Life, Retirement, & Annuities

Individual Life Insurance, Retirement Planning & Financial Services, & Annuities

Note: All individual life products are offered exclusively through New York Life.

Long Term Care Insurance

A long term care insurance policy helps pay for the care needed when one can no longer care for themself. It may protect a family’s financial future and one’s own investments and savings.

Life Insurance:

Provides a payment to the beneficiary at the death of the insured. Types of life insurance include Term, Whole, Universal and Variable.

Term Life:

Is life insurance which provides coverage at a fixed rate of payments for a limited period of time, the relevant term.

Whole Life:

Is a life insurance policy that remains in force for the insured's whole life and requires (in most cases) premiums to be paid every year into the policy.

Universal Life:

Is a type of permanent life insurance based on a cash value. The policy is established with the insurer where premium payments above the cost of insurance are credited to the cash value of the policy.

Variable Life:

Is a type of life insurance that builds cash value. The cash value can be invested in a wide variety of separate accounts, similar to mutual funds, and the choice of which of the available separate accounts to use is entirely up to the contract owner.

Retirement Planning and Financial Services:

Tax advantage products for Retirement planning

Annuities:

A specified income payable at stated intervals for a fixed or a contingent period, often for the recipient’s life, in consideration of a stipulated premium paid either in prior installment payments or in a single payment.

Note: All individual life products are offered exclusively through New York Life.