first_imgWHAT: Governor Jim Douglas will announce a partnership with Massachusetts Mutual Life Insurance Company at a news conference on February 12th to give away free $50,000 life insurance policies to families in need across Vermont.WHEN/WHERE: The Governor will hold a news conference on February 12th, 11AM at  the State House, 109 State St., Montpelier, VT in the Governor s Ceremonial Office to announce details of the program, including the date and time of a public application event where people can apply for free life insurance policies. He will also announce who qualifies for the program and how it benefits the children of Vermont.WHY: The free life insurance program is called LifeBridge. This is strictly a philanthropic program with no additional obligations or commitments from families who qualify for the free insurance policies. MassMutual is the only company in the nation giving away life insurance as part of a charitable giving program.The $50,000 benefit from these life insurance policies will help pay for the education of children if their parent or legal guardian dies during the ten year policy term. MassMutual hopes to give away up to ten million dollars in life insurance coverage in Vermont.EDITORIAL NOTE: If you can not cover the news conference, please contact me for a news release about how people can apply for free life insurance; interviews with LifeBridge experts in Vermont can be arranged.last_img

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