MassMutual today announced the introduction of Whole Life Guard 10 Pay and Whole Life 95, two new participating whole life insurance policies designed to help people address a range of long-term financial protection and planning needs. The additions further strengthen MassMutual’s whole life insurance portfolio, providing greater choice and flexibility with permanent life insurance coverage.

Both policies provide:

  • Lifelong protection

  • Cash value accumulation, tax-deferred

  • Opportunity to receive dividends (while not guaranteed, MassMutual has paid dividends to eligible participating policyowners every year since 1869)

“The introduction of these new policies reflects MassMutual’s ongoing commitment to providing solutions to help people meet a variety of financial goals,” said Elizabeth Forget, head of product, MassMutual. “These policies are supported by MassMutual’s financial strength and claims paying ability and provide lifelong protection with guarantees and the potential for more cash value accumulation through policyowner dividends.”

  • Designed to provide solutions to families and business owners as they plan for the future, Whole Life Guard 10 Pay is ideal for people looking for affordable, limited pay, permanent life insurance coverage.

“The new 10-pay policy supports wealth transfer and legacy planning, juvenile gifting, and common business planning scenarios,” said Forget.

  • For those who prefer to spread their premium payments out over a longer duration while accumulating meaningful cash value in the early years, Whole Life 95 is ideal as the policy combines permanent death benefit protection with cash value accumulation that begins in early policy years.

In addition to Whole Life Guard 10 Pay and Whole Life 95, MassMutual also offers Whole Life 65/100, Whole Life 8/10/15/20 Pay, Whole Life High Early Cash Value, Survivorship Whole Life 100, and Survivorship Whole Life 12 Pay.

“Whole life insurance can be the backbone of a wealth building strategy as it provides a level of protection unlike any other financial instrument,” continued Forget. “People who seek certainty, permanence and guarantees in their financial plans will gravitate to these new policies and features that can help them with estate and legacy planning, intergenerational wealth transfer, grandparent gifting strategies, business planning scenarios, and more.”

The products and/or certain features may not be available in all states. State variations will apply.

MassMutual Whole Life series policies ((Policy Forms: MMWL-2018 and ICC18-MMWL in certain states, including North Carolina)/(MMWLA-2018 and ICC18-MMWLA in certain states, including North Carolina)) are level-premium, participating, permanent life insurance policies issued by Massachusetts Mutual Life Insurance Company (MassMutual), Springfield, MA 01111-0001.

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About MassMutual (Massachusetts Mutual Life Insurance Company)

For 175 years, MassMutual has stood beside generations through life’s defining moments, guided by a clear, enduring purpose: We help people secure their future and protect the ones they love. What began in 1851 as a bold idea rooted in neighbors helping neighbors has grown into one of America’s largest mutual life insurance companies, serving more than four million customers1 with over $1 trillion in life insurance in force1 and $584 billion in assets under management, 2 all built on a foundation of more than $34 billion in capital strength. 3

MassMutual offers a broad range of products and services across protection, accumulation, wealth management, and retirement income, including annuities through our leading annuity provider, MassMutual Ascend. These solutions reach people through our expansive distribution, which is anchored by our dedicated network of affiliated financial professionals. For nearly two centuries, our offerings have helped people build, protect, and pass on what means the most to them. Through eras of extraordinary change, we have honored our commitments, paying upwards of $70 billion in insurance and annuity benefits over the past decade. 4

MassMutual is strengthened by a diversified portfolio of strategic businesses and investments – including Barings, our global alternative asset management subsidiary – which enables us to deliver greater long-term value to our policyowners. MassMutual has a longstanding, successful approach to bringing together deep life insurance expertise and advanced asset management capabilities, which put us at the forefront of this trend and helped pioneer growth beyond traditional industry boundaries. Through Barings, we have robust asset origination capabilities that have helped us achieve exceptional long-term performance for our policyowners.

Through it all, our scale provides strength; our mutuality provides alignment; and our purpose ensures we do not lose sight of who we serve. To learn more, visit massmutual.com.

1 As of December 31, 2025

2 Assets Under Management (AUM) include assets and certain external investment funds managed by MassMutual subsidiaries, including Barings and MassMutual Ascend, as of December 31, 2025

3 Capital strength refers to the company’s Total Adjusted Capital, as of December 31, 2025, as reported in statutory filings. Please refer to MassMutual’s Annual Report, https://www.massmutual.com/global/media/shared/doc/financial-documents/annual-reports/2025_annual_report.pdf

4 2016-2025

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