Mass Mutual to offer free life insurance policies
July 10, 2008
Massachusetts Mutual Life Insurance Co. will issue free $50,000 life insurance policies to benefit children of working families in Greater Cincinnati.
MassMutual expects to issue $1 billion dollars in free term coverage through its national philanthropic program LifeBridge. The policy proceeds help to pay for the education of eligible children if their insured parent or legal guardian dies during the 10-year policy term.
"LifeBridge helps bridge the gap between the financial realities hard-working families face and their desire to make a better life for their children," Chris Flores, financial adviser with MassMutual's Cincinnati-based Paragon Financial Group, said in a press release.
MassMutual has issued more than 8,600 10-year term life insurance policies since launching the program in 2002...
Source : http://www.bizjournals.com |
