percent on a constant currency basis, from the second quarter of 2019. On a per share basis, adjusted earnings were $0.83, down 40 percent from the prior-year period.
Does Brighthouse Financial pay dividends? We do not currently pay dividends on our common stock.
The brand name “Spectrum” is used by Charter Communications, Inc. to market their consumer and business broadband products and services. The company’s merger with Bright House Networks and Time Warner Cable in 2016 makes them the second largest Internet provider in the US today.
Annuities can provide a reliable income stream in retirement, but if you die too soon, you may not get your money’s worth. Annuities often have high fees compared to mutual funds and other investments. You can customize an annuity to fit your needs, but you’ll usually have to pay more or accept a lower monthly income.
The value of your annuity changes based on the performance of those investments. … This means that it is possible to lose money, including your principal with a variable annuity if the investments in your account don’t perform well. Variable annuities also tend to have higher fees increasing the chances of losing money.
Annuity distributions are taxed as ordinary income, which is a higher rate than that for the capital gains you get from other retirement accounts. Annuities charge a hefty 10% early withdrawal fee if you take money out before age 59½.