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Executive Group Life Insurance

A valuable and flexible employer sponsored, group life insurance program specifically designed for executives.

executive group life

Improving executive benefit solutions

Offer a powerful solution to your employer clients that can provide substantial additional benefits for their most valued employees. Executive Group Life (EGL) is a valuable and flexible employer sponsored group life insurance program specifically designed for top performing executives. EGL gives executives access to potentially higher coverage amounts than are typically available under a company-sponsored group term life insurance plan.

With EGL, the executive population is carved out of the company’s group term insurance pool and placed in an executive pool. This strategy excludes the higher coverage amounts from the group term life plan and can decrease the group term life plan costs. Executives can take advantage of the potentially higher benefit value of the insurance products offered under EGL, while the cost to the company is often offset by the reduction in the group term plan costs.

    Flexible solutions

    Flexible solutions to recruit, reward and retain top talent

    MassMutual’s Executive Group Life insurance coverage consists of two attractive products that can meet the financial needs of today’s executives – Strategic Group Universal Life II (SGUL II) and Strategic Group Variable Universal Life II (SGVUL II).

    Higher Face Amounts
    Higher Face Amounts

    Offer highly-compensated executives a generous death benefit that can help them to feel confident that they’ve taken steps to protect their family’s lifestyle after their death.

    Tax advantages
    Tax advantages

    Potential for tax-deferred growth of account value. And generally, income tax-free death benefit coverage.

    Premium flexibility
    Premium flexibility

    Executives are given the option to pay additional premiums to potentially increase the account value.

    SGUL II and SGVUL II

    SGUL and SGVUL II are affordable, easy-to-administer life insurance products to carve out an executive benefit plan for highly compensated staff.

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    Choosing the right benefits to attract and retain the best talent for your clients' organizations can influence future success. Executive Group Life (EGL) insurance from Massachusetts Mutual Life Insurance Company (MassMutual) can be a powerful benefit to offer the top executives that help businesses succeed. Contact us to learn more.

    The information provided is not written or intended as specific tax or legal advice. MassMutual, its subsidiaries, employees and representatives are not authorized to give tax or legal advice. Individuals are encouraged to seek advice from their own tax or legal counsel.

    Products may not be available in all states. State variations may apply.

    To offer or sell MassMutual and subsidiary company variable products, producers must be a registered representative of MML Investors Services, LLC or of a broker-dealer that has a selling agreement with MML Distributors, LLC.

    Before purchasing a Strategic Group Variable Universal Life II insurance policy or certificate, investors should carefully consider the investment objectives, risks, charges and expenses of the policy and its underlying investment choices. For this and other information, they should obtain the prospectus for Strategic Group Variable Universal Life II and the prospectuses (or summary prospectuses, if available) for its underlying investment choices to read carefully before investing or sending money. You should also read these prospectuses carefully before recommending Strategic Group Variable Universal Life II. Prospectuses (or summary prospectuses, if available) are available on massmutual.com.

    Strategic Group Universal Life II (SGUL II) (policy/certificate forms GULPM II-2019 and GULCM II-2019, and GULPM-2015 and GULCM-2015 in certain states including North Carolina) is group flexible premium adjustable life insurance. This product is non-participating. The SGUL II policies and certificates are issued by Massachusetts Mutual Life Insurance Company (MassMutual), Springfield, MA 01111-0001.

    Strategic Group Variable Universal Life II (SGVUL II) (policy/certificate forms GVULPM II-2019 and GVULCM II-2019, and GVULPM-2015 and GVULCM-2015 in certain states including North Carolina) is group flexible premium adjustable variable life insurance. This product is non-participating. The SGVUL II policies and certificates are issued by Massachusetts Mutual Life Insurance Company (MassMutual), Springfield, MA 01111-0001.

    Principal Underwriters: MML Investors Services, LLC. MML Distributors, LLC. Subsidiaries of Massachusetts Mutual Life Insurance Company 1295 State Street, Springfield, MA 01111-0001.

    Securities offered through registered representatives of MML Investors Services, LLC, Springfield, MA 01111, or a broker-dealer that has a selling agreement with MM Distributors, LLC.

    FOR BROKER DEALER USE ONLY.

    CRN202306-264817