Filed pursuant to
Rule 424(b)(3)
333-185333
METLIFE INSURANCE COMPANY USA SHIELD LEVEL SELECTOR/SM/
SUPPLEMENT DATED MAY 1, 2015
TO THE PROSPECTUS DATED MAY 1, 2013
This supplement revises and, to the extent inconsistent therewith, replaces
information contained in the Prospectus. Certain terms used in this supplement
have special meanings. If a term is not defined in this supplement, it has the
meaning given to it in the Prospectus. It should be read in its entirety and
kept together with your Prospectus for future reference. If you have any
questions or would like a copy of the Prospectus, please contact us at
1-800-343-8496, or write us at MetLife Insurance Company USA, 4700 Westown
Parkway, Ste. 200, West Des Moines, Iowa 50266.
The Prospectus is revised as follows:
1. "Free Look" is added to the "Special Terms" section on page 5 as follows:
FREE LOOK. If you change your mind about owning the Contract, you can
cancel it within a certain time period after receiving it. This is known as
a "free look." Not all Contracts issued are subject to free look provisions
under state law. We ask that you submit your request to cancel in writing,
signed by you, to us (e.g., the Annuity Service Office) or to the agent who
sold it. When you cancel the Contract within this free look period, we will
not assess a Withdrawal Charge. Unless otherwise required by state law, you
will receive whatever your Contract is worth on the day that we receive
your cancellation request. The amount you receive may be more or less than
your Purchase Payment depending upon the Shield Options you allocated your
Purchase Payment to during the free look period. This means that you bear
the risk of any decline in the Account Value of your Contract during the
free look period. We do not refund any charges or deductions assessed
during the free look period. In certain states, we are required to give
back your Purchase Payment if you decide to cancel your Contract during the
free look period.
2. THE DEFINITION OF "GOOD ORDER" ON PAGE 6 AS IS REVISED AS FOLLOWS:
GOOD ORDER.--A request or transaction generally is considered in "Good
Order" if it complies with our administrative procedures and the required
information is complete and accurate. A request or transaction may be
rejected or delayed if not in Good Order. Good Order generally means the
actual receipt by us of the instructions relating to the requested
transaction in writing (or, when permitted, by telephone) along with all
forms, information and supporting legal documentation necessary to effect
the transaction. This information and documentation generally includes to
the extent applicable to the transaction: your completed application; your
contract number; the transaction amount (in dollars or percentage terms);
the names and allocations to and/or from the Shield Options, or the Fixed
Account if applicable, affected by the requested transaction; the
signatures of all Contract Owners (exactly as indicated on the contract),
if necessary; Social Security Number or Tax I.D.; and any other information
or supporting documentation that we may require, including
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any spousal or Joint Owner's consents. With respect to purchase payments,
Good Order also generally includes receipt by us of sufficient funds to
effect the purchase. We may, in our sole discretion, determine whether any
particular transaction request is in Good Order, and we reserve the right
to change or waive any Good Order requirement at any time. If you have any
questions, you should contact us or your sales representative before
submitting the form or request.
3. THE DEFINITION OF "OWNER" ON PAGE 6 IS REVISED AS FOLLOWS:
OWNER ("YOU", "YOURS"). The person(s) entitled to the ownership rights
under the Contract. Subject to our administrative procedures, we may also
permit ownership by a corporation (a type of non-natural person) or certain
other legal entities. If Joint Owners are named, all references to Owner
shall mean Joint Owners.
4. REPLACE THE 5/TH/ PARAGRAPH UNDER THE HEADING "THE ANNUITY CONTRACT" ON
PAGE 14 WITH THE FOLLOWING:
The Contract is intended for retirement savings or other long-term
investment purposes. The Contract benefits from tax deferral. Tax deferral
means that you are not taxed on Account Value or appreciation on the assets
in your Contract until you take money out of your Contract. Non-qualified
annuity Contracts (which are not retirement plans) owned by a non-natural
person such as a corporation or certain other legal entities (other than a
trust that holds the Contract as an agent for a natural person), do not
receive tax deferral on earnings. In addition, for any tax qualified
account (e.g., an IRA), the tax deferred accrual feature is provided by the
tax qualified retirement plan. Therefore, there should be reasons other
than tax deferral for acquiring the Contract by a corporation, certain
legal entities or within a qualified plan. (See "FEDERAL TAX
CONSIDERATIONS.")
5. ADD THE FOLLOWING BULLET POINT AT THE END OF THE OTHER BULLETS UNDER THE
HEADING PURCHASE PAYMENT" ON PAGE 16:
o Corporations and other legal entities we approve, may purchase
the Contract; however, we will not accept a Purchase Payment made
by a corporation or other legal entity (other than a trust that
holds the Contract as agent for a natural person) to fund any
type of qualified or non-qualified retirement plan.
6. ADD THE FOLLOWING UNDER "NON-QUALIFIED ANNUITY CONTRACTS" ON PAGE 40:
NON-QUALIFIED ANNUITY CONTRACTS OWNED BY CORPORATIONS AND OTHER LEGAL
ENTITIES
Taxes on earnings are deferred until you take money out. Non-qualified
annuity Contracts owned by a non-natural person, such as corporations or
certain other legal entities (other than a trust that holds the Contract as
an agent for a natural person), do not receive tax deferral on earnings.
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7. REPLACE THE FIRST SENTENCE UNDER "OWNERSHIP PROVISIONS" ON PAGE 44 WITH
THE FOLLOWING:
OWNER. You, as the Owner, have all the interest and rights under the Contract.
Subject to our administrative procedures, we may also permit ownership by a
corporation (a type of non-natural person) or other legal entity.
8. ADD THE FOLLOWING SECTIONS BEFORE THE "CONFIRMING TRANSACTIONS" SECTION ON
PAGE 50.
CYBERSECURITY RISKS
Our business is largely conducted through digital communications and data
storage networks and systems operated by us and our service providers or
other business partners (e.g., the portfolios and the firms involved in the
distribution and sale of our products). For example, many routine
operations, such as processing your requests and elections and day-to-day
record keeping, are all executed through computer networks and systems. We
have established administrative and technical controls and a business
continuity plan to protect our operations against cybersecurity breaches.
Despite these protocols, a cybersecurity breach could have a material,
negative impact on MetLife, as well as you and your Contracts. Our
operations also could be negatively affected by a cybersecurity breach at a
third party, such as a governmental or regulatory authority or another
participant in the financial markets. Cybersecurity breaches can be
intentional or unintentional events, and can occur through unauthorized
access to computer systems, networks or devices; infection from computer
viruses or other malicious software code; or attacks that shut down,
disable, slow or otherwise disrupt operations, business processes or
website access or functionality. Cybersecurity breaches can interfere with
our processing of contract transactions, including the processing of
transfer orders from our website or with the portfolios; impact our ability
to calculate values; cause the release and possible destruction of your
confidential information or business information; or impede order
processing or cause other operational issues. Although we continually make
efforts to identify and reduce our exposure to cybersecurity risk, there is
no guarantee that we will be able to successfully manage this risk at all
times.
THIS SUPPLEMENT SHOULD BE READ AND RETAINED FOR FUTURE REFERENCE
Book 145 May 1, 2015
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