April 27, 2026
Updating Summary Prospectus for Investors in
Flexible Premium Multifunded Life Insurance Policies
Issued by Metropolitan Tower Separate Account Two of
Metropolitan Tower Life Insurance Company
This Updating Summary Prospectus summarizes key features of individual flexible premium multifunded life insurance policies (“Policies”) issued by Metropolitan Tower Life Insurance Company (“Metropolitan Tower” the “Company,” “we,” “us” or “our”).
The Prospectus for the Policies contains more information about the Policies, including features, benefits, and risks. You can find the current Prospectus and other information about the Policies online at dfinview.com/metlife/PUFT/MET000508. You can also obtain this information at no cost by calling (833) 642-1007 or by sending an email request to RCG@metlife.com.
Additional information about certain investment products, including variable life insurance contracts, has been prepared by the Securities and Exchange Commission’s staff and is available at Investor.gov.
We do not guarantee how any of the Investment Divisions or Portfolios will perform. Interests in the Separate Account, the Portfolios and the Fixed Account are not deposits or obligations of, or guaranteed or endorsed by, any financial institution and are not federally insured by the Federal Deposit Insurance Corporation, the Federal Reserve Board or any other government agency. Metropolitan Tower’s obligations under the Policy are subject to its financial strength and claims-paying ability.
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these Policies or determined if this Prospectus is accurate or complete. Any representation to the contrary is a criminal offense.
TABLE OF CONTENTS 
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UPDATED INFORMATION ABOUT YOUR POLICY
The information in this Updating Summary Prospectus is a summary of certain Policy features that have changed since You last received the Prospectus dated April 28, 2025. This may not reflect all of the changes that have occurred since You entered into your Policy:
●
For changes in the names of certain Portfolios and any other changes to the Portfolios please refer to Appendix A.
●
For updated Portfolio expense information please refer to "Important Information You Should Consider About the Policy" and Appendix A.
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For updated Portfolio performance information please refer to Appendix A.
IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT THE POLICY 
 
FEES AND EXPENSES
LOCATION IN
PROSPECTUS
Charges for Early
Withdrawals
None
Not Applicable
Transaction Charges
You may be charged for other transactions (such as when you make a
premium payment or request an increase in the death benefit or
request more than one illustration in a year).
“Charges and
Deductions —  Premium
Expense Charges”
Ongoing Fees and
Expenses
(annual charges)
In addition to transaction charges, an investment in the Policy is
subject to certain ongoing fees and expenses, including fees and
expenses covering the cost of insurance under the Policy and
optional benefits added by rider, and such fees and expenses are set
based on characteristics of the Insured (e.g., Age, sex and risk
classification). There is also a mortality and expense risk charge
deducted.
You will also bear expenses associated with the Portfolios available
under your Policy, as shown in the following table:
“Charges and
Deductions – Monthly
Deduction from Cash
Value”
 
“Charges and
Deductions – Charges
Against the Separate
Account”
ANNUAL FEE
MIN.
MAX.
Investment options (Portfolio fees
and expenses)
0.28%
0.85%
 
RISKS
LOCATION IN
PROSPECTUS
Risk of Loss
You can lose money by investing in the Policy, including loss of
principal.
“Principal Risks”
Not a Short- Term
Investment
The Policies are designed to provide lifetime insurance protection.
They should not be used as a short-term investment or if you need
ready access to cash, because you will be charged when you make
premium payments. In addition, withdrawals may be subject to
ordinary income tax and tax penalties.
“Principal Risks”
Risks Associated with
Investment Options
An investment in the Policy is subject to the risk of poor investment
performance and can vary depending on the performance of the
investment options available under the Policy (e.g., Portfolios). Each
investment option (including any Fixed Account investment option)
has its own unique risks. You should review the investment options
before making an investment decision.
“Principal Risks”
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RISKS
LOCATION IN
PROSPECTUS
Insurance Company
Risks
An investment in the Policy is subject to the risks related to
Metropolitan Tower Life, including any obligations (including under
any Fixed Account investment option), guarantees, and benefits of
the Policy, including any death benefit, which are subject to the
claims paying ability of Metropolitan Tower Life. If Metropolitan
Tower Life experiences financial distress, it may not be able to meet
its obligations to you. More information about Metropolitan Tower
Life, including its financial strength ratings, is available upon
request by calling: (833) 642-1007 or visiting: https://
www.metlife.com/about-us/corporate-profile/ratings.
“Principal Risks”
Contract Lapse
Your Policy may lapse if you have not paid a sufficient amount of
premiums or if the investment experience of the Portfolios is poor,
you have taken partial withdrawals, and the Cash Surrender Value
under your Policy is insufficient to cover the Monthly Deduction.
Lapse of a Policy on which there is an outstanding loan may have
adverse tax consequences (see "Principal Risks - Loan Risks"). If the
Policy lapses, no death benefit will be paid. A Policy may be
reinstated if the conditions for reinstatement are met including the
payment of required premiums.
“Principal Risks”
 
RESTRICTIONS
LOCATION IN
PROSPECTUS
Investments
There are no restrictions that may limit the investments you may
choose. Policy Owners may transfer Cash Value between and among
the Investment Divisions and the Fixed Account. The minimum
amount you may transfer is $50, or if less, the total amount in the
Investment Division or the Fixed Account. Metropolitan Tower Life
may limit transfers to six (6) per Policy Year. Restrictions may apply
to frequent transfers.
Metropolitan Tower Life reserves the right to remove or substitute
Portfolios as investment options that are available under the Policy.
“Payment and Allocation
of Premiums — Cash
Value Transfers”
Optional Benefits
Optional insurance benefits were available to be elected at Policy
issue only. The optional benefits avalible to be elected at Policy issue
only include the Disability Waiver Benefit Rider, Accidental Death
Benefit Rider, Children's Term Insurance Benefit Rider and Spouse
Term Insurance Benefit Rider. Optional income plans are available
upon the death of the Insured when the Policy reaches its Final Date
or if a Policy is surrendered for its Cash Surrender Value.
“Policy Benefits –
Optional Benefits”
 
TAXES
LOCATION IN
PROSPECTUS
Tax Implications
Consult with a tax professional to determine the tax implications of
an investment in and payments received under the Policy.
Withdrawals may be subject to ordinary income tax, and may be
subject to tax penalties.
Lapse of a Policy on which there is an outstanding loan may have
adverse tax consequences
“Tax Considerations”
 
CONFLICTS OF INTEREST
LOCATION IN
PROSPECTUS
Investment
Professional
Compensation
Your investment professional may receive compensation relating to
your ownership of a Policy, both in the form of commissions and
continuing payments. These investment professionals may have a
financial incentive to offer or recommend paying additional
premiums under the Policy over another investment.
“Distribution of the
Policies”
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CONFLICTS OF INTEREST
LOCATION IN
PROSPECTUS
Exchanges
Some investment professionals may have a financial incentive to
offer you a new policy in place of your current Policy. You should
only exchange your Policy if you determine, after comparing the
features, fees, and risks of both policies, that it is better for you to
purchase the new policy rather than continue to own your existing
Policy.
“Distribution of the
Policies”
“Policy Rights–
Exchange Privilege”
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DEFINITIONS
Age — The age in full years of the Insured at issue of the Policy plus the number of full Policy Years completed since issue. A full Policy Year is completed upon the commencement of the next succeeding Policy Year.
Beneficiary — The beneficiary is the person or persons designated by the Policy Owner to receive the insurance proceeds upon the death of the Insured. Unless otherwise stated in the Policy, the Beneficiary has no rights in a Policy before the death of the Insured. If there is more than one Beneficiary at the death of the Insured, each will receive equal payments unless otherwise provided by the Policy Owner.
Cash Surrender Value — The Cash Value less any Indebtedness, any accrued and unpaid Monthly Deduction and any applicable transaction charge.
Cash Value — The sum of the Policy cash values in the Fixed Account, the Investment Divisions of the Separate Account and the Policy Loan Account.
Date of Policy — The date set forth in the Policy that is used to determine Policy Years and Policy Months. Policy anniversaries are measured from the Date of Policy.
Date of Receipt — The date that premium payments and communications will be deemed to be received at our Designated Office.
Designated Office —  Our designated office varies based on the type of service request or transaction that you are making. The most recent correspondence or annual statement sent to you will have the address and telephone number that you can use to contact us for specific transactions and requests. Your premium payment bill will have the address and telephone number that you can use to pay premiums. We will notify you if there are changes to this information.
Final Date — The policy anniversary on which the Insured is age 95.
Fixed Account — An account which is part of the General Account and to which Metropolitan Tower will allocate net premiums as directed by the Policy Owner and credit certain fixed rates of interest. Aspects of the Fixed Account are briefly summarized in the Prospectus in order to give a better understanding of how the Policy functions.
Fund — An underlying mutual fund in which the Separate Account assets are invested.
General Account — The assets of Metropolitan Tower other than those allocated to the Separate Account or any other separate account.
Guideline Annual Premium — The level annual amount of premium that would be payable through the Final Date of a Policy for the Specified Face Amount of the Policy if premiums were fixed by Metropolitan Tower as to both timing and amount and were based on 1980 Commissioners Standard Ordinary Mortality Tables, net investment earnings at an annual effective rate of 5%, and fees and charges as set forth in the Policy and any Policy riders.
Indebtedness — The total of any unpaid Policy loan and loan interest.
Insured — The person upon whose life the Policy is issued.
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Investment Start Date — The date the first premium is applied to the Fixed Account and/or the Separate Account. It is the later of (1) the Date of Policy and (2) the date the first premium for a Policy is received at our Designated Office.
Investment Division — A subdivision of the Separate Account. The assets in each Investment Division are invested exclusively in the shares of a specified Portfolio.
Loan Value — The maximum amount that may be borrowed under the Policy. The loan value equals the Policy's Cash Surrender Value less two Monthly Deductions, or, if greater, 75% (90% in Virginia and Maryland) of the Cash Surrender Value (or, in Texas, the Policy's Cash Surrender Value less the Monthly Deductions to the end of the Policy year, if greater).
Minimum Initial Specified Face Amount — The minimum Specified Face Amount of insurance for which a Policy may be issued. Currently, the amount is $100,000 for Insureds in the preferred rate class and $50,000 for all other Insureds.
Monthly Anniversary — The same date in each month as the Date of Policy. For purposes of the Separate Account, whenever the monthly anniversary date falls on a date other than a Valuation Date, the next Valuation Date will be deemed to be the monthly anniversary.
Monthly Deduction — Charges deducted monthly from the Cash Value of a Policy and which include the monthly cost of term insurance, the monthly cost of any benefits provided by riders, and the monthly Policy charges.
Planned Periodic Premium — The Policy Owner's self-determined level-amount premium planned to be paid at fixed intervals over a specified period of time.
Policy — The flexible premium multifunded life insurance policy offered by Metropolitan Tower and described in this Prospectus.
Policy Loan Account — An account within the General Account to which Cash Value from the Separate Account and/or the Fixed Account in an amount equal to a Policy loan requested by a Policy Owner is transferred.
Policy Month — The month beginning on the Monthly Anniversary.
Policy Owner (“Owner”) — The person so designated in the application or as subsequently changed.
Policy Year — A Policy Year is a 12 month period between the anniversaries of a Policy. The first policy year starts on the Date of Policy.
Portfolio — A Portfolio represents a class (or series) in an underlying mutual fund (“Fund”) in which an investment division's assets are invested.
Separate Account — Metropolitan Tower Separate Account Two, a separate investment account of Metropolitan Tower through which premiums paid under the Policy are invested to the extent allocated to the Separate Account by the Policy Owner.
Specified Face Amount — The amount set forth on the face of the Policy.
Target Premium — The estimated annual amount which would keep a Policy in force to maturity based on the Insured's attained Age and sex, the Specified Face Amount of insurance and reasonable estimates of mortality and interest.
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Valuation Date — Each day on which the New York Stock Exchange is open for trading or, on days other than when the New York Stock Exchange is open, on which it is determined that there is sufficient degree of trading in the Portfolio's securities that the current net asset value of its redeemable securities might be materially affected. Valuations for any date other than a Valuation Date will be determined as of the next Valuation Date.
Valuation Period — The period between two successive Valuation Dates, commencing at 4:00 p.m., Eastern Time, on each Valuation Date and ending at 4:00 p.m., Eastern Time, on the next succeeding Valuation Date.
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APPENDIX A: PORTFOLIOS AVAILABLE UNDER THE POLICY
The following is a list of the Portfolios currently available under the Policy. More information about the Portfolios is available in the prospectuses for the Portfolios, which may be amended from time to time and can be found online at dfinview.com/metlife/tahd/MET000508. You can also request this information at no cost by calling (833) 642-1007 or by sending an email request to RCG@metlife.com. Updated performance information for the Portfolios is also available at www.metlife.com or by calling (833) 642-1007.
The current expenses and performance information below reflects fees and expenses of the Portfolios but does not reflect the other fees and expenses that the Policy may charge. Expenses would be higher and performance would be lower if these other charges were included. Each Portfolio’s past performance is not necessarily an indication of future performance.
 
FUND
TYPE
PORTFOLIO AND
ADVISER/SUBADVISER
CURRENT
EXPENSES
AVERAGE ANNUAL
TOTAL RETURNS
(as of 12/31/2025)
1
YEAR
5
YEAR
10
YEAR
International Equity
Baillie Gifford International Stock Portfolio* -
Class A
Brighthouse Investment Advisers, LLC
Subadviser: Baillie Gifford Overseas Limited
0.74%
19.31%
0.96%
7.62%
US Fixed Income
BlackRock Bond Income Portfolio* - Class A
Brighthouse Investment Advisers, LLC
Subadviser: BlackRock Advisors, LLC
0.38%
7.95%
-0.17%
2.38%
US Fixed Income
BlackRock Ultra-Short Term Bond Portfolio* -
Class A
Brighthouse Investment Advisers, LLC
Subadviser: BlackRock Advisors, LLC
0.37%
4.15%
3.09%
2.10%
Allocation
Brighthouse/Wellington Balanced Portfolio -
Class A
Brighthouse Investment Advisers, LLC
Subadviser: Wellington Management Company
LLP
0.52%
12.67%
7.45%
9.41%
US Equity
Brighthouse/Wellington Large Cap Research
Portfolio* - Class A
Brighthouse Investment Advisers, LLC
Subadviser: Wellington Management Company
LLP
0.54%
15.91%
12.30%
13.62%
US Equity
Frontier Mid Cap Growth Portfolio* - Class A
Brighthouse Investment Advisers, LLC
Subadviser: Frontier Capital Management
Company, LLC
0.69%
5.16%
3.79%
10.15%
Global Equity
Invesco Global Equity Portfolio* - Class A
Brighthouse Investment Advisers, LLC
Subadviser: Invesco Advisers, Inc.
0.58%
15.88%
7.56%
11.28%
US Equity
MetLife Stock Index Portfolio* - Class A
Brighthouse Investment Advisers, LLC
Subadviser: MetLife Investment Management,
LLC
0.27%
17.59%
14.13%
14.53%
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FUND
TYPE
PORTFOLIO AND
ADVISER/SUBADVISER
CURRENT
EXPENSES
AVERAGE ANNUAL
TOTAL RETURNS
(as of 12/31/2025)
1
YEAR
5
YEAR
10
YEAR
US Equity
Morgan Stanley Discovery Portfolio* - Class A
Brighthouse Investment Advisers, LLC
Subadviser: Morgan Stanley Investment
Management Inc.
0.65%
13.55%
-5.58%
14.29%
US Equity
T. Rowe Price Small Cap Growth Portfolio - Class A
Brighthouse Investment Advisers, LLC
Subadviser: T. Rowe Price Associates, Inc.
0.51%
10.30%
5.75%
10.88%
US Fixed Income
Western Asset Management Strategic Bond
Opportunities Portfolio* - Class A
Brighthouse Investment Advisers, LLC
Subadviser: Western Asset Management
Company, LLC
0.57%
9.07%
1.42%
4.03%
*
The Portfolio is subject to an expense reimbursement or fee waiver arrangement. The annual expenses shown reflect temporary fee reductions.
The fee and expense information regarding the Portfolios was provided by those Portfolios.
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To learn more about the Policy, you should read the Prospectus and SAI dated the same date as this Updating Summary Prospectus which are incorporated herein by reference and are legally a part of this Updating Summary Prospectus. They include additional information about the Policy and the Separate Account. You can find these documents online at dfinview.com/metlife/PUFT/MET000508. For a free copy of the Prospectus and SAI and to request other information about the Policy, please call (833) 642-1007 or send an email request to RCG@metlife.com.
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