Supporting our Communities
In the communities where we operate, we’re more than employers. We’re neighbors, colleagues, parents and friends. And, we believe we can help those communities become better places to live, work and play.
That spirit begins with our own people. Our employees are dedicated volunteers to causes and organizations across the country, giving generously of their time and talent. As part of our MassMutual Career Pathways Program, our employees mentor young people about careers, networking and academic options. And through programs like Volunteers In Action, our employees can also apply for grants on behalf of their chosen non-profits.
This helping hand extends to our community programs too. Programs like FutureSmartSM, a national financial education initiative in collaboration with select Junior Achievement chapters and NBA affililates, teaches middle school students about making wise financial choices. With FutureSmart, we gather students for an exciting interactive seminar that’s part workshop, part pep rally — followed up with financial education curriculum in the classroom.
Our LifeBridgeSM program helps young people fulfill their potential through the value of our core product — life insurance. This national initiative helps fund a child’s education by issuing $50,000 term life insurance policies to benefit the children of eligible working parents, with no cost to the parent. In fact, MassMutual pays the premiums. As of year end 2014, we’ve issued more than 13,400 policies representing more than $670 million in coverage.
While our efforts are national, we’re also involved on the local level. Our commitment extends from our headquarters in Springfield, MA, to our other home offices in Enfield, CT, Phoenix, AZ, Boston, MA, and Memphis, TN. And, it includes the hometowns our Financial Professionals across the country. In those local areas, like our national efforts, our focus is on financial education and career pathways, economic development and community vitality. With our Community Service Awards, our Financial Professionals can apply for grants to be awarded to the nonprofits where they volunteer their time and talent. In 2014, MassMutual awarded $155,000 on behalf of our Financial Professional volunteers.