Monday, November 14, 2005
MassMutual Reduces Cost of Optional Feature on Variable Annuities
Massachusetts Mutual Life Insurance Company (MassMutual) announced today it has reduced the cost of its optional Annual Ratchet Death Benefit feature available with the MassMutual Transitions Select(SM) and MassMutual Evolution(SM) deferred variable annuity contracts. The cost was lowered 0.10% to a current charge of 0.40% (on an annualized basis) of the daily value of assets invested in each fund, after fund expenses are deducted and will never exceed 0.90%. Both new and existing contract owners are eligible for the reduced-cost Annual Ratchet Death Benefit.
MassMutual Reduces Cost of Optional Feature on Variable Annuities
Source: Insurance News Net
MassMutual Reduces Cost of Optional Feature on Variable Annuities
Source: Insurance News Net
Permalink posted by armandn @ 7:55 AM 
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