Benefit Innovations

MassMutual Introduces Kashable Credit Services On The BeneClick! Benefits Exchange

Kashable provides loans to help workers deal with financial emergencies, helps avoid tapping retirement savings

SPRINGFIELD, Mass. – Massachusetts Mutual Life Insurance Co. (MassMutual) is making Kashable credit services1 available through the BeneClick! employee benefits exchange as a resource to help workers obtain emergency funds without having to tap their retirement savings.

Kashable offers its loan program as an employer-sponsored voluntary benefit. Loans can be obtained online directly through Kashable without having to fill out forms or visit a bank. Employees are prequalified for credit based on their employment and the amount of credit they qualify for is based on their ability to repay. The program provides disciplined, affordable and easy to manage credit at low rates starting at 6 percent APR with a 6-12 month term.

“Access to emergency credit can be a highly valuable benefit for workers and can help protect their retirement savings when financial emergencies arise,” said James Ocampo, Assistant Vice President, Strategic Development for MassMutual. “We expect Kashable’s loan program to be a popular voluntary benefit, both with employers and employees.”

Personal Finance: The biggest source of stress

The credit service is designed to address one of the biggest sources of stress in the workplace: personal financial issues. The 2015 MassMutual Employee Benefits Security Study found that 37 percent of workers find managing their personal finances “somewhat” or “very difficult” and 40 percent say personal financial problems are a distraction at work.2

Fueling some of that distress is a lack of savings as 29 percent of Americans have no emergency savings and 21 percent don’t have enough to cover three months’ expenses, according to’s 2016 Financial Security Index.3

“In an economy where employees are worried about their finances, providing a loan program that meets the health/wealth challenge head on, is a major competitive edge for employers,” said Einat Steklov, co-Founder of Kashable. “We applaud MassMutual for their comprehensive platform and are proud to be included on BeneClick!”

Access to emergency credit can be a highly valuable benefit for workers and can help protect their retirement savings when financial emergencies arise

BeneClick!, powered by Maxwell Health’s benefits technology platform, is the first integrated employee benefits exchange that features a guidance tool to help employees prioritize their retirement savings, healthcare and insurance protection benefits based on their individual life stages and then take action.

The exchange integrates MassMutual’s MapMyBenefitsSM tool, which enables employees to prioritize their benefits choices, helping to make the most of each benefit dollar based on their life stages, financial goals and personal finances. This all-inclusive approach to workplace benefits combines retirement readiness, healthcare coverage and preparation for life’s unforeseen events.




About Kashable
Kashable® provides socially responsible financing solutions for employees, offered as an employer-sponsored voluntary benefit program. With Kashable, employees apply online and take low-cost term loans instantly, then repay them automatically through equal installment payroll deductions or direct deposits. Kashable is transforming the way working America accesses credit. For more information, visit
Kashable is a registered trademark. All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.
About MassMutual
MassMutual is a leading mutual life insurance company that is run for the benefit of its members and participating policyowners. MassMutual offers a wide range of financial products and services, including life insurance, disability income insurance, long term care insurance, annuities, retirement plans and other employee benefits. For more information, visit
© 2016 Massachusetts Mutual Life Insurance Company, Springfield, MA 01111-0001. All rights reserved. MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliated companies and sales representatives.
1Kashable is a licensed lender in Alabama, California, Colorado, Connecticut, Delaware, Florida, Illinois, Iowa, Louisiana, Maryland, Minnesota, Michigan, New Jersey, Pennsylvania and Texas. Kashable’s loan program may be available in other jurisdictions where there is no license requirement or an exemption is available.
22015 MassMutual Employee Benefits Security Study,
3Bankrate 2016 Financial Security Index,