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."
Established in 1836, Legal & General is one of the UK's leading financial services groups and a major global investor, with over £1.2 trillion in total assets under management* of which 39% is international. We have a unique and highly synergistic business model, which continues to drive strong returns. Legal & General provides powerful asset origination and management capabilities directly to clients, which also underpin our leading retirement and protection solutions. We are a leading international player in Pension Risk Transfer, in UK and US life insurance, and in UK workplace pensions and retirement income. Our purpose is to improve the lives of our customers and create value for our shareholders. Through inclusive capitalism, we are investing in long-term assets, such as real estate and infrastructure, that can help build a better society for the future.
*as at HY 2023
LGIA is one of the nation’s strongest life insurers, and number three in term life insurance sales in the United States (LIMRA Q2 2023 report). LGA’s insurance products are sold nationwide through its companies Banner Life Insurance Company in 49 states and D.C. and William Penn Life Insurance Company of New York in New York. LGA has an A.M. Best rating of A+ (Superior) – 2nd highest out of 15 categories and AA- from Standard & Poor’s (Very Strong capacity to meet financial commitments). Ratings are as of November 3, 2022, and apply to Legal & General America Group and its subsidiaries Banner Life Insurance Company and William Penn Life Insurance Company of New York. All ratings are subject to change.
*as at December 2023