MassMutual provides financial products such as life insurance, disability income insurance, long term care insurance, retirement/401(k) plan services, and annuities.

Independent rating agencies assess a company's financial strength and capacity to meet its obligations to policyowners and other customers. MassMutual's financial strength ratings are among the highest of any company in any industry.

An insurance company owned by its policyholders is a mutual insurance company. A mutual insurance company provides insurance coverage to its members and policyholders at or near cost. Any profits from premiums and investments are distributed to its members via dividends or a reduction in premiums.

Yes, MassMutual is reputable. Both AM Best and Standard & Poor's give the insurer high ratings based on the company's financial strength.

MassMutual is a leading provider of stable value investments with a strong legacy of delivering on our commitments through multiple economic cycles.

MassMutual earned 5 stars out of 5 for overall performance. NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account consumer experience, complaint data from the National Association of Insurance Commissioners and financial strength ratings.

The three main advantages of mutual insurers - customer focus, stable ownership, and the opportunity to receive dividends uninfluenced by Wall Street factors - doesn't necessarily mean they are the right choice for everyone interested in purchasing life insurance.

Advantages of a Mutual Company A major selling point of mutual insurance companies is its shared ownership structure. Policyholders get some of the cost of their premiums back in the form of dividends or reduced premium prices. Many mutual companies have changed to a joint stock corporate structure.

It provides permanent coverage, guaranteed premiums that don't increase, has guaranteed cash values, a guaranteed death benefit, and offers possible dividends.

Life insurance covers the insured person's life. So if you pass away while your policy is active, your beneficiaries can use the payout to cover whatever they choose - medical bills, funeral costs, education, loans, day-to-day costs, and even savings.

A mutual insurance company is one that is owned by its policyholders, not by outside investors. This makes it different from a stock insurance company, which is owned by shareholders and traded publicly. Both kinds of companies are in the business of selling insurance.

Financial Strength Ratings4