497 1 d497.htm SUPPLEMENT TO MMVLSAI, VUL GUARD SUPPLEMENT TO MMVLSAI, VUL GUARD

 

SUPPLEMENT EFFECTIVE MAY 8, 2003

 

TO THE APRIL 7, 2003, PROSPECTUS

 

for

 

VUL GuardSM

Issued by:

Massachusetts Mutual Life Insurance Company

 

The information in this supplement supercedes any conflicting information contained in the April 7, 2003 VUL GuardSM prospectus. You should retain this supplement with your VUL Guard prospectus for future reference.

 

Effective May 8, 2003:

 

  1.   The following lines in the “Periodic Charges Other than Fund Operating Expenses” table of the Fee Tables section on page 7 of the prospectus are revised to read as follows:

 

Charge

 

Rider Charges

  

When Charge is Deducted

  

Current Amount
Deducted

 

Minimum/Maximum

  

Maximum Amount
Deducted

 

Minimum/Maximum

•      Additional Insurance

  

Monthly, on the policy’s monthly charge date.

  

Rates per $1000 of Insurance Risk:

$50,000 – $5,000,000 face amount

•      $0.03 – $82.50

$5,000,001+ face amount

•      $0.02 – $82.50

Rates per $1000 of the face amount:

•      Yrs 1 – 5: $0.10 – $0.41

•      Yrs 6+ : $0

  

Rates per $1000 of Insurance

Risk:

•      $0.06 – $83.33

 

Rates per $1000 of the face

amount:

•      Yrs 1 – 5: $0.10  – $0.41

•      Yrs 6+ : $0

•      Disability Benefit

  

Monthly, on the policy’s monthly charge date.

  

Rates per $1 of
Monthly Deduction7

•      $0.01  – $0.26

Rates per $1 of
Specified Benefit Amount

•      $0.00 – $0.04

  

Rates per $1 of
Monthly Deduction7

•      $0.01  – $0.26

Rates per $1 of
Specified Benefit Amount

•      $0.00 – $0.04

Rider charge for a 35-year-old male, non-tobacco user, in the standard risk class with a policy face amount of $500,000

  

Monthly, on the policy’s monthly charge date.

  

Rates per $1 of Monthly Deduction7

•      $0.06

Rates per $1 of
Specified Benefit Amount

•      $0.02

  

Rates per $1 of Monthly Deduction7

•      $0.06

Rates per $1 of
Specified Benefit Amount

•      $0.02

(Continued on next page.)

 

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  2.   The following lines in the “Periodic Charges Other than Fund Operating Expenses” table of the Fee Tables section on page 8 of the prospectus are revised to read as follows:

 

Charge

 

Rider Charges

  

When Charge is
Deducted

  

Current Amount
Deducted

 

Minimum/Maximum

  

Maximum Amount
Deducted

 

Minimum/Maximum

•      Waiver of Monthly Charges

  

Monthly, on the policy’s monthly charge date

  

Rates per $1 of
Monthly Deduction7

•      $0.01 – $0.26

  

Rates per $1 of
Monthly Deduction7

•      $0.01 – $0.26

Rider charge for a 35-year-old male, non-tobacco user, in the standard risk class with a policy face amount of $500,000

  

Monthly, on the policy’s monthly charge date

  

Rates per $1 of
Monthly Deduction7

•      $0.06

  

Rates per $1 of
Monthly Deduction7

•      $0.06

•      Waiver of Specified Premium

  

Monthly, on the policy’s monthly charge date

  

Rates per $1 of
Monthly Deduction7

•      $0.01 – $0.26

Rates per $1 of
Specified Premium Amount

•      $0.00 – $0.04

  

Rates per $1 of
Monthly Deduction7

•      $0.01 – $0.26

Rates per $1 of
Specified Premium Amount

•      $0.00 – $0.04

Rider charge for a 35-year-old male, non-tobacco user, in the standard risk class with a policy face amount of $500,000

  

Monthly, on the policy’s monthly charge date

  

Rates per $1 of
Monthly Deduction7

•      $0.06

Rates per $1 of
Specified Premium Amount

•      $0.02

  

Rates per $1 of
Monthly Deduction7

•      $0.06

Rates per $1 of
Specified Premium Amount

•      $0.02

 

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