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Last updated July 13, 2009
Founded in 1851, MassMutual is one of the oldest financial services groups in America. They offer a wide variety of products for individuals and businesses such as annuities, disability income insurance, life insurance, long-term care insurance, and retirement plans.
MassMutual is an international financial services firm with nearly 13 million clients worldwide and over $505 billion in assets under management at year-end 2007. Founded in 1851, MassMutual is a mutually owned financial protection, accumulation and income management company headquartered in Springfield, Massachusetts. MassMutual’s affiliates include OppenheimerFunds, Inc.; Babson Capital Management LLC; Baring Asset Management Limited; Cornerstone Real Estate Advisers LLC; MML Investors Services, Inc.; The MassMutual Trust Company, FSB; MML Bay State Life Insurance Company; C.M. Life Insurance Company (formerly the Connecticut Mutual Life Insurance Company); and MassMutual International LLC.
MassMutual’s long-term care insurance offers a variety of services and support to meet health and personal care needs over an extended period of time. This type of insurance helps relieve the emotional and financial strains a long-term care need can place on a family in addition to protecting assets, estate, and retaining more control and choice over future care. Long-term care insurance provides coverage for services that help disabled policyholders perform everyday activities such as eating, getting dressed, bathing and getting in and out of bed without assistance.
MassMutual Financial Group 1295 State Street Springfield, MA 01111-0001 Telephone: (800) 272-2216
Sources: “Long Term Care Insurance”, MassMutual web site, 2009; “Products and Services”, MassMutual web site, 2009; “MassMutual”, Wikipedia, June 1, 2009.