An insurance company doing something good??? Say it isn't so!

Ironically, these fifty G's will make the kid ineligible for financial aid.

insurance companies don't do anything unless they can profit from it. Somewhere in the fine print is something like if you end up earing $1000 more than the previous year you will owe $500.
Insurance companies should be non-profit.

(Insurance companies should be non-profit.)

And who would run it? The Obamacare folks? That would make it cost-effective.Get real

you're comparing non-profit to Obamacare??? You obviously don't know the difference.
People still get paid at non-profits, instead of all the money the "fat cats" keep and build their 10 million dollar mansions the money goes back into the company and keeps rates extremely low.

This is not a do-good insurance. $50,000 is nothing for the probability of 19-42 year old's dying. Add to it that they have to be parents and hold a steady, though not high-paying job, then the rate of accidental death by drinking and over-dose is reduced also. In other words, They will make money and end up owing nobody $50,000.

Up to $50,000, for tuition only (no fees), divided evenly over 50 years, with benefits terminating the first semester the beneficiary is not a full time student or may become eligible for graduation. Policy benefits are reduced by whatever financial aid the beneficiary may be eligible for, either with the availability of this policy or not, whichever is more. Any other policy, income, or other financial resources that the beneficiary has available and may use for tuition must be used first, with this policy only paying the remainder.

Basically free advertising/viral buzz that won't cost them hardly a penny.

darylzero/mak104: Several people have already suggested this. It's called an Insurance co-op. It like like a credit union, but for Insurance.

But, Obama and Pelosi were so deadset on what they called a gov't run "Public Option", they didn't want to do that. They wanted to pass a bill no one had even read.

It's a 10 year Term plan and the child has until 35 to use it. Also, it will be evenly divided among your children.

The 50k is paid upon your death to a trust fund and tuition, room/board, book bills can be submitted for payment to the trust.

Not a bad plan, but very, very limited.

For it to work you must:
- Be between 19-42
- Have a child between 8-18
- Make between $10k and $40k
- Be a single parent
- Cannot have AIDS, cancer, type 1 diabetes,
- Cannot be on probation
- No drug abuse in the last 10 years
- Legal resident

As someone who used to work at the MassMutual home office, I can tell you that everything they do is for their own benefit, period.