Are there exclusions from the definition of gift or gratuity? If so, what are the guidelines with respect to giving gifts to producers or MetLife associates on a personal level?
Promotional items (with MetLife logo or name) that are nominal in value do not require disclosure or reporting. Additionally, personal gifts for occasions such as birthdays, weddings, birth of a child, etc. do not require disclosure under this rule and are permissible as long as they are not lavish. Gifts of this nature may not be submitted for expense reimbursement. MetLifes policies pertaining to gifts to other MetLife associates can be found in the Code of Business Conduct and Ethics found on the mymetlife.com intranet website. For specific guidance regarding the appropriateness of gifts to other MetLife Associates, consult your HR Business Consultant or CEC.