We take great pride in helping neighbors, friends, families, and business owners make good financial decisions. We hold strong to the belief that doing business the right way leads to long-lasting relationships with the communities we serve. Because what matters most to you, matters most to us.
Our Commitment to the Community
Our associates mirror the diversity of the communities in which we live and work. We are proud to support local charitable organizations, as well as to educate the public on important financial issues. We are committed to making life insurance available to everyone, even those who might not be able to afford it.
Local residents and businesses rely on us to help secure their financial futures, but our commitment doesn’t end there. Here’s how we are making a difference in our communities.
Our Measures of Community Value
Through 2018, MassMutual Chicago has:
- over $8.0 billion of life insurance coverage in force1.
- paid over $26.1 million in life insurance benefits2 and $4.7 million in disability income insurance benefits (claims)3 to our clients.
- paid $17.1 million in dividends4 to MassMutual Chicago clients who own eligible participating whole life policies with MassMutual.
- distributed $11.0 million in free5 life insurance to eligible families as part of MassMutual’s LifeBridgeSM Program.
Autism Speaks Chicago
We are proud supporters of Autism Speaks and their annual Solider Field Walk event. Autism Speaks is dedicated to promoting solutions, across the spectrum and throughout the lifespan, for the needs of individuals with autism and their families through advocacy and support; increasing understanding and acceptance of Autism Spectrum Disorder (ASD); and advancing research into causes and interventions.
MassMutual FutureSmart Challenge
Held in collaboration with select NBA teams, the MassMutual Future Smart Challenge is a national program that we participate in which offers middle school students the opportunity to learn about smart educational and financial choices in an exciting and interactive seminar. The goal of the program is to empower and challenge young leaders to take positive steps toward a successful career and financial security for themselves, their families, and their communities.
Junior Achievements Program
Junior Achievement is the world’s largest organization dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their future, and make smart academic and economic choices. In partnership with Junior Achievement we are focused on bringing the real world to students, opening their minds to their potential and preparing them for the world of work. Junior Achievement helps prepare students to develop successful financial management habits and empowers young people to own their economic success.
1Amount of individual life insurance in force at the end of the period related to products issued by Massachusetts Mutual Life Insurance Company and its subsidiaries, C.M. Life Insurance Company and MML Bay State Life Insurance Company (12/31/2018).
2 Amount of individual life insurance claims paid during the period related to products issued by Massachusetts Mutual Life Insurance Company and its subsidiaries, C.M. Life Insurance Company and MML Bay State Life Insurance Company (12/31/2018).
3 Amount of disability income insurance claims paid during the period related to products issued by Massachusetts Mutual Life Insurance Company (12/31/2018).
4The amount of dividends to whole life policyholders in 2018.
5MassMutual pays the premiums (12/31/2018).