What We Do

WHO YOU CHOOSE TO WORK WITH MATTERS

Consider an established, highly respected company based on demonstrated indications of quality and performance. Massachusetts Mutual Life Insurance Company (MassMutual) is a mutual life insurance company providing long-term value.

  • Has paid dividends to eligible participating policy owners every year since 1869.1
  • Has retained 121,224 policies for 50 years or longer as of December 31, 2018.
  • Paid $5.3 billion in insurance and annuity benefits in 2018.

Strong, stable company with consistent growth

  • Ended 2018 with $702 billion of assets under management.2
  • Finished 2018 with a record level of total adjusted capital — nearly $20 billion — while surplus remained strong at $15.6 billion; both are key indicators of the company’s financial strength.3
  • Achieved industry-leading weighted4 whole life insurance sales of $628 million in 2018.
  • Attained $18.3 billion in total Workplace and Institutional sales, with sales from our Institutional businesses topping $10 billion in 2018.
  • Supported a national network of approximately 8,900 financial professionals at year-end 2018.
  • Ranked No. 84 on the 2019 FORTUNE® 500 list.5

Responsible company

  • Provided nearly $20 million in charitable contributions in 2018, focusing on financial wellness and access to economic opportunity. We launched the Live Mutual Project, our Foundation-led initiative that brings together community members and resources to build a strong foundation for financial well-being today and for future generations.
  • Our proprietary financial education program for middle and high school students — FutureSmartSM — continued to expand its footprint in our nation’s schools, reaching just over 1.5 million students nationwide. We aspire to reach 2 million students and families by 2020 and are on track to exceed this goal.
  • Issued more than $700 million of life insurance coverage since 2002 through MassMutual’s LifeBridgeSM Free Life Insurance Program.6

1 Dividends are determined annually, subject to change and not guaranteed.

2 Assets Under Management include assets and certain external investment funds managed by MassMutual subsidiaries, including OppenheimerFunds, Inc. and Barings. MassMutual sold OppenheimerFunds to Invesco on May 24, 2019.

3 These consolidated results also include MassMutual’s U.S.-domiciled, wholly owned subsidiaries: MML Bay State Life Insurance Company and C.M. Life Insurance Company.

4 Weighted sales are based on annualized new premium, with single premium payments calculated at 10 percent.

5 FORTUNE® and FORTUNE® 500 are registered trademarks of Time Inc. and are used under license. From FORTUNE® Magazine, June, 2019. ©2019 Time Inc. Used under license. FORTUNE® and Time Inc. are not affiliated with, and do not endorse products or services of MassMutual.

6 MassMutual pays the premiums on $50,000 of term life insurance for eligible parents or guardians, with the benefit paid into a trust earmarked for their child’s education. Trust services provided by The MassMutual Trust Company, fsb, a wholly-owned subsidiary of MassMutual.