What: Free $50,000 Life Insurance to pay for your children's education.
When: Saturday, October 20th from 12 noon to 4 p.m
Where: Tejano Center for Community Concerns/Raul Yzaguirre School for Success
Contact: Ms. Foley at 713-649-6201 ext. 3727 or Ms. Mueller at ext. 3758
Qualifications: Parents must be between 19-42 yrs.
Permanent or legal U.S. resident
One or more dependent children under age 18
Employed with family income of $10,000 - $40,000 last year.
Be in good health.
HOUSTON, Oct. 16 -- Massachusetts Mutual Life Insurance Company (MassMutual)
is hosting an application meeting in Houston, Texas, for parents to apply for free $50,000
term life insurance policies under MassMutual's philanthropic LifeBridge(SM) Free Life Insurance
Program. If an insured parent or legal guardian passes away during the 10-year term of the policy,
$50,000 is put in trust to pay solely for the educational expenses of their dependent children.
Elizabeth Soto and other representatives from Strategic Financial Group, a MassMutual agency
located in Houston, Texas, that is offering the program locally, are donating their time to offer
the program to the community. "We are pleased to extend this opportunity to more families locally,"
said Ms. Soto. "Our philanthropic goal is to ensure as many families as possible apply for LifeBridge.
There is no cost to any insured person or their family because MassMutual pays the premiums.
The peace of mind provided is invaluable."
The LifeBridge Event will be held Saturday, October 20th, at the Tejano Center for Community
Concerns/Raul Yzaguirre School for Success from 12 noon to 4 p.m. If you are eligible, please call
Ms. Foley at 713-649-6201 ext. 3727 or Ms. Mueller at ext. 3758 to schedule your 15-minute appointment.
"Our aim is to ensure that all children have the same access to educational opportunities," Soto added.
"We want to level the playing field for children by helping to provide an educational safety net to working
LifeBridge applicants must meet all program criteria and be: -- between the ages of 19-42 (inclusive);
-- a permanent, legal U.S. resident; -- the parent or legal guardian of one or more dependent children
under the age of 18; -- currently employed - either full- or part-time - and have a family income of
between $10,000 and $40,000 on their most recent income tax return; and -- in good health, as determined
by MassMutual's guidelines
Each LifeBridge policy has a 10-year policy term. If the insured parent or legal guardian dies during that time,
the $50,000 life insurance benefit will be paid to a trust administered by the MassMutual Trust Company, FSB
on behalf of the children. The trust pays the educational expenses of the children directly to the educational
Various types of schools qualify for reimbursement including pre-school, private school, vocational school,
community college, universities, art and music schools or graduate schools. Some of the expenses covered
include books, tuition, and on-campus room and board.
Free Life Insurance Program Has Already Given Away $375 Million of Free Insurance to Eligible Working Parents