LexisNexis Risk Solutions has partnered with the Life Happens Organization to address the life insurance protection gap in the United States. The Life Lessons Scholarship Program, established in 2005, aims to provide financial scholarships to college students and high school seniors who have lost a parent or guardian with little or no life insurance coverage. The program recently awarded Peyton Sims as its 2023 scholarship recipient. Peyton, who lost her father at a young age, displayed remarkable determination and resilience while pursuing her education and participating in athletics. She plans to study healthcare and become a physician assistant, and the scholarship will support her in achieving her goals.
According to the 2023 LIMRA Barometer Study, the life insurance need gap in the U.S. currently includes 101 million adults who lack sufficient coverage. This gap has remained consistent since the start of the pandemic. LexisNexis Risk Solutions recognized Peyton’s inspiring story and her dedication to helping others. The company believes that Peyton’s pursuit of a career in the medical field and her commitment to studying health sciences make her a deserving candidate for the Life Lessons Scholarship.
Peyton, a student at Mount St. Mary’s University, has already shown exceptional resilience and determination in her young life. Despite facing her father’s passing, Peyton excelled in lacrosse, secured a place in a Division 1 team, and managed multiple jobs alongside her academic and athletic responsibilities. Peyton’s father did not have life insurance, leading her to recognize the importance of this financial safety net. She intends to use the scholarship assistance to pursue her dreams of a career in healthcare and attending medical school, which requires a significant financial commitment. By receiving the Life Lessons Scholarship, Peyton is grateful to have the opportunity to afford her education and make a positive impact on others’ lives.
Overall, LexisNexis Risk Solutions and the Life Happens Organization are partnering to address the life insurance protection gap in the U.S., providing financial scholarships to college students and high school seniors who have experienced the loss of a parent or guardian without adequate life insurance. Peyton Sims, the 2023 recipient of the Life Lessons Scholarship, exemplifies resilience and determination in overcoming personal hardships. Peyton’s passion for helping others and her pursuit of a career in healthcare make her an inspirational candidate. With the scholarship, Peyton will have the means to fulfill her dream of becoming a physician assistant and making a difference in the medical field.
