Universal life insurance can provide lifetime coverage to protect your family or business from financial loss. Learn more about the right coverage for you here.
Important legal information about the email you will be sending. By using this service, you agree to input your real email address and only send it to people you know. It is a violation of law in some jurisdictions to falsely identify yourself in an email. All information you provide will be used by Fidelity solely for the purpose of sending the email on your behalf. The subject line of the email you send will be "Fidelity.com: "
Universal life insurance can provide lifetime coverage in the form of a death benefit to protect your family or business from financial loss if something were to happen to you, or you and your spouse. This insurance payout is typically federal income tax-free,1 transferred separately from the rest of the estate, and can be a good choice for transferring wealth.
Available products
MassMutual UL GuardSM
MassMutual SUL GuardSM
May be appropriate for
Someone looking to provide income replacement for dependents, liquidity for their estate, or to transfer wealth
Two people looking to maximize wealth transfer to beneficiaries after they both die
Age availability
18–85
18–85
Coverage minimums
$50,000
$100,000
Premium payment options3
Pay once or in installments
2. As of October 29, 2021, Massachusetts Mutual Life Insurance Company has an A.M Best rating of A++ (Superior) and a Standard & Poor's rating of AA+ (Very Strong). Financial strength ratings are opinions from independent rating agencies of an insurer’s financial strength and ability to pay its insurance policies and contract obligations. They are not recommendations to purchase, hold, or terminate any insurance policy or contract issued by an insurer, nor do they address the suitability of any particular policy or contract for a specific purpose or purchaser. Ratings range from A++ to F for A.M. Best ratings, and AAA to CC for Standard & Poor's ratings, and are subject to change. For the latest ratings and definition of ratings, access www.ambest.com and www.standardandpoors.com.
The decision to purchase life insurance should be based on long-term financial goals and the need for a death benefit. Life insurance is not an appropriate vehicle for short-term savings or short-term investment strategies. Surrender charges apply for the first 19 years of the policy, which may decrease the policy surrender value substantially. While the policy allows for access to account values, you should know that there may be little to no account value available for loans and withdrawals in the early policy years. Taking withdrawals will decrease the no-lapse guarantee period. Borrowing from the policy may cause it to lapse.
/lifeinsurance_92028809-4b6132cdc97d48cf935221ca533011bc.jpg)
/GettyImages-491883967-3f07c7c3aa894fa7b34508cd8b387ce1.jpg)
SGB premature exit: Get 109% tax free returns on this Sovereign Gold Bond investment if applied for premature redemption on April 28, 2025
