Category: Company Reviews
For over 160 years, MassMutual has been protecting families.
You won’t find too many life insurance companies that rival MassMutual’s strength.
Ratings as of 03/2021 and are subject to change.
With over $830 billion of protection in force, it seems pretty certain that MassMutual will be there when you need them.
As a comparison, New York Life has $1 trillion in protection in force.
Like a lot of companies, MassMutual is working on ways to reduce the time to life insurance approval.
Coverpath is MassMutual’s digital application process.
The application and policy are done electronically.
Algorithms are used to help determine if a paramedical exam will be required for your policy.
It’s possible that some people may be approved the same day without an exam.
There are also instances where electronic medical records may be accepted instead of a paramedical exam.
This all depends on the quality of your medical records, assuming you have current records and labs available for review.
It may be possible to obtain up to $3 million in coverage for some insureds.
For term life insurance, there are a number of more competitive pricing options available.
If you’re looking for whole life insurance, MassMutual is near the top for most cases.
The Vantage Term Series is a level term life insurance policy.
There is a second version called Vantage Term ECP which has an Extended Conversion Period.
MassMutual offers the following:
MassMutual offers a lot of different whole life insurance policies that we don’t go into all the details here.
If you have interest in receiving a whole life insurance quote, we would review your objectives first.
We would then obtain the full company illustrations for your review and go over the details with you.
Some Highlights of MassMutual whole life:
Other companies with whole life insurance policies to compare to include Northwestern, Guardian, and others.
The availability of riders varies by product, state of residence, age, underwriting, etc.
We’ll let you know exactly what is available for your policy.
Three universal life insurance policies are available.
The Universal Life Guard and Survivorship Universal Life Guard policies are no-lapse guaranteed products.
They are designed to provide you with a no-lapse guaranteed death benefit up to your lifetime.
The Universal Life Navigator is a cash value accumulation universal life policy.
Haven Life is a life insurance agency backed by and wholly owned by MassMutual.
Two term life insurance policies are offered.
Haven Term
Haven Simple
When Haven was first introduced to the market, not many carriers offered accelerated underwriting with no exams.
Now you will find that Haven Life policies are expensive compared to Protective Life, North American, etc.
MassMutual offers customer service via phone, online and mail if needed.
You can set up online policy owner access here
The customer service phone number is 800-272-2216
The home office is located at 1295 State Street – Springfield, Massachusetts 01111
MassMutual is a great company from a financial strength standpoint.
From a competitive standpoint, there are usually more competitive companies available.
Please submit your request for quotes and we will provide you with comparisons of Mass Mutual and competitors. Thank you.
We take our responsibility seriously and will do whatever we can to make sure you end up with the best life insurance company based on your unique life insurance needs and situation.
Kind words from happy customers who have a lot to say about our service!