On April 1, MassMutual will update the multi-life discount program on our fully underwritten Radius Choice disability income (DI) insurance business. The changes will occur in two phases:
During phase one we will be making updates to the current program starting on April 1, 2023, including:
• Unisex pricing will no longer be available for non-employer-paid multi-life discounts; only gender-distinct rates will apply.
• Reduction of group identification number (GIN) exclusivity.
• Updates to program guidelines.
In phase two, we will redesign the program and revisit pricing, occupation classes, and compensation.
Join the MMSD DI team to hear details on the multi-life discount program changes and how they could positively impact your business.