Metlife Investors USA Separate Account A, et al. – ‘485BPOS’ on 4/27/04 – EX-99.B4(XV)

On:  Tuesday, 4/27/04, at 11:35am ET   ·   Effective:  4/27/04   ·   Accession #:  1193125-4-70496   ·   File #s:  333-54464, 811-03365

in

this entire Filing. an “Entity” Search.

Show

Documents searched

and

each “hit”. the 1st “hit”.

↓↑Hints

Post-Effective Amendment
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 485BPOS     Metlife Investors (Mli Usa Va) Post Effective        206   1.13M 
                          Amendment No.5                                         
 6: EX-99.B.13  Power of Attorney                                      9     24K 
 4: EX-99.B10(I)  Consent of Independent Auditors                      1      6K 
 5: EX-99.B10(II)  Consent of Counsel                                  1      6K 
 2: EX-99.B4(XV)  Form of Guaranteed Minimum Income Benefit            5     17K 
                          Rider-(Living Benefit)(Gmibii)                         
 3: EX-99.B9    Opinion and Consent of Counsel                         2      9K 

EX-99.B4(XV)   —   Form of Guaranteed Minimum Income Benefit Rider-(Living Benefit)(Gmibii)

EX-99.B4(XV)
1st Page of 5
TOC
↑Top
Previous
Next
↓Bottom
Just 1st
 
[LOGO OF METLIFE INVESTORS] 

MetLife Investors Insurance Company 
 700 Market Street
 St. Louis, Missouri 63101

--------------------------------------------------------------------------------

GUARANTEED MINIMUM INCOME BENEFIT RIDER - LIVING BENEFIT                        

This Rider forms a part of the Contract to which it is attached and is effective
upon issuance. In the case of a conflict with any provision of the Contract, the
provisions of this Rider will control. Your election of this Rider is           
irrevocable and its provisions will remain part of the Contract until terminated
in accordance with the provisions below. This Rider amends the Contract as      
follows:                                                                        

The following is added to the "Annuity Provisions" section:                     

GUARANTEED MINIMUM INCOME BENEFIT                                               

We guarantee that your minimum monthly Fixed Annuity Payment will not be less   
than the Guaranteed Minimum Income Benefit (GMIB) Payment (less any applicable  
charges and fees as described in the Contract Schedule or any Rider) provided   
you meet the eligibility requirements below. If a higher Fixed Annuity Payment  
results from applying your total Adjusted Account Value to the then current     
Fixed Annuity rates applicable to this class of contracts, we will pay you the  
greater payment.                                                                

At the Annuity Calculation Date, the GMIB Payment will be determined by applying
the Income Base to the GMIB Annuity Table multiplied by the applicable GMIB     
Payment Adjustment Factor shown on the Contract Schedule. In calculating the    
GMIB Payment, any Withdrawal Charges that would have applied if you had made a  
total withdrawal of your Account Value will be deducted from the Income Base. We
reserve the right to reduce the Income Base for any Premium and Other Taxes that
may apply.                                                                      

Income Base                                                                     

The Income Base is the greater of (a) or (b):                                   

(a)  Highest Anniversary Value: On the Issue Date we set this value equal to    
   your initial Purchase Payment. During each Contract Year we increase this
  value by any Purchase Payments made and reduce it proportionately by the
Percentage Reduction in Account Value attributable to any partial     
    withdrawals taken. On every Contract Anniversary prior to the Last Step-Up
   Date shown on the Contract Schedule, we compare this value to the current
    Account Value and we set the Highest Anniversary Value equal to the higher
amount.                                                               

(b)  Annual Increase Amount: On the Issue Date we set this amount equal to your 
 initial Purchase Payment. For purposes of this calculation all Purchase
Payments credited within 120 days of                                  

7018-1 (03/03)                                                                  

EX-99.B4(XV)
2nd Page of 5
TOC
1st
Previous
Next
↓Bottom
Just 2nd
the Issue Date will be treated as if received on the Issue Date. After the Issue
Date, this amount will equal:                                                   

(i)  The sum total of each Purchase Payment accumulated at the Annual 
     Increase Accumulation Rate for the duration shown on the Contract
Schedule from the date the Purchase Payment is made, less   

     (ii) The sum total of each Withdrawal Adjustment for any partial withdrawal
         accumulated at the Annual Increase Accumulation Rate from the date of
withdrawal (except as indicated).                           

   The Annual Increase Accumulation Rate will be applied as set forth in the
     Contract Schedule or through the earlier of the Annuity Calculation Date or
 the GMIB Rider Termination Date. For purposes of calculating the Annual
     Increase Amount when the GMIB Rider Charge is assessed, the Annual Increase
 Accumulation Rate will be applied through the end of the prior Contract
Year.                                                                 

We compute the Percentage Reduction in Account Value attributable to a partial  
withdrawal by dividing the dollar amount of the withdrawal plus any applicable  
Withdrawal Charges by the Account Value immediately preceding such withdrawal.  
When we reduce a value proportionately by the Percentage Reduction in Account   
Value attributable to a partial withdrawal we multiply that value by 1 minus the
Percentage Reduction.                                                           

The Withdrawal Adjustment for any partial withdrawal in a Contract Year equals  
the Annual Increase Amount immediately prior to the withdrawal multiplied by the
Percentage Reduction in Account Value attributable to that partial withdrawal.  
However, if all partial withdrawals in a Contract Year are payable to the Owner 
(or Annuitant if the Owner is a non-natural person) or other payees that we     
agree to in writing and total partial withdrawals in a Contract Year are not    
greater than the Annual Increase Amount on the previous Contract Anniversary    
multiplied by the Dollar-for-Dollar Withdrawal Percentage shown on the Contract 
Schedule, the total Withdrawal Adjustments for that Contract Year will be set   
equal to the dollar amount of total partial withdrawals in that Contract Year   
and treated as a single withdrawal at the end of that Contract Year.            

GMIB Annuity Table                                                              

The guaranteed monthly payout rates per $1000 of Income Base are shown in the   
GMIB Annuity Tables using the GMIB Annuity Table Basis shown on the Contract    
Schedule. The rate applied will depend upon the Annuity Option chosen and the   
Attained Age and sex of the Annuitant and Joint Annuitant, if applicable.       

Eligibility Requirements for the GMIB Payment                                   

You are only eligible to receive GMIB Payments if:                              

(1)  The Owner is a natural person and the Owner is also the Annuitant. If the  
 Owner is a non-natural person then the Annuitant will be considered the
    Owner for GMIB Payment purposes. If Joint Owners are named, the age of the
oldest will be used to determine the Income Base and GMIB Payment, and

7018-1 (03/03)                                                                  

EX-99.B4(XV)
3rd Page of 5
TOC
1st
Previous
Next
↓Bottom
Just 3rd
(2)  You choose an Annuity Date that is within 30 days following any Contract   
Anniversary on or after the GMIB Income Date shown on the Contract    
  Schedule, but no more than 30 days after the GMIB Rider Termination Date
 shown on the Contract Schedule. However, if your Account Value is fully
 withdrawn, we set an Annuity Date 30 days following the full withdrawal
 date, and the GMIB Payment (if any) will be determined using the Income
Base after any applicable Withdrawal Adjustment associated with the   
withdrawal that exhausted your Account Value, and                     

(3)  You choose to start receiving Fixed Annuity Payments under one of the      
    Annuity Options shown on the Contract Schedule. If a single life option is
  chosen and Joint Owners are named, the age of the oldest will be used to
   determine the Income Base and the GMIB Payment, and monthly Fixed Annuity
   Payments will be made for the lifetime of the oldest Joint Owner. You may
     name a Joint Annuitant on the Annuity Date for purposes of a Joint and Last
 Survivor Annuity option provided that the difference in the ages of the
Joint Annuitants is 10 years or less (or as permissible under our then
current underwriting requirements if more favorable), and             

(4)  Annuity Payments will be paid as monthly installments or at any frequency  
  acceptable to you and us. If the amount of the Income Base to be applied
   under an Annuity Option is less than $5,000, we reserve the right to make
     one lump sum payment in lieu of Income Payments. If the amount of the first
Income Payment would be less than $100, we may reduce the frequency of
 payments to an interval which will result in the payment being at least
$100, but no less than annually.                                      

GMIB Rider Charge                                                               

The GMIB Rider Charge is equal to the specified percentage shown on the Contract
Schedule multiplied by the Income Base at the end of the prior Contract Year.   
The charge is assessed for the prior Contract Year at each Contract Anniversary.
If you take a full withdrawal or apply any portion of your Adjusted Account     
Value to an Annuity Option, a pro rata portion of the GMIB Rider Charge will be 
assessed based on the number of months from the last Contract Anniversary to the
date of withdrawal/application.                                                 

The GMIB Rider Charge will be deducted from your Account Value. This deduction  
will result in the cancellation of Accumulation Units from each applicable      
Subaccount (and/or reduction of any portion of the Account Value allocated to   
any other accounts included by Rider) in the ratio the portion of the Account   
Value in such Subaccount (and/or other account) bears to the total Account      
Value.                                                                          

GMIB Termination Provisions                                                     

The GMIB Rider Provisions will terminate upon the earliest of:                  

(a)  The 30/th/ day following the GMIB Rider Termination Date shown on the      
Contract Schedule;                                                    

(b)  The date you make a full withdrawal of your Account Value;                 

(c)  The date you apply all or any portion of your Adjusted Account Value to an 
Annuity Option;                                                       

7018-1 (03/03)                                                                  

EX-99.B4(XV)
4th Page of 5
TOC
1st
Previous
Next
↓Bottom
Just 4th
(d)  Death of the Owner or Joint Owner (or Annuitant if the Owner is a          
   non-natural person) unless the Beneficiary is the spouse of the Owner and
     elects to continue the Contract and the surviving spouse's attainted age is
less than 85;                                                         

(e)  Change of the Owner or Joint Owner (or Annuitant if the Owner is a         
non-natural person), for any reason; or                               

(f)  Termination of the Contract to which this Rider is attached.               

MetLife Investors Insurance Company has caused this Rider to be signed by its   
President and Secretary.                                                        

     /s/ [illegible]      Secretary                /s/[Illigible]      President
--------------------------                    -------------------------         

7018-1 (03/03)                                                                  

EX-99.B4(XV)
Last Page of 5
TOC
1st
Previous
Next
↓Bottom
Just 5th
 GMIB ANNUITY TABLES

 AMOUNT OF FIRST MONTHLY ANNUITY PAYMENT
PER $1000 OF INCOME BASE

Annuitant Only

Life Annuity with 10 Years of Annuity Payments Guaranteed                       

Attained Age                                                                    
Of Annuitant      Male     Female                                               
55                3.64     3.42                                                 
60                3.97     3.71                                                 
65                4.40     4.08                                                 
70                4.95     4.57                                                 
75                5.65     5.21                                                 
80                6.59     6.11                                                 
85                8.38     7.70                                                 

If you decide to receive Annuity Payments under the Single Life option after age
79, the 10-year guarantee period will be shortened. Please see your contract for
more details.                                                                   

 Annuitant and Joint Annuitant

Joint and Survivor Annuity with 10 Years of Annuity Payments Guaranteed         

Attained Age of            10 Years   5 Years    0 Years     5 Years    10 Years
Male Annuitant             Younger    Younger    Younger      Older      Older  
55                          2.92       3.04       3.16        3.27       3.38   
60                          3.09       3.24       3.39        3.54       3.67   
65                          3.30       3.49       3.69        3.88       4.05   
70                          3.57       3.82       4.08        4.34       4.57   
75                          3.92       4.25       4.61        4.96       5.25   
80                          4.38       4.84       5.32        5.78       6.12   
85                          5.01       5.62       6.25        6.77       7.11   

Monthly payments for ages not shown will be furnished on request.               

7018-1 (03/03)                                                                  

41 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/16/24  Brighthouse Var Annuity Account C 485BPOS     4/29/24    3:3.9M                                   Donnelley … Solutions/FA
 4/16/24  Brighthouse Var Annuity Account C 485BPOS     4/29/24    3:6.8M                                   Donnelley … Solutions/FA
 4/16/24  Brighthouse Var Annuity Account C 485BPOS     4/29/24    3:9.9M                                   Donnelley … Solutions/FA
 4/16/24  Brighthouse Var Annuity Account C 485BPOS     4/29/24    3:3.8M                                   Donnelley … Solutions/FA
 4/12/24  Brighthouse Separate Account A    485BPOS     4/29/24    3:3.6M                                   Donnelley … Solutions/FA
 4/12/24  Brighthouse Separate Account A    485BPOS     4/29/24    3:4M                                     Donnelley … Solutions/FA
 4/12/24  Brighthouse Separate Account A    485BPOS     4/29/24    3:7.4M                                   Donnelley … Solutions/FA
 4/12/24  Brighthouse Separate Account A    485BPOS     4/29/24    3:4.3M                                   Donnelley … Solutions/FA
 4/12/24  Brighthouse Separate Account A    485BPOS     4/29/24    3:3.8M                                   Donnelley … Solutions/FA
 4/11/24  Brighthouse Separate Account A    485BPOS     4/29/24    3:3.3M                                   Donnelley … Solutions/FA
 4/19/23  Brighthouse Var Annuity Account C 485BPOS     5/01/23    4:4M                                     Donnelley … Solutions/FA
 4/19/23  Brighthouse Var Annuity Account C 485BPOS     5/01/23    4:6.8M                                   Donnelley … Solutions/FA
 4/19/23  Brighthouse Var Annuity Account C 485BPOS     5/01/23    5:10M                                    Donnelley … Solutions/FA
 4/19/23  Brighthouse Var Annuity Account C 485BPOS     5/01/23    4:3.9M                                   Donnelley … Solutions/FA
 4/17/23  Brighthouse Separate Account A    485BPOS     5/01/23    4:3.8M                                   Donnelley … Solutions/FA
 4/17/23  Brighthouse Separate Account A    485BPOS     5/01/23    4:4.1M                                   Donnelley … Solutions/FA
 4/17/23  Brighthouse Separate Account A    485BPOS     5/01/23    4:7.4M                                   Donnelley … Solutions/FA
 4/17/23  Brighthouse Separate Account A    485BPOS     5/01/23    6:4.6M                                   Donnelley … Solutions/FA
 4/17/23  Brighthouse Separate Account A    485BPOS     5/01/23    4:4M                                     Donnelley … Solutions/FA
 4/14/23  Brighthouse Separate Account A    485BPOS     5/01/23    4:3.5M                                   Donnelley … Solutions/FA
 4/27/22  Brighthouse Separate Account A    485BPOS     4/29/22    6:4.2M                                   Donnelley … Solutions/FA
 4/21/22  Brighthouse Var Annuity Account C 485BPOS     4/29/22    8:4.1M                                   Donnelley … Solutions/FA
 4/21/22  Brighthouse Var Annuity Account C 485BPOS     4/29/22    6:5.9M                                   Donnelley … Solutions/FA
 4/21/22  Brighthouse Var Annuity Account C 485BPOS     4/29/22    9:8M                                     Donnelley … Solutions/FA
 4/21/22  Brighthouse Var Annuity Account C 485BPOS     4/29/22    6:3.9M                                   Donnelley … Solutions/FA
 4/19/22  Brighthouse Separate Account A    485BPOS     4/29/22    5:2.6M                                   Donnelley … Solutions/FA
 4/19/22  Brighthouse Separate Account A    485BPOS     4/29/22    6:4M                                     Donnelley … Solutions/FA
 4/19/22  Brighthouse Separate Account A    485BPOS     4/29/22    6:6.2M                                   Donnelley … Solutions/FA
 4/19/22  Brighthouse Separate Account A    485BPOS     4/29/22    6:4.2M                                   Donnelley … Solutions/FA
 4/19/22  Brighthouse Separate Account A    485BPOS     4/29/22    6:3.9M                                   Donnelley … Solutions/FA
 4/18/22  Brighthouse Separate Account A    485BPOS     4/29/22    6:2.4M                                   Donnelley … Solutions/FA
 4/22/21  Brighthouse Var Annuity Account C 485BPOS     4/30/21    3:9M                                     Donnelley … Solutions/FA
 4/22/21  Brighthouse Var Annuity Account C 485BPOS     4/30/21    3:17M                                    Donnelley … Solutions/FA
 4/22/21  Brighthouse Var Annuity Account C 485BPOS     4/30/21    3:26M                                    Donnelley … Solutions/FA
 4/22/21  Brighthouse Var Annuity Account C 485BPOS     4/30/21    3:2.6M                                   Donnelley … Solutions/FA
 4/16/21  Brighthouse Separate Account A    485BPOS     4/30/21    3:2.5M                                   Donnelley … Solutions/FA
 4/16/21  Brighthouse Separate Account A    485BPOS     4/30/21    3:9.9M                                   Donnelley … Solutions/FA
 4/16/21  Brighthouse Separate Account A    485BPOS     4/30/21    3:5M                                     Donnelley … Solutions/FA
 4/16/21  Brighthouse Separate Account A    485BPOS     4/30/21    3:2.9M                                   Donnelley … Solutions/FA
 4/16/21  Brighthouse Separate Account A    485BPOS     4/30/21    3:2.6M                                   Donnelley … Solutions/FA
 4/15/21  Brighthouse Separate Account A    485BPOS     4/30/21    3:6.4M                                   Donnelley … Solutions/FA