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Home › Articles › Life Insurance › A Bridge to the Future

A Bridge to the Future

No-cost Life Insurance Ensures Education for Children of Qualified Parents

By Lyn Mettler

Pages:  1  2  3  

  • currently abuse drugs or alcohol or have abused them within the last 10 years.
  • have been convicted of driving while intoxicated within the last five years.
    • How Do I Apply?

    If you feel you qualify for the LifeBridge(SM) program, call 800-272-2216 to request a brochure or visit www.massmutual.com/lifebridge, which offers information about the program. Mass Mutual also has partnered with a number of community-based organizations like the YMCA, YWCA, Boys and Girls Clubs of America, Habitat for Humanity and others to spread the word. These organizations may hold meetings in your area where you can gather information and complete an application.

    Parents first need to fill out an eligibility form to determine if they are eligible to apply. If you are deemed eligible, you will then meet with a Mass Mutual representative to complete the process. You should bring last year's tax return and your most recent pay stub, and the representative will arrange for you to have a brief medical exam including a blood and urine test.

    "We encourage all who think they might be eligible to consider applying," says St. George.

    For parents like Odessa Covington of Springfield, Mass., mother of Destiny, 4, the LifeBridge(SM) program will ensure that her daughter can fulfill her dreams of becoming whatever she wants to be. "Should something happen to me, I want to make sure she can make it on her own," says Covington. "Being a single parent, there's no one else I have to rely on so I would hope she would be well off in the future."

    Common Life Insurance Terms, Defined by Mass Mutual
    • Life Insurance – a type of protection that pays money when an insured individual dies.
    • 10-Year Term Policy – life insurance that stays in effect for 10 years.
    • Beneficiary of Trust – the person who will receive the benefits from the trust.
    • Face Amount/Death Benefit – amount of insurance provided by the policy at death.
    • Underwriting Guidelines – the medical, family and occupational guidelines an insurance company uses to choose individuals to whom it will offer coverage.
    • Medical Examination – a health check required before a company will issue insurance.
    • Insured – the person who is covered by the insurance policy and whose death triggers the payment of the death benefit.
    • Eligible Child – each child listed on the eligibility form at the time of the parent's application.
    • Trust – a legal name for a company who will manage the death benefit and will pay the educational expenses of the children in the LifeBridge(SM) program.


    Pages:  1  2  3  

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