FREE $50,000 Term Life Policy!

[disneysteve]

I apologize if this was previously posted, but I just learned about it last nite and wanted to share.

MassMutual Financial Group is offering a free $50,000 10-year term life policy to qualifying individuals. You must complete an application and free medical exam. Once approved, MassMutual issues a $50,000 term life policy held by a trust for 10 years, and also pays all premiums for 10 years. If the insured dies during the 10-year period, MassMutual will pay the education expenses for your children up to $50,000. That includes preschool, private school, vocational/trade school, college, and things such as tuition, fees, books, student loans, room and board and other expenses. Your children can use the funds for up to 10 years following your death or until they reach age 35, whichever is later.

To be eligible, applicants must meet the following criteria:
- Be between ages 19 and 42
- A parent or legal guardian of one or more dependents under age 18
- Total family income between $10,000 and $40,000 annually
- Established legal and permanent residency in the US
- Health in good-standing according to insurance policy guidelines

There is NO catch. This is part of the company's corporate citizenship outreach program. To receive an eligibility form or get more info, call 800-272-2216 or go to www.massmutual.com/lifebridge.

 

[summerrluvv]

Thanks for posting this! I am definately going to sign up

 

[disneysteve]

Bumping this up for those of you who were too busy eating turkey yesterday.

 

[dvcgirl]

I suppose it's a nice gesture, but I'm thinking that they won't pay out too much. The total family income is low...only 40K. And the person at the oldest has to die before age 52 for them to pay. Still, though I guess it's a nice deal for someone in that category who has no other insurance.

 

[deltachi8]

As someone in that category, why would i turn down that policy?

 

[summerrluvv]

As someone in that category, why would i turn down that policy?

Seriously, who cares if it isn't the greatest policy, it's something

Also, FWIW, the median household income in the US is 44,473. That's not too far off from 40k

 

[pearlieq]

I suppose it's a nice gesture, but I'm thinking that they won't pay out too much. The total family income is low...only 40K. And the person at the oldest has to die before age 52 for them to pay. Still, though I guess it's a nice deal for someone in that category who has no other insurance.

That's exactly the point--it's targeted to help the most vulnerable.

I think it's a wonderful offering. Thanks for being thoughtful enough to share it!

 

[kritter]

HI,
This is really a great deal..My husband is a VP at massmutual and this deal is real and they really want people to us it and sign up for it..If you have specific questions regarding it email me and I will have Dh answer them for you...Great deal and if you qualify for the policy you would be dumb not to get it...

 

[kritter]

It really is not meant ot target the most vulnerable my Dh works for this company and this is not why they are doing it...

 

[dvcgirl]

As someone in that category, why would i turn down that policy?

My only point was that statistically, the insurance company isn't going to pay out on hardly any of these policies. It feels like more of a marketing campaign to me. But sure, if you qualify for it, why not take them up on it.

 

[kritter]

My only point was that statistically, the insurance company isn't going to pay out on hardly any of these policies. It feels like more of a marketing campaign to me. But sure, if you qualify for it, why not take them up on it.

It really is nto a marketing campagain my Dh works for this company..It is part of the good smartain program for life insurance companies..actually they have already paid out on some of these policies...If you qualify you should go for it...

 

[kritter]

Bump!!

 

[kritter]

The company is going to write up to $1B worth of life insurance on qualified applicants and pay the premium on the policies. The policies are 20 year term policies. Yes, statistically, life insurance companies pay out death benefits on about 5% - 10% of term policies. But that's because the policies are typically dropped or replaced with policies that have lower rates. When you're not paying the premium, its highly unlikely the policy is going to be dropped or replaced. This is no marketing ploy. The people who get the free insurance generally can't afford insurance, which isn't exactly what you'd call a good prospect for more sales.

 

[canwegosoon]

Thanks Steve...I am fowarding it on to my sister...she meets the qualifications. Also our family Accountant just passed away on Wed. and he was only 44yrs old(cancer), so you never know.

 

[kritter]

canwegosoon,
great I hope it works out for her...Pm me if you have any questions about it since I work for them...
Bruce...

 

[canwegosoon]

Thanks Bruce...I will let her know.