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Free life insurance for low income families

Most low income families live paycheck to paycheck. Life insurance is not even on the list to consider. Putting food on the table and taking care of other necessities definitely take priority, but they should get life insurance – for their kid’s sake. Mass Mutual offers free life insurance for low income families up to $50,000 which will go into a trust that can be used by the kids for their education. It is very nice of them to offer this. This program is called LifeBridge Free Life Insurance Program. Mass Mutual will pay the premium and issue a $50K term life policy to a trust for a period of 10 years.  If the policy owner dies within this 10 year period, the $50K is used to cover the educational expenses of his/her children.  The children have 10 years after the parent’s death or until they hit 35 to use the money.


What are the eligibility criteria for this free life insurance program?

As this program is designed for low income families, you income cannot be more than $40,000, but it cannot be less than $10,000 either. Other qualifications include -

  • You have to be employed. Full time or part time. You should be between age 19 and 42
  • You should have (or be a legal guardian of) one of more dependent children under age 18
  • You should be a legal permanent resident of the United States
  • Only one member of household (one parent) can apply.
  • You should be good health.

How can I apply for the LifeBridge Free life insurance program?

  1. Fill out the LifeBridge eligibility and application form (you can find the form at the end of this booklet here – LifeBridge FAQs)
  2. Mail the form to this address (the form should have the up-to-date address)
    • MassMutual Financial Group
    • LifeBridge Program Coordinator
    • M175
    • PO Box 1295
    • Springfield MA 01101-9909
  3. You will receive a letter from the MassMutual program if you qualify to schedule a time and location to complete the process. You will need your last year tax return and most recent pay stub to verify the income and drivers license, green card or any photo id to verify your identity. You will also need your kids Social security numbers and date of birth.
  4. Finally you will have to take a brief medical exam.

Please share this information if you know someone who can take advantage of this program.

This post is part of the free money Friday series. Check here  – free money Friday to find all the posts in this series.

{ 9 comments… read them below or add one }

Financial Success for Young Adults

Wow! This looks like a great deal. Where’s the catch?



Great idea! It may even stop the cycle of poverty.



this looks really promising.

I am sure there is more to this initiative that we’re not sure about, but its interesting to see how financial institutions are making roads into the evolution of their own brands.

thanks for sharing.


Money Reasons

Nice Find! I’ve never heard of this program before, but if I couldn’t afford life insurance, this is better than nothing.


Sandy - yesiamcheap


This is some really good, under the table information! I had never heard of this but I’ll be sharing it as much as possible everywhere. Hope you don’t mind.




Nope, I don’t mind at all. Share away! Thanks!!



I have never heard of this before. What a great program. Like FSFYA, I wonder if there is a catch.



@Latisha and Melissa, I couldn’t find a catch and I also called to check the program before posting. They do seem to provide this benefit for free, really. The only problem is, as I mentioned in the post, they do expect the policy holder to be free of any preexisting health problems. This could be a deal breaker for some people, but it is an insurance company. Any life insurance company will expect the same I suppose…



Im the only one on disability so I want to get life insurance for my husband


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