The Pacific Life Foundation has awarded five $15,000 scholarships to students who have lost a parent without life insurance. The scholarships were awarded through Life Happens and its annual Life Lessons Scholarship Program, and were given to students in communities where Pacific Life employees live and work.
“The loss of a parent thrusts children and young adults into an unimaginable new world,” said Tennyson Oyler, president of the Pacific Life Foundation. “Losing a parent who has little or no life insurance complicates that loss, leaving them to navigate emotional devastation while facing financial hardships. Our hope is that these scholarships help shoulder some of the burden for these students and further showcase how important life insurance is as a financial tool that parents can leave their children.”
Since 2018, the foundation has awarded more than $210,000 in scholarships through Life Happens. This year, more than 250 Pacific Life volunteers reviewed hundreds of applications.
“The Life Lessons Scholarship Program provides Pacific Life and the Pacific Life Foundation with a meaningful way to connect our employees with our company’s mission,” Oyler said. “This program helps our employees truly understand the impact that our life insurance products can have on a family’s financial future.”
