Insurance, Annuities, and Investments
With term and permanent life insurance, you make premium payments so that in the event of your passing, your loved ones and beneficiaries will receive the death benefit proceeds from the policy, income tax free. Term insurance is for a certain period of time, while permanent is for life as long as the premiums are paid.
If you have anyone that depends on you financially or if you don’t want to leave your loved ones with burial costs or debt, then you should consider life insurance. And if you’re just starting out and want to lock in an affordable rate for when you have a family, different types of life insurance can help with that, too.
Cover your mortgage
Cover other debt including student and business loans
Pay for college expenses
Fund retirement goals for your spouse
Term Life Insurance
Permanent Life Insurance
With whole life insurance, you’re guaranteed a death benefit, and you’re able to build up cash value over time. The cash value portion of your policy grows tax-deferred. In addition, you have the opportunity to earn dividends2, which are not guaranteed.
Much like whole life, universal life insurance has the potential to build cash value with the additional benefit of flexible premiums. This means if you ever need to lower your premiums for a specific time period, you may be able to.
If you’re interested in controlling how your premiums are invested, then variable universal life insurance may be an option for you. Like universal life, variable universal life insurance has flexible premiums and the potential to build account value with various investment options.
When you work with a financial professional, you can expect:
During your initial phone call, your financial professional will ask you questions to understand your financial goals and objectives.
After looking at your entire financial picture, your financial professional will provide you with suggestions to fill in the gaps so you can choose the products best suited for your situation.
If you're satisfied with their recommendations, they work with you to secure the products and services to help ensure your financial future. This may require a medical exam.
Your financial professional will work with you over time through periodic reviews to help you monitor the strategies in place, and their capacity to continuously meet your goals.
we've been helping people secure their financial future and protect the ones they love
of life insurance protection in force as of 12/31/20
Named for the
year in a row to World's Most Ethical Companies list by Ethisphere® Institute
in life insurance and annuity benefits paid in 2020
1 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.
2 Dividends are not guaranteed.
Insurance products issued by Massachusetts Mutual Life Insurance Company (MassMutual) (Springfield, MA 01111-0001) and its subsidiaries, C.M. Life Insurance Company and MML Bay State Life Insurance Company (Enfield, CT 06082).
Securities offered through registered representatives of MML Investors Services, LLC (MMLIS), Member SIPC® (www.SIPC.org), or a broker-dealer that has a selling agreement with MML Distributors, LLC (MMLD), Member SIPC®, or MML Strategic Distributors, LLC (MSD). MMLIS, MMLD, and MSD are subsidiaries of Massachusetts Mutual Life Insurance Company (MassMutual), Springfield, MA 01111-0001, Members FINRA (www.FINRA.org).