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What is it?
LifeBridge is a free life insurance program run by Massachusetts Mutual Life Insurance Company (MassMutual). The term of the policy lasts for 10 years. What do you get? If an insured parent or legal guardian dies during the term of the policy, MassMutual will put $50,000 in a trust to pay for the education of the deceased's children. How long do you get it? The trust will pay for the children for up to 10 years after the death of the insured parent or legal guardian, or until the child is 35, whichever is later. |
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