Hopelink Kirkland/Northshore is joining Massachusetts Mutual Life Insurance Company (MassMutual) to give away free $50,000 term life insurance policies to benefit children of working families throughout King County.
MassMutual pays all insurance premiums on the policies as part of the company’s philanthropic LifeBridgeSM program. Eligible parents and legal guardians may apply for this coverage during a public event from 10 a.m. to 2 p.m. Feb. 5 at Hopelink Kirkland/Northshore, 1011 120th Avenue, Kirkland. Eligible applicants should call 425-250-3003 to schedule their 15 minute appointment. Appointments are preferred.
MassMutual expects to issue a total of $1 billion in free term life insurance coverage through the national philanthropic free life insurance program, called 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. 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-$40,000, and be permanent, legal residents of the U.S. They also must be in good health, as determined by MassMutual’s underwriting guidelines.
