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Legal & General America Awards $10,000 Life Lessons Scholarship to Stockton University Junior
Legal & General America (LGA), a top ten U.S. life insurer, awarded Nyraysia Robinson, Stockton University junior majoring in environmental science, its annual $10,000 Life Lessons Scholarship.
14 Sep 2020
This scholarship, part of non-profit Life Happens' annual program, recognizes students like Robinson for their perseverance following the loss of a parent or guardian with little to no life insurance coverage.
“With this scholarship, I'll be able to continue to keep my promise to my dad to achieve a higher education,” said Robinson.
Robinson’s life turned upside down when she lost her father to illness. In the wake of his death were medical bills, other debt and a young woman wanting to go to college to pursue her dream of becoming a wildlife biologist. While her mom has worked hard to overcome adversity, the financial strain still exists.
“The greatest peace of mind a person can have is protecting the things that really matter and ensuring those who depend on you are taken care of, “ said Mark Holweger, President and CEO of Legal & General America. “We are proud to award this scholarship to Nyraysia, who persevered through a very difficult time and is determined to succeed in her studies and beyond."
Through its annual Life Lessons Scholarship Program, Life Happens recognizes students through scholarships ranging from $5,000 to $20,000, to help pay for their college education. The program started in 2005 and has awarded roughly $2,200,000 to nearly 615 students. LGA has worked with Life Happens for over 10 years on the program.
Andrea Englert, manager of Consumer & Industry Programs at Life Happens: "Reading these students’ stories serves as a reality check for many and reminds us of the importance of life insurance, especially for families. It’s not for you, but for those you leave behind. All of us at Life Happens are truly honored to play even a small part in these student’s lives. This has been a truly outstanding year for the program with $345,000 being awarded thanks to the support of our sponsors like Legal and General America."
Further information
Jason Konschnik
Senior Manager, Integrated Marketing
Legal & General America
T: +1 203-815-5433
Notes to editors
Established in 1836, Legal & General is one of the UK’s leading financial services groups and a major global investor, with £1.2 trillion in total assets under management (as at FY23) of which c40% (circa £0.5 trillion) is international.
We have a highly synergistic business model, which continues to drive strong returns. We are a leading international player in Institutional Retirement, in Retail Savings and Protection, and in both public and private markets through our Asset Management division. Across the Group, we are committed to responsible investing and dedicated to serving the long-term savings and investment needs of customers and society.
As at 7 June 2024, we estimate the Group’s Solvency II coverage ratio to be 224%.
As at 11 June 2024, Legal & General has a market capitalisation of £14.6 billion.
Legal & General America’s individual life insurance division is part of the worldwide Legal & General Group. For over 70 years, the Legal & General America companies have been in the business of providing financial protection through life insurance for American families. The Legal & General America companies are Banner Life Insurance Company and William Penn Life Insurance Company of New York. With more than $105 billion in new coverage issued in 2023, LGA is a top three US term life insurance provider with 1.4 million U.S. customers. LGA shares Legal & General’s independent financial strength ratings: A+ Superior from A.M. Best and AA- Very Strong from Standard and Poor’s and Fitch. For more information, please visit https://www.lgamerica.com.