Monday, April 9, 2012

Program Update 4/9/12 - Free Life Insurance, Free webinars

Hello Financial Coaches,


NEW Featured Resource on our Volunteer Resource Web Page!  MassMutual's LifeBridge Program.  


Under the program, MassMutal pays all the insurance premiums for a $50,000, 10-year term life insurance policy. That insurance policy gets issued to a trust at no cost to the insured individual. But if an insured parent or legal guardian passes away while the policy is in force, the trust pays $50,000 in education costs for the deceased person's children. And your children have up to 10 years after your death, or until age 35 (whichever is later) to use this educational benefit.



To qualify for the insurance, you have to meet these criteria:
  • You must be between the ages of 19 and 42
  • You must be the parent or legal guardian of one or more dependent children under the age of 18
  • You must be a permanent, legal U.S. resident
  • You must be employed full or part-time and earn between $10,00 and $40,000 annually
  • You must be the only parent or legal guardian in your household who has applied for the insurance
  • You must be in good health as determined by MassMutual's underwriting guidelines
Consumer Credit Counseling Services offers 100 Webinars in April

During April, Financial Literacy month, Consumer Credit Counseling Services will offer 100 webinars focusing on 27 different personal finance topics, ranging from credit scores and getting out of debt to buying a home and preventing foreclosure. Included in the topics will be six new webinars:


  • Student Loan Affordability
  • Life After Foreclosure
  • Building Wealth
  • Asset Protection and Insurance
  • The 4 C's of Credit
  • Alternatives to Pay-Day Loans



A full schedule is available at www.cccs.net.  

Participants can register online to attend the free webinars which start as early as 8:30 a.m. CT and are offered as late as 10 p.m. CT Mondays through Saturdays. Please feel free to forward this information to others who may benefit from this opportunity.  


Happy Financial Literacy Month everyone!