Get Free Term Life Insurance Now

Life insurance is a proven source of financial security for loved ones after your death. For $250,000 worth of coverage, insurance coverage can require as little as a few hundred dollars per year in premium payments, something several families can afford. But at MassMutual Financial Group of Massachusetts, customers can do even better. According to Bankrate.com, MassMutual is currently offering free of charge insurance coverage.

Free of charge term life insurance accessible to some

Life insurance experts advise potential consumers that if they're interested in a policy, the time to purchase is when you are young and healthy, as rates is substantially lower. If an individual has dependents, life insurance is almost always a good idea. A limited period is put on insurance coverage. It will guarantee insurance for a low rate that is fixed. When the term is up, the coverage expires. New coverage needs to be obtained. If the insured dies during this time, the benefits are paid. The beneficiary gets them.

MassMutual LifeBridge can help you

In the event that a policyholder dies, MassMutual Financial Group can give $50,000 in free of charge term life insurance for children's education. This may seem too good to be true, however Bankrate.com says MassMutual is the real deal. Provided a person meets the qualifications for the free insurance coverage policy through MassMutual's LifeBridge program, the money can be there for the future. There's a 10 year trust for the $50,000. The children's tuition, fees, room and board and other things needed for college, private school, trade school or pre-school is paid for with the money if the policyholder dies during the life insurance term. The child has 10 years, or until the child turns 35 years old, to use the money. It depends on which comes later for them.

Free term life insurance requirements

The following are required of anyone doing the MassMutual LifeBridge program:

• Be at least 19 but not older than 42
• Be the parent or legal guardian of one or more dependent children younger than 18
• Be a permanent legal resident of the U.S.
• Be employed full or part time and have a family income between $10,000 and $40,000
• Be the only parent or guardian in your household to apply
• Be in good health in the view of MassMutual underwriters
• Have not been diagnosed with heart disease, cancer, HIV or Type 1 diabetes
• Have not abused drugs or alcohol at any time within the past 10 years
• Are not currently on probation

Tests are required before approval for free insurance. This can be done with blood and urine. Suicide within two years of the policy's effective date voids the policy. There's a MassMutual Financial Group website. This is where you need to go to learn more.

Information from

Bankrate

bankrate.com/financing/insurance/free-term-life-from-massmutual/

MassMutual Financial Group

massmutual.com/

MassMutual LifeBridge Brochure

massmutual.com/mmfg/pdf/lifebridge_eligibility.pdf

MassMutual LifeBridge FAQ

massmutual.com/mmfg/pdf/LifeBridge_FAQ.pdf

Wikipedia

en.wikipedia.org/wiki/Term_life_insurance