Building a Strong Financial Foundation with Whole Life Insurance
Throughout history, millions of people have used participating whole life insurance as an important financial planning tool, explains Stephen Batza, Mutual Trust’s President & CEO, in our 2013 annual report. This is because whole life’s death benefit and cash value guarantees provide a variety of benefits throughout the owner’s lifetime, and these guarantees have remained steadfast even during an extraordinary range of economic environments. Over the years, whole life insurance has proven to be the strong foundation in many long-term financial plans.
In order for Mutual Trust’s products to provide a strong financial foundation for you, we must be financially strong ourselves. By vigilantly managing risks, maintaining a high quality investment portfolio, and steadily increasing policyholder surplus, Mutual Trust has continually strengthened its financial position.
At the end of 2013, our risk-based capital ratio, a measure used by regulators to determine financial strength, increased from 391% to 572%, which means that Mutual Trust has almost six times the minimum level of capital required by our regulators. This capital level provides us with the ability to invest in new products, new technology and other initiatives to better serve you.
Have You Returned Your Proxy Statement?
In addition to emailing you our 2013 annual report, on June 6th, Mutual Trust sent all policyholders a proxy statement. As a member of the company, you are eligible to vote, via proxy or in person, on important business issues that may arise before the next three annual meetings (2015, 2016 and 2017). If you don’t plan to attend these meetings, we invite you to fill out the proxy that was sent to you and return it to Mutual Trust.
To view Mutual Trust’s 2013 annual report, click here. |
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