SPONSOR: |
Sen.
Connor & Rep. Hudson |
|
Sens. Amick, Cloutier,
Copeland, Simpson, Sorenson, Still, Venables |
DELAWARE STATE SENATE 144th GENERAL ASSEMBLY |
SENATE CONCURRENT RESOLUTION NO. 5 |
CONGRATULATING MASSMUTUAL FOR ITS LIFEBRIDGE FREE LIFE INSURANCE PROGRAM AND ENCOURAGING ELIGIBLE DELAWAREANS TO TAKE ADVANTAGE OF THAT PROGRAM. |
WHEREAS, Massachusetts Mutual Life Insurance Company (MassMutual) has created the LifeBridge Free Life Insurance Program; and
WHEREAS, the LifeBridge Program is a term life insurance policy which would pay $50,000 in trust for a child(ren)’s education should the insured parent or legal guardian die in the next 10 years; and
WHEREAS, a parent or legal guardian (one per household) between 19 and 42 years of age with a household income of between $10,000 and $40,000 in good health and not a substance abuser or on probation, may be eligible for the LifeBridge Program; and
WHEREAS, MassMutual has pledged to issue policies until 20,000 have been issued or until December 31, 2007, whichever comes first; and
WHEREAS, as of January 17, 2007, only 6,200 policies have been issued; and
WHEREAS, eligible Delawareans can’t take advantage of this offer if they are not aware of its existence; and
WHEREAS, MassMutual has provided a toll free number (1-800-272-2216) for interested parents and legal guardians to call for additional information and how to apply.
NOW, THEREFORE:
BE IT RESOLVED by
the Senate of the 144th General Assembly of the State of
SYNOPSIS
This Concurrent Resolution congratulates MassMutual for its LifeBridge Free Life Insurance Program and encourages eligible Delawareans to take advantage of that program. |
AUTHOR: Sen. Connor