497 1 d771135d497.txt METFLEX FIDELITY SUPPLEMENT DATED AUGUST 08, 2014 METROPOLITAN LIFE INSURANCE COMPANY METROPOLITAN LIFE SEPARATE ACCOUNT UL METFLEX FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE POLICIES SUPPLEMENT DATED AUGUST 8, 2014 TO THE PROSPECTUS DATED APRIL 28, 2014 This supplement revises certain information contained in the April 28, 2014 prospectus for the MetFlex flexible premium variable life insurance policies. The fees and expenses of the following Funds have been revised due to a change in the Funds' target asset allocation strategy. Note that if a similar change occurs in the future, it could result in fees and expenses that are higher than those shown below. To determine if such an increase in fees and expenses has occurred before you make an initial investment in a Fund, you may request a copy of the Fund's most recent prospectus by calling us at (908) 253-1400.
DISTRIBUTION ACQUIRED TOTAL NET TOTAL AND/OR FUND FEES ANNUAL FEE WAIVER ANNUAL MANAGEMENT SERVICE(12B-1) OTHER AND OPERATING AND/OR EXPENSE OPERATING PORTFOLIO FEE FEES EXPENSES EXPENSES EXPENSES REIMBURSEMENT EXPENSES ------------------------------ ---------- -------------- -------- ---------- ---------- -------------- ---------- FIDELITY(R) VARIABLE INSURANCE PRODUCTS - INITIAL CLASS Freedom 2010 Portfolio - - - 0.55% 0.55% - 0.55% Freedom 2015 Portfolio - - - 0.58% 0.58% - 0.58% Freedom 2020 Portfolio - - - 0.60% 0.60% - 0.60% Freedom 2030 Portfolio - - - 0.68% 0.68% - 0.68%
THIS SUPPLEMENT SHOULD BE READ AND RETAINED FOR FUTURE REFERENCE.