September is Life Insurance
Awareness Month
Life insurance may be one of the most important purchases
you'll ever make. In the event of a tragedy, life insurance
proceeds can help pay the bills, continue a family business,
finance future needs like your children's education, protect
your spouse's retirement, and much more.
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In addition to providing valuable death benefit protection, whole life insurance offers the ability to
accumulate cash value over time. This cash value - also known as the living benefits of whole life – can be
used to supplement your retirement income or provide needed funds in an emergency.*
If you are like many Americans, you may have no life insurance or you may not have enough. If you do have
it, do you fully understand all of the potential benefits? Now is a great time to evaluate your long-term
financial goals and how life insurance can help you meet them.
* Distributions under the policy (including cash dividends and partial/full surrenders) are not subject to taxation up to the
amount paid into the policy (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 will 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.
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Insurance products issued by Massachusetts Mutual Life Insurance Company (MassMutual), 1295 State Street, Springfield, MA 01111-0001 and C.M. Life Insurance Company and MML Bay State Life Insurance Company, 100 Bright Meadow Boulevard, Enfield, CT 06082. Principal Underwriters: MML Distributors, LLC (MMLD) and MML Investors Services, Inc., (MMLISI) Members FINRA (www.finra.org) and SiPC (www.sipc.org). MMLD and MMLISI are subsidiaries of Massachusetts Mutual Life Insurance Company, 1295 State Street, Springfield, MA 01111-0001.
CRN201108-123967
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