Financial protection for your family · All life insurance policies offer a guaranteed death benefit, a payout to your loved ones if you pass away. It’s a core feature of term life insurance, a type of temporary coverage available at a lower cost than some other options. Cash value to use during your lifetime² · Permanent whole life insurance has accessible cash value that’s guaranteed to grow. Variable universal life insurance, another lifetime option, can grow in value through investments, although market risk is involved.
New York Life Insurance Company ( NYLIC ) is the third-largest life insurance company and the largest mutual life insurance company in the United States, and is ranked #71 on the 2023 Fortune 500 list of the largest U.S. corporations by total revenue. In 2023, NYLIC achieved the best possi...
A common form of a protection-policy design is term insurance.... of life insurance in the U.S. began in the 1760s. The Presbyterian Synods in Philadelphia and New York City created the...
New York Life Insurance is a great life insurance provider for seniors, as well as individuals who want to earn dividends on their whole life insurance policies.
Learn about securing permanent lifetime protection with a New York Life whole life insurance policy, which offers access to cash value over time.
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Basic Term Life: Often an employer-paid coverage option that is offered for a set period of time and provides your beneficiaries with crucial financial protection. Supplemental Term Life: An employee-paid coverage option that allows you to purchase additional protection as your needs change over time. Dependent, spouse, or domestic partner coverage may also be available. Dependent Term Life: This option provides coverage for your spouse, civil union partner, domestic partner, and eligible children.