All pages of a signed and dated illustration must be submitted with the application
DocuSign for Illustrations now available!
For applications in NY State that require a signed illustration you can now have the client DocuSign prior to attaching to EZ-app. Click here for directions. As a reminder, if the client is applying for multiple policies each illustration must be signed and attached to the EZ-app. There will be no exceptions.
Because of financial suitability requirements included in Regulation 187, MassMutual no longer allows term insurance conversions to the Additional Life Insurance Rider (ALIR) in New York, effective Dec. 31, 2019.
Beginning March 1 in all states except New York, the company will permit conversions of term policies to scheduled, unscheduled, or planned ALIR as follows:
Brokers are required to do more leg work before application submission when replacing a policy. Please note that this does not replace the current MassMutual Regulation 60 process, this is in addition to. *There is no exception to the submission of the below requirements with an application.