Single Parents
Parenting alone is more than twice the job of parenting with a partner. You head the family, and you do it without being able to bounce ideas off someone who cares as much as you do. Wherever you are on your financial path, we offer you support and advice on your financial matters. Speaking with one of our planning associates will not replace the ideas and decisions you might reach with a partner, but our financial advice will be real, straightforward and sound.
LifeBridgesm is free life insurance program for income eligible families. It is designed to help you protect your dream of providing an education for your children if you die before they complete their schooling. Under the LifeBridge Free Life Insurance Program, Massachusetts Mutual Life Insurance Company (MassMutual) will issue a $50,000, 10-year term life insurance policy to a trust on the life of a qualifying parent or legal guardian*. There is no cost to you - MassMutual pays the premiums. The $50,000 is used to cover the educational expenses of your children. After your death, your children have 10 years or until age 35, whichever is later to use this $50,000 educational benefit.
*Trust administered by the MassMutual Trust Company, FSB.
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