Mass Mutual life Insurance Company
Mass Mutual History
Massachusetts Mutual Life Insurance Company, also known as MassMutual, first opened its proverbial doors in 1851, in Springfield, Massachusetts. George W. Rice, an insurance agent for Connecticut Mutual Life, had wanted to open a business in the neighboring state of Massachusetts that, like his previous employer, was a mutual company (meaning that it’s a company owned by its policy holders.) MassMutual has evolved over time, changing from personal insurer to a financial giant over the years.
Mass Mutual at Present
Now, Massachusetts Mutual Life Insurance Company, or MassMutual, is mutual life insurance company at the forefront of its field. They have 1,800 offices total, and service 13 million clients around the world. The MassMutual Financial Group (MassMutual) operates in the United States, Hong Kong, Japan, Taiwan, Chile, Macau, China and Luxembourg. Mass Mutual is, at present, ranked 101 on the 2011 Fortune 500 list. Massachusetts Mutual Life Insurance Company earns revenues totaling approximately $25 Billion (as of 2010) and Assets under Management amounting to $448 Billion (also as of 2010). Mass Mutual also owns Oppenheimer Funds, Barings Asset Management, Babson Capital and Cornerstone Realty.
Mass Mutual Ratings
Following ratings apply to Massachusetts Mutual Life Insurance Company and its subsidiaries, C.M. Life Insurance Company and MML Bay State Life Insurance Company. Ratings are as of 1/1/2012 and are subject to change.
A.M. Best Company: A++ (Superior; top category of 15)
Fitch Ratings: AA+ (Very Strong; second category of 21)
Moody’s Investors Service: Aa2 (Excellent; third category of 21)
Standard & Poor’s: AA+ (Very Strong, second category of 2)
BeamaLife Insights
MassMutual is best for its whole life insurance policy. Mass Mutual has all other kinds of policies like term life insurance, variable life insurance and universal life insurance. Massachusetts Mutual Life Insurance Company’s whole life insurance will outperform most of the time to its competition in term of cash value, dividend and death benefit. Mass Mutual will be little bit expensive in term and universal life insurance compare to other life insurance companies. Please complete this short from to get FREE Mass Mutual Life Insurance or Annuity Quotes or call (877) 972-3262 now.
