2026-00230Notice

Life Insurers Swap Funds for Better Investment Options

Published Date: 1/9/2026

Notice

Summary

MML Bay State Life Insurance Company wants to swap some investment shares in their life insurance and annuity accounts to better funds managed by MML Series Investment Fund I and II. This change could affect policyholders by updating where their money is invested, but it won’t cost them extra. If anyone wants to challenge this, they must ask for a hearing by February 2, 2026.

Analyzed Economic Effects

2 provisions identified: 2 benefits, 0 costs, 0 mixed.

Insurer will swap underlying fund shares

If you own a variable life insurance policy or a variable annuity contract held in MML Bay State Separate Accounts, the insurer plans to substitute the shares that back those contracts with shares of MML Series Investment Fund and MML Series Investment Fund II. The notice says this update could change where your money is invested but that it will not cost you extra.

Deadline to request a hearing

If you want to challenge the proposed substitution, you must request a hearing by 5:30 p.m. on February 2, 2026 by emailing the Commission's Secretary and serving the Applicants. Your request must include proof of service (an affidavit or, for lawyers, a certificate of service) and state your interest and the issues you contest.

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Key Dates

Published Date
1/9/2026

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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