MassMutual Announces 2015 Dividend

Breaking News: MassMutual Announces 2015 Dividend

The MassMutual Life Insurance Company announced its 2015 dividend. Citing the fact that this will be the 17th year the Springfield, MA based insurer has paid over $1 billion in dividends to its participating policy holders.

The exact dividend payout will total $1.6 billion in total representing a $92 million increase over last year and the dividend interest rate will be 7.1% in 2015. This means the dividend interest rate will remain at the same level as 2014.

Chairman and CEO Roger Crandall noted that MassMutual's enduring financial strength, long-term investment strategy, and diverse mix of business were all contributing factors to the payment of this dividend.

Of the $1.6 billion to be paid in dividends $1.55 billion will go to participating whole life policy holders with the remaining funds to go towards other participating insurance policies issued by MassMutual and/or its subsidiary companies.

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About the Author Brandon Roberts

Brandon launched the Insurance Pro Blog in July of 2011 as a project to de-mystify the life insurance industry. A specialist in the design and application of life insurance cash accumulation features, Brandon is one of the foremost authorities on the subject of coordinating life insurance cash values in a financial plan.

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