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County hears MassMutual whole-life benefit pitch for employees; HR to review
Summary
An insurance presentation described a MassMutual whole-life product with guaranteed-issue features, portable coverage and cash-value accumulation; HR said it will evaluate administrative implications and present the item at the next finance meeting.
Klamath County work-session attendees on Aug. 6 received a presentation from insurance agents regarding a MassMutual whole-life policy option for county employees. The presentation highlighted guarantee-issue amounts, cash-value accumulation and administrative considerations.
Brian Phillips introduced MassMutual representative Paul Hannett and described employee interest in life-insurance options beyond the county’s existing supplemental plans. Hannett (MassMutual) described the product as a whole-life plan with…
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