It’s Time for Change

by | June 11, 2020 | Financial Education

Life Happens stands against all forms of racism and injustice and in solidarity with the Black community. Over the past couple of weeks, we’ve taken the time to reflect on our organization, our mission as an educational nonprofit and our role in the broader industry we serve. We believe that Black lives matter and we know we have a voice and a responsibility to be part of the solution.

Our nonprofit organization aims to provide equal access to important financial information and educational resources, because we know financial empowerment and education are essential for equality. But we acknowledge that access to that information is not always equal, and we can do a better job of Black financial empowerment. It’s time for change. We can and need to do better to listen, learn and act for a long-term change that prioritizes equality and inclusivity, both within our own walls and as an industry.

Here are our commitments to start driving change. We recognize that this is just the beginning. and we will continue to evolve this list:

  • Expand the focus of our Life Lessons Scholarship Program to further support Black young adults who have lost their parents with little to no life insurance by awarding them scholarships to ensure that they receive the education they deserve. Our first step is awarding Mya Mercer a Life Lessons Scholarship so that she can pursue her dream of a college education. Watch her story.
  • Establish a diverse advisory group that is inclusive of Black insurance and financial professionals to seek out their perspectives to advance the resources and information we provide on critical protection products and financial advice. If you are interested in participating in this advisory group, please email mleyes (at)
  • Amplify the voices of Black financial leaders and Black-owned financial and insurance companies to make sure their knowledge and expertise reach a greater audience. This year, Life Happens will coordinate speaking panels dedicated to advancing the conversation within the industry on financial inclusion and driving equality for the Black community.
  • Commit to increasing the Black representation we have at Life Happens on our staff and on our Board of Directors.

It’s time for change. It’s time to do better.

Faisa Stafford, LUTCF

Faisa Stafford, LUTCF

Faisa Stafford, LUTCF, is president and CEO of Life Happens. She has been with the nonprofit since 2003, serving in various roles, and has always been passionate about Life Happens’ mission to educate all consumers about the importance of life insurance and related products.

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