Life Insurance

• Term Life

  For those looking for the coverage they need at a cost they can afford or have a specific need for a certain period of time, term insurance is often a good option.
  
  Permanent Life
  For others who prefer the added flexibility and security that owning life insurance for their entire lives can offer, permanent insurance is typically purchased. In many instances, people find that their objectives are best met with a combination of both term and permanent insurance. What are the different kinds of permanent insurance?

• Whole Life

  Whole life insurance provides protection for a lifetime as long as premiums are paid. It offers guarantees that you can’t find in other forms of life insurance, including guaranteed premiums that will not increase, a guaranteed death benefit and guaranteed cash value growth.

• Universal Life

  Universal life insurance provides lifetime death benefit protection along with flexibility that gives you choices as your needs and finances change. It offers options such as coverage amounts that may be increased or decreased, and premiums that you can vary based on your finances as long as there is enough money in the account to pay for the monthly insurance and administrative charges.

• Variable Universal Life**

  Variable universal life insurance is a flexible premium, permanent insurance product combining death benefit protection with the ability to allocate net premiums and account values amounts among divisions of the Separate Account and Guaranteed Principal Account.

• Survivorship Life

  Survivorship life insurance covers the lives of two individuals with one policy. It pays a death benefit after both insureds have died. The cost for this policy is usually lower than the cost of two individual policies.

• Talk to a Financial Professional.

 

Guarantees are based on the claims paying ability of the issuing company.

*Distributions under the policy (including cash dividends and partial/full surrenders) are not subject to taxation up to the amount paid into the policy (the cost basis). If the policy is a Modified Endowment Contract, policy loans and/or distributions are taxable to the extent of gain and are subject to a 10% tax penalty. Access to cash values through borrowing or partial surrenders can reduce the policy's cash value and death benefit, increase the chance the policy will lapse, and may result in a tax liability if the policy terminates before the death of the insured.

**Variable life insurance policies are sold by prospectus. Before purchasing a variable life insurance policy, investors should carefully consider the investment objectives, risks, charges and expenses of the variable life insurance policy and its underlying investment choices. For this and other information, obtain the prospectuses for the variable life insurance policy and its underlying investment choices from your registered representative or click here for our financial documents. Please read the prospectuses carefully before investing or sending money.

 

Please read our Procedures to Discourage Excessive Trading.

 

 

 

Principal Underwriter MML Distributors, LLC 1295 State Street Springfield, MA  01111-0001	Wholly owned subsidiary of Massachusetts Mutual Life Insurance Company 1295 State Street Springfield, MA 01111-0001