The MassMutual difference. Ready to work for you.

| insure | invest | retire |

Sharing our strengths. Growing your business. For over 160 years, Massachusetts Mutual Life Insurance Company (MassMutual) has capitalized on its financial strength and delivered on its commitment to customer service. It’s a simple formula that has helped us thrive – and can help you maximize your business. It’s not boasting. It’s a proven reputation. Put it to work to further grow and diversify your business.

LIFE INSURANCE IS: NOT A BANK OR CREDIT UNION DEPOSIT OR OBLIGATION • NOT FDIC- OR NCUA-INSURED • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY • NOT GUARANTEED BY ANY BANK OR CREDIT UNION • MAY GO DOWN IN VALUE

Sharing knowledge. Enabling trust. Fostering success.

At MassMutual, we believe in empowerment. That’s why we’ve built a team of Brokerage Professionals who are 100 percent committed to helping you serve your clients and grow your business. Turn to your Brokerage Professionals for one-on-one support for all your client needs, including: • Case consultations • Illustration support • Liaison to advanced sales assistance • Marketing support • Plan designs and presentations • Product positioning strategies and expertise

Expand your business with personalized support from MassMutual Brokerage.

1

Providing the right protection

MassMutual’s long history and experience with quality products allows us to offer one of the most extensive insurance product portfolios in the industry. What this means to you is a full spectrum of products designed to meet your clients’ needs. Life insurance

Disability Income insurance

Our robust suite of life insurance products and riders enables

An injury or illness can financially devastate your

you to customize a personal protection strategy for your busi-

clients. Offer them flexibility and income protection with

ness and individual clients.

MassMutual’s flexible product portfolio of disability income insurance products for individuals and businesses, which have the ability to earn dividends.3 Satisfy clients’ unique needs

MassMutual offers an extensive life insurance product portfolio including:

• Whole Life • Survivorship Whole Life • Universal Life • Survivorship Universal Life • Variable Universal Life1 • Term Life

And over 25 available riders2 including:

• Accelerated Death Benefit • Additional Life Insurance • Guaranteed Insurability • Life Insurance Supplement • LTCAccessSM • Renewal Term • Transfer of Insured • Waiver of Premium • Yearly Term Purchase

1 Must be a registered representative in order to offer variable products. 2 Riders may be available at an additional cost.

including those with:

• Variable incomes



• Specialized occupations



• High income



• Retirement saving plans



• Business overhead expenses

Long-Term Care insurance Paying for long-term care services can seriously erode a lifetime of saving. Protect clients’ assets and maximize your business with Long-Term Care insurance. MassMutual long-term care insurance:

• Competitively priced premiums backed by the financial strength of MassMutual4



• Sales illustration includes the possibility of dividends.5



• Flexible policy benefits, discounts and riders (includes the Shared Care Rider which provides a 3rd pool of benefits)

3 Dividends are not guaranteed.

Financial rating information current as of September 2013: A.M. Best Company: A++ (Superior; top category of 15), Fitch Ratings: AA+ (Very Strong; second category of 21), Moody’s Investors Service: Aa2 (Excellent; third category of 21), Standard & Poor’s: AA+ (Very Strong, second category of 21). Ratings are subject to change and are for Massachusetts Mutual Life Insurance Company. These ratings refer to only the financial strength of the company and are not recommendations of the specific policy provisions, rates or practices of the company. 5 If annual dividends are credited to a policy, they will be used first to reduce future premiums and then to increase future benefits. Because this policy is intended to be tax-qualified, annual dividends are not paid directly to the policyholder. Dividends are not anticipated to be credited before the later of the policy anniversary date after the insured turns age 65, or the 10th policy anniversary date. Dividends are not guaranteed. 4

2

Underwriting done right

Less time underwriting means more time selling. From best class to high risk, your business matters. That’s why we have an expert team in place waiting to process your case quickly and efficiently. Rely on our underwriting team for: • Best class consideration for your oldest clients • Fast, 48-hour turnaround on clean cases • High retention limit • Large case handling expertise • Simplified group life underwriting • Super Pool reinsurance6 • Underwriting Credits Program7 • Pro-Athlete Life Underwriting Guidelines

With the right process and personnel in place, your business gets underwritten faster.

offers one of ‘‘ MassMutual the most robust portfolios available from any financial services company. Chances are there’s a product to meet your clients’ needs.

’’

6 Up to $30 million of additional coverage to an individual, subject to facultative underwriting. 7 Improves underwriting decisions by up to two tables.

3

Planning for success – advanced sales consultation

Building and diversifying your business is easy when you align yourself with MassMutual. You now have a team of experienced estate and business planning professionals who know the nuances of the products and will work with your clients’ in-house and outside counsel, tax advisers and accountants. In addition, the advanced sales concepts support area can provide you with consultative and illustration assistance, pertaining to the application of innovative product solutions to effectively meet complex client needs, especially in the business markets. Major areas of specialization: • Buy-sell planning • Charitable gifting plans • Deferred compensation • Estate consultation • Executive bonus plans • Irrevocable life insurance trusts • Key employee insurance • Retirement planning

Your Brokerage Professional has access to a dedicated staff of associates with advanced sales knowledge.

4

MassMutual. We’ll help you get there.® Founded in 1851, MassMutual is a mutually owned financial protection, accumulation and income management company headquartered in Springfield, Mass. MassMutual’s major affiliates include: OppenheimerFunds, Inc.; Babson Capital Management LLC; Baring Asset Management Limited; Cornerstone Real Estate Advisers LLC; The First Mercantile Trust Company; MML Investors Services, LLC, member FINRA and SIPC (www.finra.org and www.sipc.org); MassMutual International LLC and The MassMutual Trust Company, fsb.

The information provided is not written or intended as specific tax or legal advice and may not be relied on for purposes of avoiding any federal tax penalties. MassMutual, its 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. Individuals involved in the estate planning process should work with an estate planning team, including their own personal tax or legal counsel.

Position correct size

For investment performance andresults: version of www.massmutual.com (Select “Product Performance” from the drop-down menu under the Products and Solutions tab.) MassMutual logo — OR — in this position. NOT SCALE LOGOS! 1-800-272-2216 (24 hours/7DO days a week) Principal Underwriter MML Distributors, LLC 1295 State Street Springfield, MA 01111-0001 A wholly owned subsidiary of Massachusetts Mutual Life Insurance Company 1295 State Street Springfield, MA 01111-0001 Securities offered through registered representatives of MML Investors Services, LLC, Member SIPC, 1295 State Street, Springfield, MA 01111, or a broker-dealer that has a selling agreement with MML Distributors, LLC, Member SIPC.

© 2013 Massachusetts Mutual Life Insurance Company, Springfield, MA 01111-0001. All rights reserved. www.massmutual.com. MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliated companies and sales representatives. BR1101 1013

CRN201509-176322

A Product Guide for Individuals

Product Snapshot MassMutual Odyssey SelectSM deferred fixed annuity Issue Age (Owner/Annuitant) • Minimum:

Annuitant: none Owner: 18 or age of majority

• Maximum:

85

Age = age on last birthday

Annuity Payments Flexible payment choices are available ranging from income for life to payments for a specific period. Income payments may begin five years after contract issue (13 months in Florida and New York). The maximum age that income may begin is the later of the 90th birthday of the oldest owner, joint

A MassMutual Odyssey SelectSM deferred, fixed annuity is designed to help you accumulate assets for retirement and turn those assets into future guaranteed income for life. Its combination of steady growth and income, all backed by the financial strength of Massachusetts Mutual Life Insurance Company (MassMutual), can help provide peace of mind for conservative investors.

owner, annuitant or joint annuitant or, 10 years after contract issue.

Purchase Payment Minimums • Initial Purchase Payment: $4,000 for qualified money and $10,000 for non-qualified money. • Subsequent Purchase Payments: $1,000; $50 with Automatic Investment Plan.

Surrender Charge Period Schedule* Contract Year

1

2

3

4

5

6

7

8

9

10+

7 years

8%

8%

7%

6%

5%

4%

3%

0%

0%

0%

9 years

8%

8%

7%

6%

5%

4%

3%

2%

1%

0%

* Surrender charges are based on the year your contract is issued, not on each purchase payment. Charges apply to amounts withdrawn that exceed the free withdrawal amount.

MassMutual Odyssey SelectSM Fixed Deferred Annuity Maximum purchase payment

$1.5 million without home office approval in most states

Credited interest rates

Base interest rate. A fixed interest rate guaranteed for two years for each purchase payment made. Each time you make a purchase payment, the base rate that is applicable at the time will apply. This means that base rates for individual purchase payments may differ, but each will be guaranteed for two years. One-year enhanced interest rate. MassMutual Odyssey Select may offer an enhanced interest rate on individual purchase payments received in contract years one through four. If an enhanced rate is offered on a purchase payment, it would be based on rates in effect at the time of purchase payment and would be guaranteed to remain in effect for one year from that date. Enhanced interest rates are offered at MassMutual’s discretion and may be discontinued at any time. If an enhanced rate is discontinued, purchase payments received after that time would receive the base interest rate. Renewal interest rate. After each purchase payment’s two-year interest rate guarantee period ends, interest will be credited to the purchase payment at a renewal rate for a period of time determined by MassMutual. Currently, renewal rates are guaranteed for one year and may be higher or lower than the base rate. Any interest rate applied to purchase payments throughout the life of your contract will never be less than the minimum interest rate specified in your contract. Contract minimums are subject to the laws of the state where the contract was issued.

Partial surrender*

Minimum: $250. Available as long as contract value does not fall below minimum contract requirements.

Free withdrawal provision*

The free withdrawal amount is calculated as follows: • First contract year: Amount available is equal to the greater of the required minimum distribution as calculated for this contract or 10% of the contract value as determined at the time the first withdrawal is taken. • Contract years two and later: Amount available is equal to the greater of the required minimum distribution as calculated for this contract or 10% of the contract value as determined on the last business day of the previous contract year. • Unused free withdrawal amounts cannot be accumulated from year to year.

Systematic withdrawal program*

Available elections include: the maximum surrender charge-free withdrawal, a specific dollar amount, a specific percentage of contract value, the current year’s interest earned.

Nursing home & hospital waiver** Withdraw all or a portion of the contract value without a surrender charge, provided you are confined to a licensed nursing home or accredited hospital for at least 90 continuous days and all contract eligibility requirements are met. Terminal illness waiver

Contract value can be accessed without a surrender charge if you become terminally ill during the accumulation phase of the contract.

Death benefit

The death benefit during the accumulation phase is the contract value determined as of the date we receive due proof of death and an election of payment method. The death benefit payable during the payout phase of the annuity will depend on the income option chosen.

Contract maintenance fee

Current: $0

Maximum: $50 annually

The information provided is not written or intended as specific tax or legal advice and may not be relied on for purposes of avoiding any Federal tax penalties. MassMutual, its 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. * Taxes are paid on the earnings when withdrawn and, if taken prior to age 59½, may be subject to a 10% federal income tax penalty. Surrender charges may also apply to withdrawals other than free withdrawal amounts. ** MassMutual Odyssey Select Nursing Home & Hospital Waiver is not available in California. The product and certain features may not be available in all states. MassMutual Odyssey SelectSM (Contract Form #MUFA10 and ICC09-MUFA) is a flexible premium, deferred fixed annuity contract issued by Massachusetts Mutual Life Insurance Company, Springfield, MA 01111-0001.

© 2012 Massachusetts Mutual Life Insurance Company, Springfield, MA 01111-0001. All rights reserved. www.massmutual.com. MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliated companies and sales representatives. AN6601b  612

CRN201406-161945

A Product Fact Finder Guide for Audience Individuals

Product Snapshot MassMutual Stable VoyageSM fixed deferred annuity Issue Age (Owner/Annuitant) Minimum

Maximum

Owner

18 or age of majority, if older (19 in AL, DE & NV; 21 in MS)

85

Annuitant

None

85

Age = age on last birthday

Purchase Payment(s)

MassMutual Stable VoyageSM is a single premium, fixed deferred annuity designed to help you accumulate assets for retirement and turn those assets into future guaranteed income. Backed by the financial strength of Massachusetts Mutual Life Insurance Company (MassMutual), MassMutual Stable Voyage can help provide extra stability on your way to retirement. Guarantees are based on the claims-paying ability of the issuing company.

• Minimum purchase payment is $10,000 for qualified and non-qualified money. If money is consolidated from multiple sources, all payments must be received within 60 days of the date we consider documentation to be in good order. • After this 60-day period, no further purchase payments are allowed on the contract. • Interest rates may be higher (if available at the time) if the purchase payment at issue or the contract value at renewal is $100,000 or more. Compound interest is credited daily.

Surrender Charge Schedule* Initial surrender and guarantee period Year

1

2

3

4

5

6

7

8

9

10

5-Year

7%

7%

7%

6%

5%

0%

0%

0%

0%

0%

7-Year

7%

7%

7%

6%

5%

4%

3%

0%

0%

0%

9-Year

7%

7%

7%

6%

5%

4%

3%

2%

1%

0%

Renewal surrender and guarantee period Year

1

2

3

4

5

6

7

8

9

10

5-Year

6%

6%

6%

5%

4%

0%

0%

0%

0%

0%

7-Year

6%

6%

6%

5%

4%

3%

2%

0%

0%

0%

9-Year

6%

6%

6%

5%

4%

3%

2%

1%

1%

0%

Annuity Payments Annuity payment choices range from income for life to payments for a specific period. Annuity payouts may begin at any time after the start of the sixth contract year (available beginning in the 13th month in FL and NY). The maximum age that income may begin is the later of the 90th birthday of the oldest owner, joint owner, annuitant or joint annuitant or, 10 years after contract issue. * Charge applies to amount withdrawn in excess of the free withdrawal amount.

MassMutual Stable VoyageSM Fixed Deferred Annuity Maximum purchase payment

$1.5 million without home office approval in all states.

Credited interest rates

Fixed Interest Rate – MassMutual Stable Voyage offers a fixed interest rate that is guaranteed not to change for a specific period of time called the guarantee period. Guarantee Periods – There are two types of guarantee periods: • Initial guarantee period – Begins when you purchase your contract and continues for five, seven or nine years depending on the period you choose. All periods may not always be available. • Renewal guarantee period † – At the end of the initial guarantee period, you can renew your contract for a period of one, five, seven or nine years (if period is available at that time). Keep in mind that if you choose to renew into another guarantee period, you cannot choose a period that is greater than one year if it would extend beyond the oldest contract owner’s maximum maturity date (age 90 or ten years after issue). A new surrender charge schedule begins for each renewal guarantee period that is longer than one year. Window Period – As each guarantee period approaches its end, you will have a 30-day window period. During this time you must decide whether to: • Renew into a new long-term renewal guarantee period.† Surrender charge period restarts. • Renew into a one-year renewal guarantee period (no surrender charge). • Take a partial or full withdrawal (no surrender charge). • Fully or partially annuitize the contract value (no surrender charge). Any interest rate applied to purchase payments throughout the life of your contract will never be less than the minimum interest rate specified in your contract. Contract minimums are subject to the laws of the state where the contract was issued. † Contract owners in Florida who are age 65 or older at contract issue may only choose the one-year

guarantee period as a renewal option.

Partial withdrawal*

Minimum: $250; A minimum contract value of $7,500 is required after partial withdrawals.

MassMutual Stable VoyageSM Fixed Deferred Annuity (continued) Free withdrawal provision*

The free withdrawal amount is calculated as follows: • First contract year: Up to 10% of the contract value as determined at the time we process the first withdrawal request. • Contract years two and later: Up to 10% of the contract value calculated as of the last business day of the previous contract year. • Required minimum distributions (RMD): Qualifying RMD amounts for an IRA or a qualified plan that exceed the free withdrawal amount are not subject to surrender charges. Ask your financial professional if an RMD is applicable for your contract. If it is, the surrender charge-free withdrawal available to you will be the greater of 10% of your contract value or a single year’s RMD as calculated for your contract. • Unused free withdrawal amounts cannot be accumulated from year to year.

Systematic withdrawal program*

Available elections include: the maximum surrender charge-free withdrawal, a specific dollar amount, a specific percentage of contract value, the current year’s interest earned.

Nursing home & hospital waiver**

Withdraw all or a portion of the contract value without a surrender charge, provided you are confined to a licensed nursing home or accredited hospital for at least 90 continuous days and all contract eligibility requirements are met.

Terminal illness waiver

Withdraw all or a portion of the contract value without a surrender charge if you become terminally ill during the accumulation phase of the contract and all contract eligibility requirements are met.

Death benefit

Equal to the contract value as of the date we receive both proof of death and election of payment method.

Contract maintenance fee

Current: $0

Maximum: $50 annually

* Taxes are paid on the earnings when withdrawn and, if taken prior to age 59½, may be subject to a 10% federal income tax penalty. Surrender charges may also apply to withdrawals other than free withdrawal amounts. ** The MassMutual Stable Voyage Nursing Home and Hospital waiver is not currently available in California.

Not FDIC/NCUA Insured

No Bank/Credit Union Guarantee

Not Insured by any Government Agency

Not a Bank/Credit Union Deposit or Other Obligation

The information provided is not written or intended as specific tax or legal advice and may not be relied on for purposes of avoiding any Federal tax penalties. MassMutual, its 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. Product may not be available in all states. State variations may apply. MassMutual Stable VoyageSM (Contract Form #SPFA11.1; SPFA11.1-Rev; and ICC13-SPFA11.1) is a single premium, fixed deferred annuity contract issued by Massachusetts Mutual Life Insurance Company, Springfield, MA 01111-0001.

© 2013 Massachusetts Mutual Life Insurance Company, Springfield, MA 01111-0001. All rights reserved. www.massmutual.com. MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliated companies and sales representatives. AN6701 613

CRN201412-167039

At-A-Glance

The MassMutual Fact Sheet Massachusetts Mutual Life Insurance Company (MassMutual) is a leading mutual life insurance company that is run for the benefit of its members and participating policyowners. 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 policyowners 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 continued its tradition of strength, stability and performance in 2012: • Grew surplus and total adjusted capital to record levels – $12.7 billion and $14.4 billion, respectively; both are key indicators of the company’s financial strength* • Approved payment of an estimated dividend of $1.39 billion to eligible participating policyowners for 2013, the highest amount ever in our history*

Financial Strength Ratings

• Paid $2.8 billion in insurance and annuity benefits – MassMutual and its subsidiaries1 • Supported a national network of more than 5,000 financial professionals at year-end 2012 • Ended 2012 with a new high of $508 billion for assets under management2

MassMutual’s financial strength ratings are among the highest of any company in any industry.

• Measured an increase in premium and other deposits to $36 billion3

A.M. Best Company.................A++ (Superior)

• Continued growth of worldwide insurance in force to more than $521 billion

Fitch Ratings............................AA+ (Very Strong) Moody’s Investors Service.......Aa2 (Excellent) Standard & Poor’s....................AA+ (Very Strong) Ratings apply to Massachusetts Mutual Life Insurance Company and its subsidiaries: C.M. Life Insurance Company and MML Bay State Life Insurance Company. Ratings are as of 6/1/2013 and are subject to change. To view the MassMutual Annual Report, visit MassMutual.com/AnnualReport

• Reported the industry’s third most whole life insurance sales and tenth most total life insurance sales4, and a seventh consecutive year of record weighted whole life sales5, increasing to $303 million* • Surpassed $11 billion in retirement services sales for 2012, a 79 percent increase from 2011 and the fourth consecutive record year • Provided more than $7 million in charitable contributions in 2012, focusing on community vitality, education and economic development • Issued over $640 million of life insurance coverage and more than 12,800 policies, 2002 – December 2012, through MassMutual’s LifeBridgeSM Free Life Insurance Program6, which makes life insurance free to eligible parents or guardians because MassMutual pays the premium • Ranked 94 in FORTUNE ® Magazine’s Fortune 500® (May 20, 2013) and the most admired mutual company in the life and health insurance industry category on its annual “World’s Most Admired Companies®” list (March 18, 2013); named one of 25 Noteworthy Companies by DiversityInc in 2013, on the National Association for Female Executives’ 2012 list of Top 50 Companies for Executive Women, and one of the 2012 Working Mother 100 Best Companies; recognized in 2012 by ContactCenterWorld as one of the Americas’ top ranking performers in its customer service category; and awarded “Retirement Leader of the Year” for excellence in retirement plan services by Fund Industry Intelligence, April 5, 2012 Needs-based Strategies

Our Businesses Our Customers

What We Do

U.S. Insurance Group

• Individuals

Through a nationwide network of trusted financial professionals, we offer a broad range of solutions that help people secure their future and protect the ones they love. Our offerings include permanent and term life insurance, disability income insurance, long-term care insurance, annuities, and broker-dealer and trust services.7

Retirement Services

• Businesses

• Business owners

• Unions • Nonprofit and governmental organizations • Professional employer organizations

Asset Management

• Corporations and institutions • Retirement and pension plans • Endowments and foundations • Insurance companies • Individuals • Capital market participants

International Insurance

• Individuals • Key business executives • Corporations, businesses, institutions • Advisers/intermediaries

Partnering with retirement plan advisors and sponsors, we help workers feel more confident in their future. Our consultative approach focuses on plan health and participant readiness. We offer a full range of retirement plan products and services for defined benefit, defined contribution and nonqualified deferred compensation plans. Our investment management subsidiaries include OppenheimerFunds, Inc., Babson Capital Management LLC and its subsidiary, Cornerstone Real Estate Advisers LLC, and Baring Asset Management Limited. Each offers a suite of products to help meet the needs of a wide range of customers. Their offerings include mutual funds, separately managed accounts, investment management for institutions and sub-advisory services, and equity, fixed income, alternative, and absolute return strategies.

Operating businesses in Hong Kong, Japan and Luxemburg and participating in joint ventures in the People’s Republic of China and Chile, our international insurance businesses bring added geographic and market diversification. Collectively, these businesses offer insurance, savings and retirement products to meet the needs of local consumers.

To locate a financial professional near you, visit MassMutual.com/LocateAnOffice * These consolidated results of Massachusetts Mutual Life Insurance Company also include its U.S.-domiciled, wholly owned subsidiaries: MML Bay State Life Insurance Company and C.M. Life Insurance Company. 1 Massachusetts Mutual Life Insurance Company and its subsidiaries, C.M. Life Insurance Company and MML Bay State Life Insurance Company. 2 Assets Under Management include assets and certain external investment funds managed by MassMutual subsidiaries, including OppenheimerFunds, Inc., Baring Asset Management Limited, Babson Capital Management LLC and its subsidiary, Cornerstone Real Estate Advisers LLC. 3 Premium and other deposits include the premiums of our worldwide insurance operations and deposits made into certain external investment funds managed by our subsidiaries. 4 LIMRA 2012 U.S. Individual Life Insurance Sales Report. 5 Weighted sales are based on weighted annualized new premium, with single premium payments weighted at 10 percent. 6 For complete details go to www.massmutual.com/lifebridge or call 413-744-3653. 7 Trust services provided by The MassMutual Trust Company, fsb, a wholly-owned stock subsidiary of MassMutual. Securities, financial planning and investment advisory services offered through qualified registered representatives of MML Investors Services, LLC, Member SIPC, Springfield, MA 01111-0001. Investment management services offered by Babson Capital Management LLC, Boston/Springfield, MA, Baring Asset Management Limited, London, U.K., Cornerstone Real Estate Advisers LLC, Hartford, CT, and OppenheimerFunds, Inc., New York, NY. Domestic insurance products issued by MassMutual, Springfield, MA 01111-0001 and its subsidiaries: C. M. Life Insurance Company and MML Bay State Life Insurance Company, Enfield, CT 06082.

© 2013 Massachusetts Mutual Life Insurance Company, Springfield, MA 01111-0001. All rights reserved. www.massmutual.com. MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliated companies and sales representatives. COR3689 613

CRN201405-172405

A Product Portfolio Guide for Financial Professionals

Disability Income Insurance Product Portfolio (for all states except California)

Help protect your clients’ greatest asset… their ability to generate an income

Insurance Strategies For PRODUCER Use only. Not for use with the public.

Riders1 • Automatic Benefit Increase (ABI) Allows the automatic annual purchase of benefits without evidence of medical or financial insurability (insured cannot be disabled). Increase amount is 3%. Not available in FL and PR. • Additional Monthly Benefit Rider (AMBR) Provides an additional benefit with a waiting period identical to the base, but with a shorter benefit period. • Catastrophic Disability Benefit Rider (CAT) Provides benefits to cover up to 100% (at time of issue) of pre-disability earned income when combined with a base policy. Benefits will be paid if the insured incurs a presumptive disability, or if he/she qualifies under the base definition of disability and either cannot perform 2 of 6 Activities of Daily Living, or develops a severe cognitive condition. • Cost of Living Adjustment Rider (COLA) Helps benefits keep pace with inflation in the event of a disability lasting longer than 12 months. Increases are compounded at 3% with no cap. • Extended Partial Disability Benefits Rider (EPR) The Extended Partial Disability Benefits Rider (EPR) provides a benefit for those who, as a result of a sickness or injury, continue to work but: 1) are unable to fully perform their usual work schedules, 2) are unable to perform some of the main duties of their occupation, or 3) suffer a minimum 15% loss of income. For states that have not approved the enhanced version of this rider, EPR 07 is available. • EPR 07 – Extended Partial Disability Benefits Rider (2007) Provides a disability benefit for those who, as a result of a sickness or injury, continue to work and suffer at least a 20% loss of income. • Future Insurability Option Rider (FIO) Allows (before disability) the insured to increase the amount of monthly disability coverage as his/ her income increases, expenses increase (BOE) or as owner’s business value increases (Buy-Sell).

• Group Supplement Disability Benefits Rider (GSR) Provides additional return-to-work benefits which enhance the benefits an insured receives from his/her group LTD plan during a partial disability. • HIV Rider Provides monthly benefits should the insured test positive for HIV. Benefits will be paid whether the insured is working or not, whether he/she is symptomatic or not, and regardless of how the virus was contracted. Available to health care professionals only. • Income Protection Rider (IPR) Provides income protection for the business owner in the event of total disability. • Own Occupation Rider Provides a disability benefit when the insured is totally disabled and is working in another occupation. • Partial Disability Benefits Rider (Partial) Provides a disability benefit if the insured, while still disabled, is able to return to work at his/her regular occupation but in a reduced capacity. Benefit is limited to six months. • Professional Replacement Expense Rider (PRER) Pays the salary of the person employed to perform the insured’s duties during total disability. • RetireGuard Rider (RGR) Helps to protect both employee contributions and employer match contributions that would have been made to a retirement savings plan in the event of total disability (subject to current IRS limits). • Short Term Disability Benefits Rider (STR) Provides disability benefits for a short period of time during the waiting period of employer-pay salary continuation plans, or LTD plans with 180-day or longer waiting periods. • Social Insurance Rider (SIR) Provides a monthly income benefit during disability without duplicating benefits provided by Social Security, state cash sickness or worker’s compensation.

Available at an additional cost. Not all Riders available on all products. Riders subject to state availability. Refer to the DI Reference Manual (DI1075) on FieldNet for additional information.

1

Product comparison Radius®

MaxElect®

Target Market

Disability income insurance for professionals, business owners (large or small) or corporate executives purchasing coverage on an individual, employer-endorsed or employer-pay basis. Target incomes are $70,000 and greater. (Not for guaranteed standard issue business where MaxElect is approved.) Radius 06 available in California; see DI1900CA or product details.

The target market income range for MaxElect is $70,000 and greater. Recommended target market is the business services industry with 75-500 employees and existing LTD programs in place. This product is for multi-life business with guaranteed standard issue offers only. MaxElect not available in CA. Must use Radius 06 in CA; see DI1900CA for more information.

Policy Design

Non-cancelable, guaranteed continuable to age 65, conditionally renewable to age 75. Participating contract. Dividends are not guaranteed.

Non-cancelable, guaranteed continuable to age 65, conditionally renewable to age 75. Participating contract. Dividends are not guaranteed.

Occupational Classes

5A, 5P, 4A, 4P, 3A, 3P, 2A, and A1

5A, 5P, 4A, 4P, 3A, 3P, 2A, and A1

Waiting Periods

60, 90, 180, 365 and 730* days *Not available in AR, CT, ID, IA, KS, NJ, OK, PA, SC, VT, VA, WA and WV

60, 90, 180, 365*, and 730** days   *Not allowed in IA, NJ, VA, VT with a 2-year benefit period **Not available in AR, CT, IA, ID, KS, NJ, OK, PA, SC, VT, VA, WA and WV

Benefit Periods

2 years*, 5 years, 10 years, To age 65, To age 67 *2 year benefit period not available with 365 day waiting period in NJ and VA

2 years, 5 years, 10 years, To age 65, To age 67

Issue Ages

18-64 (NJ will be issued through age 60-over age 60 would need to purchase currently approved over age product)

18-64 (NJ will be issued through age 60-over age 60 would need to purchase currently-approved over age product)

Total Disability2

Due to sickness or injury, the insured cannot perform main duties of his/her occupation and is not working in any other occupation. Must be under a doctor’s care.

Due to sickness or injury, cannot perform the main duties of his/her occupation and is not working at another occupation. Must also be under a doctor’s care.

Partial & Recovery Benefits

Available through our Extended Partial Disability Benefits Rider, provides partial disability benefits if the insured, while still disabled, works at his/her regular occupation or a new occupation but in a reduced capacity. Recovery benefit may be payable to age 65.

Available through our Extended Partial Disability Benefits Rider, provides partial disability benefits if the insured, while still disabled, works at his/ her regular occupation or a new occupation but in a reduced capacity. Recovery benefit may be payable to age 65.

Discounts3

5% 1st year Life/DI cross-sell (discounts not available in NJ) 10% Spousal discount (not available in MD) 10% Association discount, 3+ lives 15% Multi-life discount; 3-20 lives (except FL and NY) 25% Multi-life discount, 3-30 lives in FL and NY

Discounts are 15%, 25%, and 35%. Employer paid cases will be eligible for an additional 5% discount. (FL and NY: 15% discount not available)

Premiums

Sex-distinct (individual & association sales) and unisex (Multi-life 3+ lives). Level and Graded1 (maximum issue age 35). Tobacco use surcharge 35%. Note: Unisex rates used in Montana.

Multi-life level premium. Unisex rates. Nicotine surcharge of 35%.

Riders1, 4

 utomatic Benefit Increase Rider (ABI) A Catastrophic Disability Benefit Rider (CAT)5 Cost of Living Rider (COLA) Extended Partial Disability Benefits Rider (EPR)1 Future Insurability Option Rider (FIO) Group Supplement Rider (GSR) HIV Rider (HIV) Managerial Duties Endorsement Own Occupation Rider Partial Disability Benefits Rider (Partial) RetireGuard Rider (RGR)6 Short Term Disability Benefits Riders (STR) Social Insurance Rider (SIR)

Automatic Benefit Increase Rider (ABI) Catastrophic Disability Benefit Rider (CAT)5 Cost of Living Rider (COLA) Extended Partial Disability Benefits Rider (EPR)1 Future Insurability Option Rider (FIO) Group Supplement Disability Benefits Rider (GSR) Own Occupation Rider Partial Disability Benefits Rider (Partial) RetireGuard Rider (RGR)6 Short Term Disability Benefits Riders (STR) Social Insurance Rider (SIR)

Key Features

• Group Supplement Rider (GSR) – a partial disability return-to-work benefit that supplements Group LTD. • Can be used to fund a Qualified Sick Pay Plan. • Long term care insurance premium credit built into every policy.7 • Retirement protection through RetireGuard Rider.6 • Radius® Executive Select Program.8 • Guaranteed Insurability Option (GIO) – purchase life insurance without evidence of insurability on election option dates.1

• Variety of pre-existing condition limitation levels available.   – Ability to better align with clients’ LTD plans.   – Conducive to renewal strategies.   – Reduces premium cost. • Long term care insurance premium credit built into every policy.7 • Retirement protection through RetireGuard Rider.6

Subject to state availability. Please refer to the Disability Product Approval Grid (DI1737) on FieldNet for state-specific availability. 2 State variations may apply; see DI Reference Manual (DI1075) for more information. 3 Discounts (except for spousal discount) are subject to home office approval. 4 Riders available at an additional cost. 5 CAT Rider not available in CT.

1

RetireGuard Rider not available in NJ. RetireGuard is not a retirement or pension plan or a substitute for such a program. Benefits are paid directly to a trust, not into an employer sponsored retirement plan. Trust services are provided by The MassMutual Trust Company, fsb. 7 Not available in CT, FL, ND or TX. While the policy is in-force, 2% of total (cumulative) premium paid on a MassMutual disability income policy can be used as a credit towards first-year MassMutual LTCi premium. 8 Not available in FL or PR. 6

Product comparison RetireGuard® (standalone)

Business Overhead Expense (BOE-01 Series)

Target Market

Disability income insurance for professionals, business owners, (large or small), or corporate executives purchasing coverage on an individual, employer-endorsed, or employer-pay basis to protect both employee and employer contributions that would have been made to defined contribution retirement plans.1 Not available in NJ. RetireGuard 06 available in CA. See DI1900CA for product details.

Disability income insurance for professional and nonprofessional small business owners to reimburse the business owner for overhead expenses in the event that he/she is disabled and cannot pay the covered overhead expenses of his/her business because of a decrease in income due to disability. Not available in CA, NY, or FL. See DI1900CA for more information on CA availability.

Policy Design

Non-cancelable, guaranteed continuable to age 65. Participating contract. Dividends are not guaranteed.

Non-cancelable. Guaranteed level rates to age 65. Conditionally renewable from 65-75. Participating contract. Dividends are not guaranteed.

Occupational Classes

5A, 5P, 4A, 4P, 3A, 3P, 2A and A 2

5A, 5P, 4A, 4P, 3A, 2A, and A 2

Waiting Periods

180 and 365 days

30, 60 and 90 days

Benefit Periods

10 years, To age 65, To age 67

12, 18 and 24 months

Issue Ages

18-60 18-64 Multi-life (GSI only)

18-60

Total Disability3

Refer to the Radius or MaxElect definition of disability.

Due to sickness or injury, cannot perform the main duties of his/her occupation. Must be under a doctor’s care.

Partial & Recovery Benefits

N/A

Available by rider. Provides a disability benefit if the insured, while still disabled, is able to return to work at his/her regular occupation but in a reduced capacity.

Discounts4

Multi-life discounts available up to 35%, based on case size 5% 1st year cross-sell discount 5% Association discount

5% 1st year cross-sell (Not available in NJ.) 15% Multi-life discount (3+ lives) 10% Association discount

Premiums

Level and Graded2 (maximum issue age 35), sex-distinct (individual and association), unisex (Multi-life). Tobacco use surcharge 35%.

Sex-distinct, (individual, association and multi-life) level premiums only. Tobacco use surcharge 25%. Note: Female rates used for both sexes in MT, PR subject to 35% surcharge.

Riders5

Cost of Living Rider (COLA) Future Insurability Option Rider (FIO)

Automatic Benefit Increase (ABI) Additional Monthly Benefit Rider (AMBR) Future Insurability Option Rider (FIO) Income Protection Rider (IPR) Managerial Duties Endorsement Partial Disability Rider (PDR) Professional Replacement Expense Rider (PRER)

Key Features

• Utilizes the Radius total-only policies or MaxElect. • Protects both employee contributions AND employer match contributions to a retirement savings plan in the event of total disability (subject to current IRS limits). • RetireGuard is also available as a rider on our Radius and MaxElect policy series.6

• Individual Protection Rider (IPR) protects 60% of business owner’s individual income to a max of $5,000/month in the event of total disability. Not available when LTD or other IDI coverage is in-force. • Partial and Professional Replacement Expense Riders offer coverage for full benefit period of the base policy. • Death benefit of two times the monthly benefit regardless if the insured is disabled at the time of death. If death occurs before age 65 and the insured still holds a business interest, the benefit is paid to the business. • No financial requirements under $10,000 of monthly benefits (for total in-force and applied for).

Eligible Retirement Plans7 • Defined Contribution Pension Plans – 401(k) plans – Profit-sharing plans – Keogh plans – Stock bonus plans • Employee Stock-Ownership Plans (ESOPs) • Individual Retirements Accounts (IRAs) • Simplified Employee Pensions (SEPs) • Tax-Sheltered Annuity Arrangements/403(b) Plans (non-STRS plans) • Certain Non-Qualified Deferred Compensation Arrangements (evaluated and issued on a case-by-case basis) RetireGuard is not a retirement or pension plan or a substitute for such a program. Benefits are paid directly to a trust, not into an employer sponsored retirement plan. Trust services are provided by The MassMutual Trust Company, fsb. 2 Subject to state availability. Please refer to the Disability Product Approval Grid (DI1737) on FieldNet for state-specific availability. 3 State variations may apply; see DI Reference Manual (DI1075) for more information. 1

6 7 4 5

Discounts (except for spousal discount) are subject to home office approval. Riders available at an additional cost. RetireGuard Rider not available in NJ. Partial list.

Product comparison Buy-Sell Target Market

Disability income insurance for professional and nonprofessional small business owners to provide funds for purchase of the insured’s share of ownership in the event that he/she becomes totally disabled. Not available in CA.

Policy Design

Conditionally renewable with guaranteed level rates to age 65. Participating contract. Dividends are not guaranteed.

Occupational Classes

5A, 5P, 4A, 4P, 3A, 3P, and 2A1

Waiting Periods

12, 18 and 24 months

Benefit Periods

2, 3, 5 years (Monthly) Lump Sum Combination of Lump Sum and Monthly

Issue Ages

18-60

Total Disability

Due to injury or sickness, cannot perform the substantial duties of his/her occupation and does not perform any work for the business entity. Must be under a doctor’s care.

Partial & Recovery Benefits

N/A

2

Discounts3

5% 1st year cross-sell (Not available in NJ) 15%* Multi-life discount for 2+ lives** *25% in FL **Not available in NY

Premiums

Sex-distinct. Level premiums only. Tobacco use surcharge 25%. Note: Female rates used for both sexes in MT

Riders4

Future Insurability Option Rider (FIO)

Key Features

• Coordinates with existing Buy-Sell coverage (excluding NH, NY and KS). • Very competitive lump-sum and 2-year benefit rates. Maximum payout $3.0 million.

Subject to state availability. Please refer to the Disability Product Approval Grid (DI1737) on FieldNet for state-specific availability. 2 State variations may apply; see DI Reference Manual (DI1075) for more information. 1

Discounts are subject to home office approval. Riders available at an additional cost.

3 4

Endorsements • Managerial Duties Endorsement Modifies the definition of total disability or total/partial disability. Offers occupation classifications to business owners that are more liberal than would be offered if covering the business owner’s manual duties.

Contact us today. Making success easy for you – and your satisfaction with MassMutual – is of the utmost importance to us. To help your clients assess their needs and to learn more, please visit www.halfapaycheck.com.

• Guaranteed Insurability Option (GIO)1 Endorsement Guarantees policy owners the right to purchase $25,000 of permanent life insurance without evidence of insurability on election option dates, provided the insured is not disabled.

Programs • Spousal Discount Program If Radius, MaxElect, BOE, or Buy-Sell is purchased on the initial policy, the client’s spouse is eligible for a 10% discount on a Radius Individual Policy. Not available in MD. • Radius® Executive Select Program We may issue up to $35,000 of Radius coverage to 5A and 4A executives who earn more than $800,000 annually – an extra premium applies. Please contact (800) 767-1000 ext. 22222 for more information.

1

Subject to state availability. Please refer to the Disability Product Approval Grid (DI1737) on FieldNet for state-specific availability.

Policies issued by Massachusetts Mutual Life Insurance Company, Springfield, MA 01111.

© 2013 Massachusetts Mutual Life Insurance Company, Springfield, MA 01111-0001. All rights reserved. www.massmutual.com. MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliated companies and sales representatives. DI1900 313

CRN201409-163412

A Product Reference Guide for MassMutual Brokerage Financial Professionals

Classic products, innovative results MassMutual life insurance products at-a-glance for brokers

Insurance Strategies For PRODUCER Use only. Not for use with the public.

Contents 3 | Quality service for you and your clients

8 | Universal Life Insurance Products

4 | MassMutual underwriting – our experience working for you

9 | Variable Universal Life Insurance Product

5 | Quality products for your clients’ varied and changing needs

10 | Convertible Term Life Insurance Products

6 | Whole Life Insurance Products

NOT A BANK OR CREDIT UNION DEPOSIT OR OBLIGATION  •  NOT FDIC OR NCUA INSURED  •  NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY  •  NOT GUARANTEED BY ANY BANK OR CREDIT UNION • MAY GO DOWN IN VALUE (Variable Life Products only)

Quality service for you and your clients The value that MassMutual Brokerage provides to you and your clients is a balanced blend of strength, products and service. We’re dedicated to supporting you and helping you to grow your business. Local support: It’s what sets us apart from many other financial services companies. As a financial professional with MassMutual Brokerage, you will work directly with a Brokerage Team that will provide the training, marketing, and technical support necessary to successfully build your business and best serve your clients. Your Brokerage Director will be your one-stop shop for: • Marketing support • Product expertise and positioning • Illustration support • Case design and consultation • Developmental training and seminars • Estate and business planning resources.

For more information, contact your local MassMutual Brokerage Director. 3

MassMutual underwriting – our experience working for you At MassMutual, you’ll find a dynamic, highly skilled, experienced underwriting team that offers you: •  On-site physicians, including a board-certified cardiologist, to review medical information on applications • Aggressive preferred criteria that includes clients

The SuperPool agreement allows MassMutual to offer more life insurance to prospective healthy insureds – over and above jumbo limits – of up to $30 million of additional coverage to an individual, subject to facultative underwriting.

Vantage Term® Vantage Term® Life Insurance also offers new advantages resulting from the Straight-Through-Processing (STP)

with certain well-controlled conditions such as

initiative. This initiative is part of the refinement and

high blood pressure or cholesterol

enhancement of the underwriting process to expedite

• Full underwriting for older ages – can even qualify for best class • Occasional cigar smokers (up to 24 per year) are

underwriting decisions, to improve MassMutual’s mortality experience, and to make it easier for you, our financial professionals, to do business.

eligible for best class in a permanent product

If your client is applying for both Vantage Term and

MassMutual’s Underwriting Credits Program uses credits

a permanent product, be sure to follow underwriting

to offset the risk of unfavorable medical conditions. Credits

requirements for the combined face amount of

are available to clients with elements of good health, such

coverage requested.

as favorable cholesterol, blood pressure, family history and abstinence from nicotine use. Life underwriting credits can make a significant difference in a client’s underwriting class and premium. The use of credits can lower a table rating by up to two tables, and can reduce ratings up to Table P. Credits provide you with a competitive advantage over other companies’ table-shave programs because credits are available for all products, all face amounts and all ages. MassMutual has negotiated access to an exclusive SuperPoolTM reinsurance agreement that allows us to offer more coverage to your best clients. Under this SuperPool arrangement, your high net worth clients, highly insured individuals and clients in good health are not subject to previous reinsurance aggregate face amount maximums.

4

Ask for the U98 Life Underwriting Requirements Guide for full details.

Quality products for your clients’ varied and changing needs Whether the need is for protection for a family or business, MassMutual has a life insurance solution you can be proud and confident to present to your clients. Personal needs: • Family income replacement • Retirement planning • Education funding • Estate planning

whole life insurance. Riders, which are available at an additional cost, allow your clients to: • Have their premiums paid if they become totally disabled and can’t work; • Increase their coverage regardless of health status; • Boost their death benefit with lower-cost term insurance on the same policy, which can be converted to permanent coverage; • Make unscheduled premium payments that increase the policy’s death benefit and accelerate cash value growth.

Business needs: • Buy-sell plan funding

Issuing Company information

• Key person • Executive bonus • Deferred compensation • Split dollar If you’re looking for life insurance for your client’s qualified pension plan, nearly all MassMutual individual life insurance products can be used in qualified plans. You can choose from products offering guarantees, fixed or flexible premiums and a broad range of funding options. Whole life insurance is the cornerstone of MassMutual’s portfolio. That’s because whole life insurance delivers a financial resource your clients can count on throughout

This guide provides information on the following life insurance products issued by Massachusetts Mutual Life Insurance Company: Vantage Term - ART, Vantage Term - 10 and Vantage Term - 20 (Policy form TL-2009 and ICC09TL in certain states, including North Carolina), Whole Life Legacy Series (WL-2011, ICC11WL, and ICC11WL in North Carolina), Survivorship Whole Life (policy form SWL-2007, ICC07SWL and ICC07SWLX in certain states, including North Carolina), Universal Life Navigator (policy form P6-2008, ICC08P6 and ICC08P6X in certain states, including North Carolina), Universal Life Guard (policy form P8-2005 and P8-2005(NC) in North Carolina), Survivorship Universal Life Guard (policy form P9-2005 and P9-2005(NC) in North Carolina) and Variable Universal Life III (policy form P2-2008, ICC08-P2 and ICC08-P2X in certain states, including North Carolina).

their whole lives. The versatility of MassMutual’s Whole Life Legacy portfolio provides a wide range of options to customize your clients’

Guarantees are based on the claims-paying ability of the issuing company. Variable life insurance is sold by prospectus. Before purchasing a variable life insurance policy, investors should carefully consider the investment objectives, risks, charges and expenses of the variable life insurance policy and its underlying investment choices. For this and other information, obtain the prospectuses for the variable life insurance policy and its underlying investment choices. Please read the prospectus carefully before investing or sending money or recommending to a client. You must be a registered representative of MML Investors Services, or a broker-dealer having a selling agreement with MML Distributors, LLC to discuss or offer variable products to the public.

5

Whole Life Insurance Products Whole Life Legacy 100SM

Whole Life Legacy 65SM

Whole Life Legacy 20 PaySM

Product Summary

Level premium, participating life insurance policy that provides a level, guaranteed face amount for the lifetime of the insured. Premiums are payable to age 100. The policy provides guaranteed cash value accumulation and is eligible to receive dividend payments.1 Offers the ability to increase the face amount. Each increase will require evidence of insurability and will have its own risk classification.

Level premium, participating life insurance that provides a level, guaranteed face amount for the lifetime of the insured. Premiums are payable to age 65. The policy provides guaranteed cash value accumulation and is eligible to receive dividend payments.1 Offers the ability to increase the face amount. Each increase will require evidence of insurability and will have its own risk classification.

Level premium, participating life insurance policy that provides a level, guaranteed face amount for the lifetime of the insured. Guaranteed to be fully paid after 20 premium paying years. The policy provides guaranteed cash value accumulation and is eligible to receive dividend payments.1

Markets Minimum Face Amount

Non-qualified and Qualified

Non-qualified and Qualified

Non-qualified and Qualified

Non-qualified - $25,000 Qualified - $10,000 Minimum increase - $25,000

$25,000 for both Non-qualified and Qualified Minimum increase - $25,000

$25,000 for both Non-qualified and Qualified No increases allowed.

Issue Ages

Non-qualified – Ages 0 to 90 Qualified – Ages 17 to 90

Non-qualified – Ages 0 to 60 Qualified – Ages 17 to 60

Non-qualified – Ages 0 to 75 Qualified – Ages 17 to 75

Premiums

The annual premium equals the basic annual premium plus the policy fee ($50), any classified (substandard) premium and any rider premiums. Face amount increases will not be subject to an additional policy fee.

The annual premium equals the basic annual premium plus the policy fee ($50), any classified (substandard) premium and any rider premiums. Face amount increases will not be subject to an additional policy fee.

The annual premium equals the basic annual premium plus any substandard premium and any rider premiums. Basic annual premiums vary based on issue age, gender, underwriting class and base policy face amount.

Policy Size Bands

Band 1 = $1,000 - $24,999 (Used only for below minimum issue sizes due to GIR option exercises and full-term conversions.) Band 2 = $25,000 - $99,999 Band 3 = $100,000 - $249,999 Band 4 = $250,000 - $999,999 Band 5 = $1,000,000 and greater

Band 1 = $25,000 - $99,999 Band 2 = $100,000 - $249,999 Band 3 = $250,000 - $999,999 Band 4 = $1,000,000 and greater

Band 1 = $25,000 - $99,999 Band 2 = $100,000 - $249,999 Band 3 = $250,000 - $999,999 Band 4 = $1,000,000 and greater

Both gross premium and dividends1 will vary based on the above face amount bands. Bands will automatically reset based upon the new face amount if there are any increases or decreases to the base policy face amount after issue.

Dividends1 will vary based on the above face amount bands. Bands will automatically reset based upon the new face amount if there are any decreases to the base policy face amount after issue.

• Ultra Preferred Non-Tobacco • Select Preferred Non-Tobacco • Non-Tobacco • Select Preferred Tobacco • Tobacco • Table Ratings: A, B, C, D, E, F, H, J, L and P • Flat Extras

• Ultra Preferred Non-Tobacco • Select Preferred Non-Tobacco • Non-Tobacco • Select Preferred Tobacco • Tobacco • Table Ratings: A, B, C, D, E, F, H, J, L and P • Flat Extras

Both gross premium and dividends1 will vary based on the above face amount bands. Bands will automatically reset based upon the new face amount if there are any increases or decreases to the base policy face amount after issue.

Underwriting/ Substandard Classifications

• Ultra Preferred Non-Tobacco • Select Preferred Non-Tobacco • Non-Tobacco • Select Preferred Tobacco • Tobacco • Table Ratings: A, B, C, D, E, F, H, J, L and P • Flat Extras

For policies with face amounts below $50,000 and for For policies with face amounts below $50,000 and for face amount increases below $50,000, face amount increases below $50,000, only the Non-Tobacco and Tobacco risk classes are available. only the Non-Tobacco and Tobacco risk classes are available.

Riders

• Waiver of Premium • LTCAccessSM 2,+ • Additional Life Insurance* • Life Insurance Supplement* • Guaranteed Insurability • Renewable Term* • Accelerated Death Benefit • Transfer of Insureds • Yearly Term Purchase *Not available for Qualified cases

• Waiver of Premium • LTCAccessSM 2,+ • Additional Life Insurance* • Life Insurance Supplement* • Guaranteed Insurability • Renewable Term* • Accelerated Death Benefit • Transfer of Insureds • Yearly Term Purchase *Not available for Qualified cases

Riders are subject to state availability and may have an additional cost. 1 Dividends are not guaranteed. 2 Subject to state availability. + Check LTCAccess Rider State Availability Chart (LI6052) for details. 6

For policies with face amounts below $50,000 only the Non-Tobacco and Tobacco underwriting classes are available. • Waiver of Premium Rider • LTCAccessSM 2,+ • Additional Life Insurance Rider* • Life Insurance Supplement* • Guaranteed Insurability Rider • Renewable Term Rider* • Accelerated Death Benefit • Transfer of Insureds • Yearly Term Purchase *Not available for Qualified cases

Whole Life Legacy 10 PaySM

Whole Life Legacy High Early Cash ValueSM

Survivorship Whole Life

Level premium, participating life insurance policy that provides a level, guaranteed face amount for the lifetime of the insured. Guaranteed to be fully paid after 10 premium paying years. The policy provides guaranteed cash value accumulation and is eligible to receive dividend payments.1

Level premium, participating life insurance that provides a level, guaranteed face amount for the lifetime of the insured and is designed to provide high early cash values. Premiums are payable to age 85. The policy provides guaranteed cash value accumulation and is eligible to receive dividend payments.1 Offers the ability to increase the face amount. Each increase will require evidence of insurability and will have its own risk classification.

Second-to-die, level-premium, participating, permanent insurance providing a level, guaranteed death benefit. Premiums are payable until the second death or to age 100 of the younger insured, if earlier. The policy provides guaranteed cash value accumulation and is eligible to receive dividend payments.1 Upon first death, dividends and cash value may increase.

Non-qualified and Qualified

Non-qualified and Qualified

Non-qualified

$25,000 for both Non-qualified and Qualified No increases allowed.

$100,000 for both Non-qualified and Qualified Minimum increase – $25,000

$100,000 No increases allowed.

Non-qualified – Ages 0 to 75 Qualified – Ages 17 to 75

Non-qualified – Ages 0 to 75 Qualified – Ages 17 to 75

18 to 90 (both insureds must be in this range) No more than a 30-year age difference between insureds.

The annual premium equals the basic annual premium plus any classified (substandard) premium and any rider premiums.

The annual premium equals the basic annual premium plus the policy fee ($50), any classified (substandard) premium and any rider premiums. Face amount increases will not be subject to an additional policy fee.

The annual premium equals the basic annual premium plus the policy fee ($50), any classified (substandard) premium and any rider premiums.

Band 1 = $25,000 - $99,999 Band 2 = $100,000 - $249,999 Band 3 = $250,000 - $999,999 Band 4 = $1,000,000 and greater

Band 1 = $100,000 - $249,999 Band 2 = $250,000 - $999,999 Band 3 = $1,000,000 and greater

N/A

Dividends1 will vary based on the above face amount bands. Bands will automatically reset based upon the new face amount if there are any decreases to the base policy face amount after issue.

Dividends1 will vary based on the above face amount bands. Bands will automatically reset based upon the new face amount if there are any increases or decreases to the base policy face amount after issue.

• Ultra Preferred Non-Tobacco • Select Preferred Non-Tobacco • Non-Tobacco • Select Preferred Tobacco • Tobacco • Table Ratings: A, B, C, D, E, F, H, J, L and P • Flat Extras

• Ultra Preferred Non-Tobacco • Select Preferred Non-Tobacco • Non-Tobacco • Select Preferred Tobacco • Tobacco • Table Ratings: A, B, C, D, E, F, H, J, L and P • Flat Extras

For policies with face amounts below $50,000 only the Non-Tobacco and Tobacco risk classes are available.

For face amount increases below $50,000 only the Non-Tobacco and Tobacco risk classes are available.

• Waiver of Premium • LTCAccessSM 2,+ • Additional Life Insurance* • Life Insurance Supplement* • Guaranteed Insurability • Renewable Term* • Accelerated Death Benefit • Transfer of Insureds • Yearly Term Purchase *Not available for Qualified cases

• Waiver of Premium • LTCAccessSM 2,+ • Additional Life Insurance* • Life Insurance Supplement* • Guaranteed Insurability • Renewable Term* • Accelerated Death Benefit • Transfer of Insureds • Yearly Term Purchase *Not available for Qualified cases

• Ultra Preferred Non-Tobacco • Select Preferred Non-Tobacco • Non-Tobacco • Select Preferred Tobacco • Tobacco • Table Ratings: A, B, C, D, E, F, H, J, L and P • Flat Extras • Additional mortality 1000% and 2000% on one insured only

• Accelerated Death Benefit • Estate Protection • Policy Split Option • Supplemental Insurance Purchase • Additional Life Insurance Purchase • Waiver of Premium

7

Universal Life Insurance Products Universal Life Guard

Universal Life Navigator

Survivorship UL Guard

Product Summary­

Flexible premium universal life insurance offering the ability to guarantee the death benefit.

Flexible premium adjustable universal life insurance.

Flexible premium, second-to-die universal life insurance offering the ability to guarantee the death benefit.

Markets

Non-qualified and Qualified

Non-qualified and Qualified

Non-qualified and Qualified

Minimum Face Amount

$50,000 No increases after issue

$50,000 Minimum increase - $25,000

$100,000 No increases after issue

Issue Ages

0 to 85

0 to 90 With DBO 3 Age 0 to 70

18 to 85 (both insureds must be in this range)

No-Lapse Guarantee

Any duration up to lifetime

Five-year only (P5)

Any duration up to lifetime

Death Benefit Options

Death Benefit Option (DBO) 1 - face amount DBO 4 - face amount plus Specified Premium Account value (SPA)

DBO 1 - face amount DBO 2 - face amount plus account value DBO 3 - face amount plus premiums paid and not refunded, with interest for the first five policy years or without interest

DBO 1 - face amount DBO 4 - face amount plus Specified Premium Account value (SPA)

Maturity

Policy does not mature at any age. Must have $.01 of net surrender value, or satisfy the GDB Safety Test at attained age 121 to remain in force after age 121. After age 121, no cost of insurance charges are deducted from the account value.

Policy does not mature at any age. Must have $.01 of net surrender value to remain in force after age 121. After age 100, no charges are deducted from the account value, and no premium payments are allowed except as needed to keep the policy in force. Loan interest will continue to accrue and loan payments are permitted beyond age 100.

Policy does not mature at any age. To continue coverage beyond the younger insured’s age 121, the policy must have $0.01 of cash value as of the younger insured’s attained age 121 or must have satisfied the GDB Safety Test at the younger insured’s attained age 121.

Underwriting/ Substandard Classifications

• Ultra Preferred Non-Tobacco • Select Preferred Non-Tobacco • Non-Tobacco • Select Preferred Tobacco • Tobacco • Table Ratings: A, B, C, D, E, F, H, J, L and P • Flat Extras

• Ultra Preferred Non-Tobacco • Select Preferred Non-Tobacco • Non-Tobacco • Select Preferred Tobacco • Tobacco • Table Ratings: A, B, C, D, E, F, H, J, L and P • Flat Extras

• Ultra Preferred Non-Tobacco • Select Preferred Non-Tobacco • Non-Tobacco • Select Preferred Tobacco • Tobacco • Uninsurable class • Table Ratings: B, C, D, E, F, H, J, L, and P • Flat Extras

Riders

• Accelerated Death Benefit • Substitute of Insured • Waiver of Specified Premium

• Accelerated Death Benefit • Disability Benefit • Guaranteed Insurability • Other Insured (spouse or child) • Substitute of Insured • Waiver of Monthly Charges • Waiver of Specified Premium

• Accelerated Death Benefit • Estate Protection • Policy Split Option • Substitute of Insured

8

Variable Universal Life Insurance Product Variable Universal Life III Product Summary­

Participating, flexible premium, adjustable variable universal life insurance that provides – while in force – permanent death benefit protection with the ability to allocate net premiums to a Guaranteed Principal Account (GPA) and several investment divisions of the Separate Account.

Markets

Non-qualified and Qualified

Minimum Face Amount

$50,000 for both Non-qualified and Qualified Minimum increase - $25,000 Increases allowed until age 90 No face amount increases after age 70 with Death Benefit Option (DBO) 3

Issue Ages

0 to 90 With DBO 3 Age 0 to 70 (0 to 59 in CA)

No-Lapse Guarantee

• 1st Guarantee Period (P-9): Guaranteed for the first nine years of the policy • 2nd Guarantee Period (P-Life): Guaranteed for the lifetime of the insured

Death Benefit Options

DBO 1 - face amount DBO 2 - face amount plus account value DBO 3 - face amount plus premiums paid and not refunded, with interest for the first five policy years or without interest

Maturity

VUL III provides coverage for as long as it remains in force. The policy does not provide for an endowment in any year except where a state requires a maturity date. No charges (administrative, insurance or applicable rider charges) will be deducted from the Account Value beyond attained age 120. Premium payments will not be permitted beyond attained age 120. Loan interest will continue to accrue and loan payments will be permitted beyond attained age 120. To remain in force beyond attained age 120, the policy must have $0.01 of cash surrender value as of the insured’s attained age 121 and beyond, or it must be supported by the secondary guarantee.

Underwriting/ Substandard Classifications

• Ultra Preferred Non-Tobacco • Select Preferred Non-Tobacco • Non-Tobacco • Select Preferred Tobacco

The P-9 and P-Life premiums vary by issue age, gender, underwriting class and death benefit option. They are also impacted by substandard ratings and the addition/deletion of coverage segments and riders.

• Tobacco • Table Ratings: A, B, C, D, E, F, H, J, L and P • Flat Extras

Issue ages 0 to 14 Non-Tobacco only, 15 to 16 Non-Tobacco or Tobacco, 17 to 90 all five classes above

Riders

• Accelerated Death Benefit • Disability Benefit • Guaranteed Insurability • Other Insured (spouse or child)

• Substitute of Insured • Waiver of Monthly Charges • Waiver of Specified Premium

9

Convertible Term Life Insurance Products Vantage Term® - ART (VT-ART)

Vantage Term® - 10 (VT-10)

Product Summary

Initially the lowest price term option with premiums that are guaranteed and increase annually. The policy is annually renewable to age 90.

Premiums are guaranteed and remain level for the initial 10-year term. In the 11th year the policy premiums begin to increase annually. The policy is annually renewable to age 90.

Level Premium Guarantee Period

1 year

10 years

Markets

Non-qualified and Qualified

Non-qualified and Qualified

Minimum Face Amount

The minimum policy face amount is $100,000. The contract will terminate if the face amount drops below the minimum policy face amount for any reason.

The minimum policy face amount is $100,000. The contract will terminate if the face amount drops below the minimum policy face amount for any reason.

Issue Ages

Age 18 to 75 (19 to 75 in WA)

Age 18 to 65 (19 to 65 in WA)

Renewability

Renewable to Age 90

Renewable to Age 90

Convertibility

Convertible for the earlier of 10 years or anniversary nearest age 65. Minimum conversion period of five years.

Convertible for the earlier of 10 years or anniversary nearest age 65. Minimum conversion period of two years.

Policy Size Bands

Premiums will vary based on the face amount bands below. If a partial term Premiums will vary based on the face amount bands below. If a partial term conversion results in the term policy moving to another band, premiums will conversion results in the term policy moving to another band, premiums will continue to be calculated on the previous/higher band basis. continue to be calculated on the previous/higher band basis.

Band 1 = $100,000 - $249,999 Band 2 = $250,000 - $499,999 Band 3 = $500,000 - $999,999v

Band 4 = $1,000,000 - $4,999,999 Band 5 = $5,000,000 and greater

Band 1 = $100,000 - $249,999 Band 2 = $250,000 - $499,999 Band 3 = $500,000 - $999,999

Band 4 = $1,000,000 - $4,999,999 Band 5 = $5,000,000 and greater

Policy Fee

$75 annually. Fee is not commissionable.

$75 annually. Fee is not commissionable.

Underwriting/ Substandard Classifications

• Ultra Preferred Non-Tobacco • Select Preferred Non-Tobacco • Non-Tobacco • Select Preferred Tobacco • Tobacco • Table Ratings: A, B, C, D, E, F, H, and J • Flat Extras

• Ultra Preferred Non-Tobacco • Select Preferred Non-Tobacco • Non-Tobacco • Select Preferred Tobacco • Tobacco • Table Ratings: A, B, C, D, E, F, H, and J • Flat Extras

Riders

• Accelerated Death Benefit • Waiver of Premium

• Accelerated Death Benefit • Waiver of Premium

Riders are subject to state availability and may have an additional cost.

10

Vantage Term® - 20 (VT-20) Premiums are guaranteed and remain level for the initial 20-year term. In the 21st year the policy premiums begin to increase annually. The policy is annually renewable to age 90.

20 years

Non-qualified and Qualified The minimum policy face amount is $100,000. The contract will terminate if the face amount drops below the minimum policy face amount for any reason.

Age 18 to 65 (19 to 65 in WA) Renewable to Age 90 Convertible for the earlier of 10 years or anniversary nearest age 65. Minimum conversion period of two years.

Premiums will vary based on the face amount bands below. If a partial term conversion results in the term policy moving to another band, premiums will continue to be calculated on the previous/higher band basis.

Band 1 = $100,000 - $249,999 Band 2 = $250,000 - $499,999 Band 3 = $500,000 - $999,999

Band 4 = $1,000,000 - $4,999,999 Band 5 = $5,000,000 and greater

$75 annually. Fee is not commissionable. • Ultra Preferred Non-Tobacco • Select Preferred Non-Tobacco • Non-Tobacco • Select Preferred Tobacco • Tobacco • Table Ratings: A, B, C, D, E, F, H, and J • Flat Extras

• Accelerated Death Benefit • Waiver of Premium

11

MassMutual. We’ll help you get there.® There are many reasons to choose a life insurance company to help meet your clients’ financial needs: protection for their family or business, products to provide supplemental income and the confidence of knowing your clients will be prepared for the future. At Massachusetts Mutual Life Insurance Company (MassMutual), we operate for the benefit of our participating policyowners. We stand strong in the fundamental belief that every secure future begins with a good decision. And when choosing a life insurance company – ownership, strength and stability matter. Learn more at www.massmutual.com/mutuality Principal Underwriters: MML Investors Services MML Distributors, LLC Subsidiaries of Massachusetts Mutual Life Insurance Company 1295 State Street Springfield, MA 01111-0001

© 2013 Massachusetts Mutual Life Insurance Company, Springfield, MA 01111-0001. All rights reserved. www.massmutual.com. MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliated companies and sales representatives. LI7010B 213

CRN201407-162626

A Reference Guide for Individuals and Businesses

Dividend interest rates for participating life insurance policies The way companies apply dividend interest rates to calculate dividends varies. Some companies quote gross rates. Others, including MassMutual, quote rates that are net of investment expenses only, while yet others quote rates that take additional items into consideration.

The dividend interest rate is used to determine the investment component of dividends; it is not the rate of return on the policy. Dividends include an investment component, a mortality component and an expense component. Therefore, dividend interest rates should not be used as the sole basis for comparing insurers. Dividends are not guaranteed.

Policies issued by Massachusetts Mutual Life Insurance Company since March, 1996 Year

Dividend interest rate

1996

Dividend interest rate 8.40%

2005

7.00%

1997

8.40%

2006

7.40%

1998

8.40%

2007

7.50%

1999

8.40%

2008

7.90%

2000

8.20%

2009

7.60%

2001

8.20%

2010

7.00%

2002

8.05%

2011

6.85%

2003

7.90%

2012

7.00%

2004

7.50%

2013

7.00%

Year

NOT A BANK OR CREDIT UNION DEPOSIT OR OBLIGATION  •  NOT FDIC OR NCUA INSURED  •  NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY  •  NOT GUARANTEED BY ANY BANK OR CREDIT UNION Insurance Strategies

Policies issued by Massachusetts Mutual Life Insurance Company prior to March, 1996 Year

Dividend interest rate

Year

Dividend interest rate

1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995

7.40% 7.80% 8.27% 8.27% 1 8.27% 1 8.27% 11.60% 12.20% 12.20% 12.20% 11.35% 11.15% 10.50% 10.50% 9.95% 9.45% 9.30% 9.00%

1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

8.40% 8.40% 8.40% 8.40% 8.30% 8.30% 8.10% 7.90% 7.50% 7.00% 7.55% 7.55% 7.90% 7.45% 6.85% 6.80% 7.00% 7.00%

Policies issued by the former Connecticut Mutual Life Insurance Company prior to March, 1996 Year 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999

Dividend interest rate 11.35% 11.35% 10.85% 9.05% 9.05% 9.05% 9.05% 8.80% 8.10% 8.05% 7.70% 7.70% 7.70% 7.70%

Year 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

Dividend interest rate 7.65% 7.75% 7.85% 8.00% 7.45% 6.65% 7.25% 7.45% 7.75% 7.40% 6.70% 6.70% 7.00% 7.00%

1

R ate applies to pre-8100 series. 8100 series rate is 9.22%. Policy blocks issued by Massachusetts Mutual Life Insurance Company and the former Connecticut Mutual Life Insurance Company prior to March, 1996 are no longer sold. All rates shown assume an Adjustable/Variable Loan Rate starting in 1984. The merger between Massachusetts Mutual Life Insurance Company and the former Connecticut Mutual Life Insurance Company was completed in March, 1996.

© 2012 Massachusetts Mutual Life Insurance Company, Springfield, MA 01111-0001. All rights reserved. www.massmutual.com. MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliated companies and sales representatives. LI7255 1012

CRN201311-165857

An Educational Guide for Individuals

A 100 Year History of MassMutual’s Dividends Providing dividends to policyowners for over a century

Insurance Strategies

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What are policy dividends? At Massachusetts Mutual Life Insurance Company (MassMutual), our eligible participating policyowners receive an equitable portion of the company’s divisible surplus as a dividend, which are generally declared and paid annually, but are not guaranteed. Divisible surplus is the amount paid out after the company sets aside the funds required to meet contractual obligations, operating expenses, contingencies and for general business purposes. It’s important to understand that divisible surplus must be achieved in order to pay dividends. This is why the payment of dividends on any particular policy is not guaranteed. A history of dividends to eligible participating policyowners consistently since the 1860s Dividends can help policyowners build more value in their participating policies, reinforcing our policy base and our overall financial strength. The pages that follow show dividends to policyowners back to the year 1900.

Dividends to policyowners from 1900 to 2012 Year

Dividends (000s)

Year

Dividends (000s)

Year

Dividends (000s)

Year

Dividends (000s)

1900

$ 680

1929

$13,440

1958

$ 36,962

1987

$ 475,200

1901

742

1930

14,255

1959

39,024

1988

492,421

1902

785

1931

15,797

1960

41,478

1989

488,876

1903

881

1932

14,630

1961

47,893

1990

527,538

1904

942

1933

12,865

1962

52,443

1991

485,497

1905

1,012

1934

11,400

1963

55,535

1992

486,608

1906

1,025

1935

9,540

1964

59,834

1993

526,928

1907

1,151

1936

9,601

1965

63,664

1994

523,496

1908

1,377

1937

9,617

1966

75,947

1995

520,539

1909

1,335

1938

9,793

1967

85,651

1996

859,8971

1910

1,537

1939

10,112

1968

91,758

1997

919,514

1911

1,739

1940

10,170

1969

101,651

1998

982,823

1912

1,845

1941

9,192

1970

106,174

1999

1,030,931

1913

2,078

1942

8,284

1971

112,266

2000

1,086,178

1914

2,328

1943

8,423

1972

123,140

2001

1,097,026

1915

2,471

1944

8,747

1973

140,160

2002

1,163,238 1,098,500

1916

2,623

1945

9,149

1974

148,143

2003

1917

2,911

1946

10,491

1975

154,541

2004

995,647

1918

3,245

1947

12,051

1976

171,760

2005

1,154,540

1919

3,541

1948

12,941

1977

188,129

2006

1,226,454

1920

4,138

1949

13,501

1978

227,316

2007

1,372,522

1921

4,834

1950

14,185

1979

249,518

2008

1,331,650

1922

5,313

1951

16,179

1980

259,911

2009

1,211,616

1923

5,906

1952

17,388

1981

271,053

2010

1,209,910

1924

6,634

1953

19,531

1982

286,970

2011

1,312,836

1925

7,362

1954

22,370

1983

340,869

2012

$ 1,378,516

1926

9,075

1955

27,092

1984

417,763

1927

11,020

1956

29,364

1985

439,029

1928

$ 12,207

1957

$ 34,071

1986

$ 458,715

Source: Massachusetts Mutual Life Insurance Company Statutory Annual Statement, Year-End Summary of Operations - Dividends to Policyholders: These numbers reflect incurred dividends to policyholders. Incurred dividends equal amounts paid to eligible participating policyholders plus any increase in liabilities. 1

1996 increase reflects, in part, a merger with Connecticut Mutual Life Insurance Company.

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MassMutual. We’ll help you get there.® There are many reasons to choose a life insurance company to help meet your financial needs: protection for your family or business, products to provide supplemental income and the confidence of knowing you will be prepared for the future. At Massachusetts Mutual Life Insurance Company (MassMutual), we operate for the benefit of our participating policyowners. We stand strong in the fundamental belief that every secure future begins with good decisions. And when choosing a life insurance company — ownership, strength and stability matter. Learn more at www.massmutual.com/mutuality

© 2013 Massachusetts Mutual Life Insurance Company, Springfield, MA 01111-0001. All rights reserved. www.massmutual.com. MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliated companies and sales representatives. LI7354   413

CRN201404-169815

Dividends to policy owners - A history of solid performance in all phases of the economic cycle

Source: Massachusetts Mutual Life Insurance Company Statutory Annual Statement, Year-End - Summary of Operations - Dividends to Policyholders: These numbers reflect incurred dividends to policyholders. Incurred dividends equal amounts paid to eligible participating policyholders plus any increase in liabilities.

Dow Jones Industrial Average peaks at 14,164.53

$1.5 Billion

MassMutual and Connecticut Mutual merge

$1.2 Billion

Fall of the Berlin Wall 9/11

Sub-prime mortgage crisis

$900 Million First microprocessor is introduced

Hurricane Katrina

Americans walk on the moon Second Gulf War

$600 Million

Dr. Martin Luther King, Jr.’s “I Have a Dream” speech Women win the right to vote

$300 Million

First Gulf War

Black Tuesday’s stock market crash

U.S. enters World War II San Francisco Earthquake

U.S. enters First World War

U.S. involvement in Vietnam War increases U.S. fights in Korean War

0 1900

1910

1920

1930

1940

1950

1960

1970

1980

1990

2000

2010