Mass Mutual Coverage for Undocumented Residents
- October 30, 2023
- Carrier News, Life Insurance, UNDERWRITING
Mass Mutual has new underwriting updates: Undocumented US residents who can demonstrate a tie to the US and a financial need for life insurance may now be considered for coverage.
The following may qualify as Undocumented U.S. Residents:
- Individuals with expired temporary visas that fall outside of our current expired visas guidelines.
- Individuals who have never had a valid visa.
- Individuals considered to be Deferred Action for Childhood Arrivals (DACA) recipients.
Individual MassMutual Whole Life and Term products, up to a maximum death benefit of $1 million, are available.
The following riders are also available:
- Waiver of Premium (WP)
- Renewable Term Rider (RTR)
- Life Insurance Supplement Rider (LISR)
- Additional Life Insurance Rider (ALIR)
Click here for the full bulletin.
- October 30, 2023
- Benkis Barrueta
- Carrier News, Life Insurance, UNDERWRITING
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