On December 16th, 2008 from 4pm-6pm we will be offering a $50,000 life insurance policy to working class families in the Fargo, ND area, at no cost. The program, called LifeBridgeSM, is provided through MassMutual Life Insurance Company who currently expects to issue a total of one billion dollars in free term life insurance coverage through its national philanthropic program. The policy proceeds help to pay for the education of eligible children if their insured parent or legal guardian dies during the ten year policy term.How Does The Program Work?
If an insured parent or guardian dies during the policy’s term, MassMutual will deposit the $50,000 face amount into a trust administered by The MassMutual Trust Co., FSB, a wholly owned subsidiary of MassMutual, on behalf of the children. The trust will pay the educational expenses of the children directly to the educational institution they attend.
Qualifications
Parents and legal guardians between the ages of 19 and 42 may apply for this insurance coverage. They must have one or more dependent children under the age of 18, be working full or part time with a total family income of between $10,000 and $40,000, and be permanent, legal residents of the U.S. They must also be in good health, as determined by MassMutual’s underwriting guidelines.
How Can I Participate In This Program?
Parents and legal guardians may apply for this coverage during a special event on Tuesday, December 16, 2008 from 4:00 p.m. – 6:00 p.m. at Acacia Financial Partners, 23 Broadway N, Suite 305, Fargo, ND; reservations are necessary. For more information or to apply for insurance coverage through MassMutual’s LifeBridge program, contact us at 701-364-0371 or via e-mail at brakowski@finsvcs.com.
http://www.free-press-release.com/news/200812/1228338484.html
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