September is Life Insurance Awareness Month

Question: Is there Federal Income Tax on the Benefits?  Answer: No, the proceeds to beneficiaries are generally free from federal income tax.Question: Is there Federal Income Tax on the Benefits?Answer: No, the proceeds to beneficiaries are generally free from federal income tax.

September is Life Insurance Awareness Month and New York Life is proud to support this industry-wide effort.September is LIAM.  Our Company is proud to support the effort.

Life Insurance is a financial tool that protects against the risk that a person will die too soon and be unable to fulfill obligations to loved ones. A life insurance policy guarantees that a designated amount of money will be available, generally income-tax-free, at the very time it is needed most, at death, when survivors may be exposed to certain financial risks, such as burial expenses, loss of personal or business income and debts.

For over 160 years, New York Life Insurance Company has been committed to making a difference in communities across the country. Since protecting families is at the heart of what we do, hosting a Grandparents and Me Day is just another way New York Life is serving the needs of local families.

In our Real Life Stories section, we share the stories of real people who benefited from life insurance when they needed it most. Watch or read the stories in this section... more

Tell us your stories
New York Life is looking for personal and compelling stories from our clients that show the value of life insurance as well as the benefits of working with a New York Life Agent. Tell us about the extraordinary people and families you know whose lives and legacies were positively impacted as a result of New York Life and its agents. Selected Stories will be presented on the LIAM section throughout September as well as on newyorklife.com... more

WHY Life Insurance?Why?
Learn about life insurance, and understand its necessity and importance.

WHO needs it?Who needs it?Who needs it?
Learn about particular financial goals or life stages that may require the need for life insurance.

WHAT kind?What kind?What kind?
Understand the various kinds of life insurance that are available and see which best fits your needs.

HOW much?How much?
Learn what questions to ask yourself and how to calculate the amount of life insurance you need.

WHAT do you need to know?What do you need to know?
Understand the specifics of life insurance, like underwriting, dividends, and optional riders, to name a few.

HOW to get it?How to get it?
Find out how and where you can buy life insurance that will appropriately meet your needs.

Blog, produced by the LIFE Foundation, The Insurance Word Blog is dedicated to helping consumers make smart insurance decisions.

Actor and producer Chris Noth, who is best known for his leading roles in Sex and the City and Law & Order is this year's spokesperson for Life Insurance Awareness Month. Noth lost his father early on his life, but he realizes that without the life insurance his dad left behind, things could have turn out a lot of differently for his family, as well as many other families, if the head of the household dies prematurely without the financial security of life insurance.

View Chris Noth's Video Now

QUIZ!QUIZ!
Test your life insurance knowledge by taking our Life Insurance Quiz.

Life Insurance 101

Life and Health Insurance Foundation for Education

Interactive Decision Guide
Term or Perm? Which is right for you? Try our Interactive Decision Guide.
Provided by the Life and Health Insurance Foundation for Education Decision Guide

Insurance Needs CalculatorCalculator
How much life insurance do you need to maintain your family's quality of life?

NYL LIAM Web site to educate and protect.

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