Life insurance foundation awards thousands in scholarships to college students

Oct 06, 2011

A life insurance foundation is giving scholarships to kids affected by a parent's death.

The LIFE Foundation, a foundation looking to give information on life, health, disability and long-term care insurance, announced it is giving $115,000 to 60 college students facing financial challenges due to the death of a parent.

A story told by the foundation is that of Mark Ortiz, who died earlier this year after a stroke. His daughter Cherzerea put a hold on going to college and the family income is still hurting, even with financial support. Chezerea earned a $10,000 scholarship for college from the LIFE Lessons Scholarship Program, which provides tuition assistance to young people who have lost a parent. She said life insurance has been one of the few comforts after her father's death.

"Chezerea's story is illustrative of the struggle that so many families in America face when a provider in the household dies with little or no life insurance," the foundation said in a press release.

The Cincinnati Enquirer reports that one local high school student won a $5,000 scholarship after her father was gunned down when she was 9 years old. Mahogany Fleming, the student who won the life insurance scholarship, will attend the University of Toledo.

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