Massachusetts Mutual Life Insurance Company has introduced an individual, non-cancelable disability insurance policy aimed at highly paid executives.[@@]

MassMutual, Springfield, Mass., says the new Radius Executive Select policy can pay benefits of up to $50,000 per month, or up to 50% of the executive’s pre-disability income.

The policy is portable, and future insurability options can help executives increase policy benefits without providing evidence of insurability, MassMutual says.