Tuesday, February 15, 2011

Low-Income Parents Can Get Free Life Insurance for Their Kids' College Expenses

Just saw this article about Mass Mutual offering free life insurance to low income families. Check out Lynette Khalfani-Cox's column ...  

Low-Income Parents Can Get Free Life Insurance for Their Kids' College Expense   By Lynnette Khalfani-Cox on Jan 28th 2011 2:41PM  

Parents must meet a certain criteria to qualify for this insurance visit Mass Mutual's website for more information.   Here is a description of the program:

"LifeBridgeSM - Free Life Insurance Program
Our unique LifeBridge Free Life Insurance Program provides $50,000 term life insurance policies free-of-charge to eligible parents or guardians. We pay the premiums, and our agents drive the program in their communities. If an insured parent or guardian dies during the 10-year term, a $50,000 benefit funds a trust1 serviced by our trust company to pay eligible dependent children's educational expenses. Our goal is to give away $1 billion in coverage. As of May 31, 2009, we are halfway to our goal and have provided over a half billion dollars in free life insurance coverage across the country."

To learn more about the LifeBridge Free Life Insurance Program or to apply for this coverage, call (800) 272-2216 or visit www.massmutual.com/lifebridge. 

No comments:

Post a Comment