Zander Insurance, one of the largest providers of term life insurance in the country, has partnered with Life Lessons to award more than $65,000 in scholarships to 10 students who lost a parent or guardian with little or no life insurance.
This year is the sixth consecutive year Zander Insurance has sponsored scholarships through the Life Lessons program. Traditionally, the annual scholarship program awards one student. However, in the wake of COVID-19, Zander decided to award 10 applicants with a scholarship.
“COVID-19 has made this a particularly tough year for students and families,” said Jeff Zander, CEO of Zander Insurance. “We were deeply moved by the students’ stories and wanted to applaud them for their determination in the face of tragedy. We hope to bring a small beam of light into their lives during this difficult time.”
According to a study by Life Happens, nine out of 10 Americans agree they need life insurance, yet only 60 percent say they have it. Zander aims to raise awareness of the importance of life insurance while helping students pay for college.
To be considered for the scholarship, applicants had to submit an essay or video that explained how their lives have been emotionally and financially affected by the death of a parent or guardian.
The 2020-2021 scholarship recipients are as follows:
· Samuel Muturi from Dorchester, Mass.
· Daniel Carter from Auburn, Ala.
· Erica Gahm from Overland Park, Kan.
· Erin Schuttler from Raleigh, N.C.
· Jade Smith from Branford, Conn.
· Katelyn Yardley from Provo, Utah
· Madalyn Touma from Rockledge, Fla.
· Tamauri Beasley-Foster from Owings Mills, Md.
· Taylor Rebelez from Phoenix, Ariz.
· Claire Houghton from Garnet Valley, Pa.
Life Happens is a nonprofit organization dedicated to educating Americans about the importance of life insurance. This program is made possible by the generous financial support of the AIG Direct, Swiss Re Group, Pacific Life Foundation, Life Insurance Direct Marketing Association (LIDMA), MIB Group, All State and others. Life Happens also accepts contributions from individual donors. To learn more about making a tax-deductible donation, visit www.lifehappens.org/donate.