Insurance company offering free life policies for Mass., Conn. EMS providers
MassMutual is offering three-year term policies of up to $25,000 at no cost to EMS and hospital workers
The Hour, Norwalk, Conn.
BOSTON — MassMutual announced up to $25,000 in free life insurance at no cost to hospital workers, those in urgent-care clinics and paramedics who work or live in Massachusetts or Connecticut and are at risk of exposure to coronavirus infection.
The Massachusetts-based carrier is committing $3 billion to the new HealthBridge program, which will offer term policies covering a three-year span for covered health workers who die as a result of complications from the novel coronavirus COVID-19.
To secure the policy, workers must fill out a short application that will be available online in late April, including providing proof of employment in a qualifying position. MassMutual is allowing people to register emails in order to receive alerts when it begins accepting applications.
“MassMutual HealthBridge is our way of helping the everyday heroes on the front lines who are sacrificing so much in the fight against COVID-19,” said CEO Roger Crandall, in a Wednesday morning statement issued by MassMutual. “We can never repay healthcare workers for their selfless efforts during this crisis, but by helping them protect their loved ones, we hope we can contribute to their peace of mind as they work to protect us all.”
Andrew Mais, commissioner of the Connecticut Insurance Department, voiced support for the program as did his Massachusetts counterpart Gary Anderson.
©2020 The Hour (Norwalk, Conn.)