Mass Mutual Information Guide | Whole Life Insurance for Cash Value | Policy Info, Loan Rates + More

In this video, we delve into the ins and outs of Mass Mutual Whole Life Insurance, specifically focusing on cash value accumulation, policy details, and loan options. If you're interested in securing your financial future and building cash value over time, this is the video for you!

💰 **Guaranteed Cash Values & Interest Rates:**

- Mass Mutual offers a range of attractive guaranteed interest rates on their Whole Life Limited Pay Series products:
- Whole Life 10 Pay: 2%
- Whole Life 12 Pay: 3%
- Whole Life 15 Pay: 2.5%
- Whole Life 20 Pay: 3% (up to age 100, 0% thereafter) and equals the face amount at age 100.

💼 **Loan Information:**

- We discuss the loan options available with Mass Mutual Whole Life Insurance, which can be a valuable feature for accessing cash when needed.
- Adjustable Loan Interest Rate (non-direct recognition): The adjustable loan interest rate is automatically applied if no other election is made.
- Fixed 6% Loan Interest (direct recognition): Mass Mutual offers a fixed loan interest rate for added stability and predictability.

💡 **Additional Insights on Loan Rates:**

- The loan provision cannot be changed after issue, so it's essential to understand your options before finalizing your policy.
- The Adjustable Loan Rate is calculated based on the monthly average of Moody’s Corp Bond Index or the Policy’s guaranteed interest rate plus 1% (whichever is higher).

📌 **Life Insurance Supplement Rider (LISR):**

- For those with the Life Insurance Supplement Rider attached, only the Adjustable Loan Interest Rate is available.
- We explore how this rider impacts payment flexibility, providing useful insights to consider.

💼 **Additional Life Insurance Rider (ALIR):**

- We also delve into the benefits and considerations of the Additional Life Insurance Rider (ALIR) for 10-pay or 12-pay policies with or without LISR.
- Understanding ALIR as an "Annual Bill" early on is crucial, and we explain how payment flexibility evolves over time.
- Discover the specifics of the two-year grace period allowed by Mass Mutual after hitting years 1, 2, and 3 without payments, and what happens if you miss this window.
- Learn about the potential impact on your total ALIR allowed payment if payments are reduced or missed during this grace period.

🔔 **Stay Informed and Empower Your Financial Future:**

- By watching this video, you'll gain a comprehensive understanding of Mass Mutual Whole Life Insurance and how it can be a valuable tool for cash value accumulation and financial security.
- Remember to subscribe to our channel and hit the notification bell so you won't miss any future updates or insightful videos on financial planning, insurance, and investment topics.

Alpha Crusaders LLC - As a brokerage based in Portland, Oregon, we provide customized insurance solutions and expert guidance to clients throughout the United States such as Oregon, New York, Florida, California, Washington, Michigan, North Carolina, Texas, and more!

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DISCLAIMER:
All advice and/or opinions expressed in our videos are the result of our experience in the insurance and financial industries. Any action taken based on the information expressed in our videos is the sole responsibility of the viewer. All content produced is for informational purposes only.

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