Document 3NzDn36M8nMax1w4570VykKY3

M,rrnoroLrrAN UF? - .. oomiwx ! /6 /tot- - }&/ 9^-e'3/79 PLAINTIFF'S EXHIBIT MET-684 I METROPOLITAN LIFE INSURANCE COMPANY Pacific Coast Head Office building in San Francisco j The Home Office buildings in New York Page A Word to Metropolitan Policyholders.............. 3 Insurance Protection and Service..........................5 Living Benefits in Action.......................................7 Health Insurance Gains Wider Acceptance........ 9 Financial Table, and Charts...........................11-18 How Your Money Works for You.................... 19 Leadership in Group insurance..........................20 Metropolitan Service............................................ 22 What Metropolitan Now Offers......................... 24 The Three-Legged Stool.......................................26 Board of Directors........... ."................................ 28 A Living Force...................................................... 29 riv v tiring 1961 at Metropolitan, the most sig nificant development was the widespread accept ance of our Family Security Check-Up service, through which Metropolitan Agents brought in creased security to our growing family of policy holders. Public response to this comprehensive service demonstrated, as never before, the desire ofpeople throughout North America to provide security for their families. Metropolitan payments to policyholders and their beneficiaries, amounting to more than 1.8 billion dollars, contributed vitally to the secu rity of families in the course of the past year. Once again, this amount was,'the largest ever paid in benefits in any year by- any company in the life insurance business. Although the primary purpose of our invest ments has been to meet our obligations in the future and to hold down the cost of insurance, at the tame time Metropolitan funds have helped to spur the future growth and economic well being of the United States and Canada. These funds were invested at the rate of more than S7,000,000 each working day during 1961. The return on new long-term investments made in 1961 was 5.48 per cent after allowance for investment expense. On our investments as a whole, the net return was 4.20 per cent, which was the highest return achieved in the post-war era--though still far below the 5 per cent earned in the late 1920's. Policy dividends, a factor in family financial security since they help to reduce the cost of in surance, amounted to more than $389,000,000. New annual dividend scales became effective in 1961 for our personal life insurance policies; these represented an average increase of 9 per cent over the previous scales. Although the cost of commodities has risen sharply over the past two decades, in general the cost of our personal life insurance is actually less today than it was 20 years ago. While term insurance has a number of valid uses, particularly to provide protection for tem porary needs, we again stressed the fact that for l 4\ (flip ifflpffipfijifftm tf/PJI!V/"17' >//Tt->7Jpil/- (, m&mffszsj?fftmtim' *mrafr- wj- 'Kit&qrtffiliSWfr'rK Trrr 'Orrrrjfc ipn;r,,: ititt&liMH&iwmii- .'m: Tmr rf <> amp TMnnpt/pnt>. litmfrWVffltlWtTZSJifty WHtoTYitftWiffiy >} QrtmtfiBjf&fc mrnif 5wwrj fdfr.r Hfoqp&fim* 'lift t'nptm' -gim- /pa GJiffos*'<vfliouwwiiv/pt i^Mf' 'fr?i>v- imr :r, mi "Itffl- ftlfr IT(,U,^ftfjfl&L faint-granJ-M, nimviip.'tmsr, FiNtiihlf/to m. !7VI7: lit'-: /mmy, ty *Wswg^/7teTr VJI4. < 1 r `\ b.