-

MassMutual Expands $3 Billion Free Life Insurance Program for Frontline Healthcare Workers Battling Pandemic to Five Additional States

MassMutual extends HealthBridge beyond MA and CT to NY, NJ, CA, IL and AZ to support and recognize healthcare workers’ continued bravery in hard hit and home states

SPRINGFIELD, Mass. & BOSTON--(BUSINESS WIRE)--Massachusetts Mutual Life Insurance Company (MassMutual) today announced the expansion of MassMutual HealthBridge, which is providing free term life insurance to heroic frontline healthcare workers, to additional states with the highest volume of COVID-19 cases, including New York, New Jersey, California and Illinois. With a large base of MassMutual employees, Arizona also joins the list, adding to the launch states of Massachusetts and Connecticut, where thousands have already applied for HealthBridge.

MassMutual is offering local healthcare workers putting their safety on the line free policies of up to $25,000. The company also recently expanded eligibility to reach additional healthcare workers and volunteers. Active employees and qualifying volunteers of the following facilities and providers across the seven participating states whose jobs may involve occupational exposure to the virus can apply – completely online – for the 3-year term life policies:

  • licensed hospitals
  • urgent care centers
  • emergency medical service providers
  • nursing homes
  • assisted living or inpatient hospice and cancer facilities
  • eligible Federally Qualified Health Centers
  • temporary COVID treatment facilities

By uploading proof of employment and filling out a short application on the HealthBridge page, qualified healthcare workers can receive this free act of financial protection. Volunteers must be actively volunteering at least 10 hours per month at an eligible provider or facility that is engaged in testing, treating or evaluating COVID-19 cases and, in the course of volunteering, have direct in-person contact with COVID-19 patients, and provide proof of volunteerism.

“We were proud to create HealthBridge as our way of saying thank you to the brave frontline workers who are doing so much to help others at the height of this pandemic,” said Roger Crandall, MassMutual Chairman, President and CEO. “With the expansion of this program, we will ensure that more people in more states qualify for this valuable protection, helping to provide peace of mind as they continue to put the health and well-being of others above their own.”

HealthBridge, totaling $3 billion of insurance coverage, is an extension of MassMutual’s current LifeBridge program, which has been providing free life insurance for nearly two decades to income-eligible families to help children with educational expenses in the event a parent or guardian passes away.

HealthBridge guaranteed-issue policies for eligible applicants would be paid to a trust in the name of their designated beneficiaries in the event of their death. Interested individuals can find more information or apply on the HealthBridge page.

About MassMutual
MassMutual is a leading mutual life insurance company that is run for the benefit of its members and participating policyowners. MassMutual offers a wide range of financial products and services, including life insurance, disability income insurance, long term care insurance, annuities, retirement plans and other employee benefits. For more information, visit www.massmutual.com.

Contacts

Julie Staadecker, jstaadecker45@massmutual.com, (617) 716-9526

Massachusetts Mutual Life Insurance Company


Release Summary
MassMutual expands $3 billion free life insurance program for frontline healthcare workers battling pandemic to 5 additional states.
Release Versions
Hashtags

Contacts

Julie Staadecker, jstaadecker45@massmutual.com, (617) 716-9526

Social Media Profiles
More News From Massachusetts Mutual Life Insurance Company

MassMutual Announces the Appointment of Michael T. Rollings to Its Board of Directors

SPRINGFIELD, Mass.--(BUSINESS WIRE)--MassMutual today announced it has elected Michael T. Rollings to the company’s Board of Directors. “With his extensive leadership experience at financial services companies that have a proven track record of growth and market leadership, Mike is an excellent addition to our Board of Directors,” said Roger Crandall, Chairman, President and CEO, MassMutual. “Along with his deep financial and operational background in both insurance and asset management, Mike h...

MassMutual and Barings Announce Investment by MS&AD Insurance Group Holdings for 18% Stake in Barings

SPRINGFIELD, Mass. & CHARLOTTE, N.C.--(BUSINESS WIRE)--MassMutual and Barings announced today that MassMutual has entered into an agreement in which MS&AD will acquire an 18% equity stake in Barings....

New Study: MassMutual Health & Wealth Habits Report: Strong Financial Discipline Linked to Better Health

SPRINGFIELD, Mass.--(BUSINESS WIRE)--Americans with strong financial habits are significantly more likely to report better physical and mental health, according to the MassMutual Health & Wealth Habits Report. MassMutual’s popular earlier research revealed that in order to achieve happiness in retirement, it is crucial to work on financial and physical health prior to retiring. The MassMutual Health & Wealth Habits Report builds on this research and examines the relationship between hea...
Back to Newsroom