Massachusetts Insurer Looking for Applicants Nationwide for Free Life Insurance Program
A Massachusetts life insurer is looking for applicants to take advantage of its current offer ofÂ freeÂ life insurance. The LifeBridgeÂ program, created byÂ MassMutual Financial Group, has been providing low-income families nationwide with free coverage for a decade and is now seeking individuals and families who are in need to take advantage of its current offer.
MassMutual Financial Group’s LifeBridge Program
LifeBridge is a program offered by MassMutual Financial Group, Â which offers aÂ freeÂ life insuranceÂ policy to eligible parents in hopes of providing educational opportunities toÂ their children in case they pass away prematurely.
The program offers parents a free, $50,000 ten-year life insurance policy that serves as a trust for their children. The policy is meant specifically for education purposes and includes tuition, fees, books, campus room and board and school loans.
Children have 10 years after a parent or guardian’s death (or until age 35) to use the educational benefit.
Over the past 10 years, the LifeBridge program has granted more than $625 million in free life insurance coverage. It’s ultimate goal is to give away $1 billion, which is why MassMutual is seeking more applicants today.
MassMutual Looking for Free Life Insurance Applicants
MassMutual Financial Group has already granted 13,000 policies and is currently seeking approximately 7,000 more qualified applicants to secure free life insurance through its LifeBridge program.
Applicants must meet the following eligibility criteria to qualify for free coverage:
- Between the ages of 19-42
- Currently employed full-time or part-time, earning between $10,000 and $40,000 annually
- Have at least one child or dependent under age 18
- A legal resident of the United States
Anyone who meets the above criteria can qualify to receive the freeÂ term life insuranceÂ policy from the LifeBridge program. Policyholders are not required to pay any money to receive coverage. MassMutual will pay all premiums.
To learn more about the program and apply for coverage via the LifeBridge Eligibility Form, visit MassMutual.com/LifeBridge.