Life Insurance Quotes

MassMutual increases payout for policyholders in 2012

11/01/11

Massachusetts Mutual Life Insurance Company recently announced it will pay an estimated $1.33 billion in dividends in 2012 to participating policyholders who meet eligibility requirements.

The pay out amount is $105.5 million higher than last year, marking an 8.6 percent increase and a key component to MassMutual's offerings to policyholders, which has been in place since the 1860s and engineered to benefit policyholders.


"In a continuing unstable economic environment, consumers are seeking security with financially strong, stable companies that truly have their best interests in mind," said Roger Crandall, chairman, president and CEO at MassMutual. "The value of doing business with a mutual company has never been more abundantly clear, and MassMutual is proud to deliver on that enduring value by continuing our legacy of strong dividend payouts."

Meanwhile, Allstate is reporting profits for the third quarter despite significant weather-related losses attributed to the array of natural disasters experienced by parts of the nation during that time period. Consumers who are interested in paying less for insurance coverage can compare quotes online from different companies to single out the most attractive price.

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