Company continues practice of reaching out to policyowners in times of critical need
(Springfield, MA) – Massachusetts Mutual Life Insurance Company (MassMutual) today announced plans to donate $100,000 to support the communities affected by the recent tornadoes in Oklahoma and across the Midwest. The company will also match donations made by eligible MassMutual employees and financial professionals through the company’s Matching Gift Program. All contributions will be made to the American Red Cross Disaster Relief Fund.
“Our thoughts and deepest sympathies are with the thousands of people impacted by the devastation of these violent storms,” said Roger Crandall, Chairman, President and CEO of MassMutual. “We hope that our support will help bring some much-needed relief to the families in these areas.”
MassMutual is also attempting to contact policyowners in affected areas who are receiving disability income insurance benefits from the company. This is MassMutual’s standard procedure for responding to natural disasters by helping to ensure that our customers are safe, and the proper arrangements are made so they continue to receive their benefits.
MassMutual also reports that its financial professionals and their families in the affected areas are safe and accounted for. MassMutual’s core offices are fully operational across the U.S., and financial professionals in local communities and home office staff are available to assist customers with any questions.
Additionally, MassMutual’s disaster relief and servicing guidelines help ensure that policyowners and clients in impacted areas have service and product options available to them when natural disasters occur. These may include extended grace periods, lost policy assistance, address change support, and various policy provisions. For more information, review MassMutual’s Disaster Relief and Servicing Guidelines or call our Customer Service Center at (800) 272-2216.
Founded in 1851, MassMutual is a leading mutual life insurance company that is run for the benefit of its members and participating policyowners. The company has a long history of financial strength and strong performance, and although dividends are not guaranteed, MassMutual has paid dividends to eligible participating policyowners consistently since the 1860s. With whole life insurance as its foundation, MassMutual provides products to help meet the financial needs of clients, such as life insurance, disability income insurance, long term care insurance, retirement/401(k) plan services, and annuities. In addition, the company’s strong and growing network of financial professionals helps clients make good financial decisions for the long-term.
MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliated companies and sales representatives. MassMutual is headquartered in Springfield, Massachusetts and its major affiliates include: Babson Capital Management LLC; Baring Asset Management Limited; Cornerstone Real Estate Advisers LLC; The First Mercantile Trust Company; MassMutual International LLC; MML Investors Services, LLC, Member FINRA and SIPC; OppenheimerFunds, Inc.; and The MassMutual Trust Company, FSB.