NU Online News Service, July 14, 2004, 6:34 p.m. EDT

Massachusetts Mutual Life Insurance Company, Springfield, Mass., is including Kansas City, Mo., and its Kansas suburbs in a program that provides $50,000 in free life insurance for working parents in eligible communities.[@@]

The program provides 10-year, level-term life insurance coverage for working parents between the ages of 19 and 42. If participating parents die, the parents’ children can use the policy proceeds to pay for almost any kind of formal schooling, including pre-school, elementary school, high school, vocational school, college and graduate school, MassMutual says.

MassMutual started offering the LifeBridge program in Connecticut in late 2002.

To qualify for the free coverage, parents must be permanent, legal U.S. residents in good health.

The parents must be working and show annual family incomes of $10,000 to $40,000 on their latest tax returns.

Legal guardians who meet the eligibility requirements can also apply for coverage.

Benefits will be paid to a trust administered by the MassMutual Trust Company F.S.B. on behalf of the children. The trust will make payments directly to the schools the children attend, MassMutual says.

Salvatore Lavely, a general agent in the Overland Park, Kan., office of Legacy Financial Group Inc., is running the Kansas City section of the program.

Parents can get an eligibility form by calling 1-800-272-2216.