SPRINGFIELD, Mass., Nov. 1, 2012 /PRNewswire/ -- Massachusetts Mutual Life Insurance Company (MassMutual) today announced it will donate $100,000 to the American Red Cross Disaster Relief Fund in response to the devastating impacts of Hurricane Sandy.
"During this most difficult time, our thoughts are with the people impacted by this epic storm," said Roger Crandall, Chairman, President and CEO of MassMutual. "We hope that MassMutual's support will help bring some relief to those in need."
In addition to MassMutual's $100,000 contribution to the American Red Cross, the company will also match eligible contributions in support of the relief effort from employees and financial professionals through the company's Matching Gift Program.
"MassMutual has regularly been among the first to support Red Cross relief efforts in the past at major disaster events all across the country," said Rick Lee, Executive Director of the Pioneer Valley Chapter of the American Red Cross. "Today we are grateful for their generous help providing aid to those profoundly impacted by this historic storm."
MassMutual's disaster relief and servicing guidelines also help ensure that policyowners and clients in impacted areas have service and product options available to them when natural disasters occur. These may include extended grace periods, lost policy assistance, address change support, and various policy provisions. For more information, call (800) 272-2216 or visit www.massmutual.com.
Founded in 1851, MassMutual is a leading mutual life insurance company that is run for the benefit of its members and participating policyholders. The company has a long history of financial strength and strong performance, and although dividends are not guaranteed, MassMutual has paid dividends to eligible participating policyholders consistently since the 1860s. With whole life insurance as its foundation, MassMutual provides products to help meet the financial needs of clients, such as life insurance, disability income insurance, long term care insurance, retirement/401(k) plan services, and annuities. In addition, the company's strong and growing network of financial professionals helps clients make good financial decisions for the long-term.
MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliated companies and sales representatives. MassMutual is headquartered in Springfield, Massachusetts and its major affiliates include: Babson Capital Management LLC; Baring Asset Management Limited; Cornerstone Real Estate Advisers LLC; The First Mercantile Trust Company; MassMutual International LLC; MML Investors Services, LLC, Member FINRA and SIPC; OppenheimerFunds, Inc.; and The MassMutual Trust Company, FSB.
SOURCE MassMutual Financial Group