Term Life Insurance
Term life insurance is the most basic kind of life insurance. It provides affordable protection for a pre-defined period of time, so it is often used to serve temporary protection needs.
- 5 Year Term Life Insurance
- 20 Year Term Life Insurance
- Term to Age 90
- Increasing Premium Term Life Insurance
Permanent Life Insurance
Permanent life insurance — including whole life insurance and universal life insurance — is used when protection needs are more long term. There are many kinds of permanent life insurance, each of which has unique features that make it appropriate for certain situations.
The two main categories of permanent life insurance are fixed and variable. Fixed life insurance products accumulate cash value at a pre-defined, guaranteed minimum interest rate or guaranteed cash value while variable universal life insurance products are designed to provide an insurance benefit under your policy, but do not guarantee a minimum rate of return. They will fluctuate up and down depending on the performance of the applicable investment divisions.
Variable Universal Life Insurance Products
- NYLIAC Variable Universal Life 2000
- NYLIAC Single Premium Variable Universal Life
- NYLIAC Variable Universal Life Provider
Survivorship Life Insurance
Survivorship life insurance is a life insurance policy that covers two individuals and
provides a life insurance benefit after the death of the last surviving insured. Survivorship policies can be
whole life, universal life, or variable universal life insurance.
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