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JANUARY 06, 2023  |     The Indian Eye                     3































               Record policyowner dividend announced by MassMutual






                Springfield, Mass. - Nov. 1, 2022 –                           total adjusted capital is over $33 billion  and its protection in
                                                                                                                1
                                                                                               1
                Massachusetts Mutual Life Insurance                           force is $918 billion . Reflecting its long-term commitment
                                                                              to delivering a competitive dividend while maintaining the
                Company (MassMutual) today                                    company’s financial strength, MassMutual has maintained a
                                                                              6.00% dividend interest rate  for its 2023 payout.
                                                                                                       2
                announced that its 2023 dividend
                payout, estimated at $1.9 billion, will set                   While dividends are not guaranteed, MassMutual’s
                                                                              participating products, including whole life and disability
                a new record for the company for the                          income insurance policies, are eligible to receive dividends.
                                                                              Generally, whole life policy dividends can be applied to add
                third year in a row. The company has                          to a policy’s coverage and cash value, reduce premiums

                paid dividends to eligible participating                      or policy loans, or taken as cash. Currently, three in four
                                                                              MassMutual policyowners elect to apply their dividends to add
                policyowners every year since 1869.                           to a policy’s coverage and over the long term, dividends can
                                                                              be a very strong contributor to the growth of a policy’s cash
                                                                              value and death benefit.

                                        “This year has brought no shortage    “Together with our employees and network of financial
                                        of instability and uncertainty        professionals, our broad portfolio of solutions for each stage
                                        – from geopolitical shocks, to        of life, and a personalized digital experience that we are
                                        rising inflation and supply chain     constantly enhancing, we are well-positioned to help people
                                        shortages, to volatility in the equity   navigate these challenging times and help millions more
                                        and bond markets – that have led      secure their future and protect the ones they love,”
                                        to a global economic slowdown,”       added Crandall.
                                        said Roger Crandall, chairman,
                                        president and CEO, MassMutual.
                “Yet at MassMutual, persevering through pressures like these
                is what we’ve done since our founding in 1851. Our record     About MassMutual
                dividend payout for 2023 is a testament to our financial      MassMutual is a leading mutual life insurance company that
                strength and stability, long-term investment approach,        is run for the benefit of its members and participating policy
                and pledge to deliver ongoing value to our policyowners.”     owners. Founded in 1851, the company has been continually
                                                                              guided by one consistent purpose: we help people secure
                MassMutual’s overall operating fundamentals and portfolio of   their future and protect the ones they love. With a focus on
                strategic businesses and investments continue to be a distinct   delivering long-term value, MassMutual offers a wide range
                competitive advantage that have generated strong earnings     of protection, accumulation, wealth management and
                in a range of economic conditions. Today, the company’s       retirement products and services.





                                  To Learn More:
                                  https://www.massmutual.com/about-us







            1   As of June 30, 2022.
            2   The dividend and dividend interest rate (DIR) are determined annually, subject to change and are not guaranteed. Dividends for eligible participating life insurance policies primarily consist of investment, mortality and expense
            components. The DIR is used to determine the investment component of the dividend. It is not the rate of return on the policy and should not be the sole basis for comparing insurers or policy performance.
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