Life Insurance for Young Professionals

Contribute to Your Life

These days, nothing seems guaranteed. The financial markets are struggling. The economy is shaky. People are looking for financial protection. Still, despite these turbulent times, you've landed a great job, and the financial freedom you've longed for is finally within your grasp and you're ready to make the best of it.

Enjoy Your Now By Protecting Your Later

The primary purpose of life insurance is to provide a death benefit that can replace lost income in the event of a death. However, cash value policies also include an attractive accumulation element. These dollars can be used in the future for whatever purpose the policyowner desires — to help pay educational tuition bills, for a down payment on a home, to supplement retirement income, and other costs.^*

Cost-of-Waiting Life Insurance Calculator

Life insurance purchased today can also protect your future insurability. Though single today, you may eventually have a family. Cash value life insurance, also known as whole life insurance, once issued, is in force for life, assuming all required premiums are paid when due. This is the case in spite of any changes in your health that may develop in the future. And, the younger and healthier you are when you purchase whole life insurance, the less expensive it will be. Take advantage of what life insurance could offer during your lifetime.

Your Living Benefits of Whole Life Insurance

• It can be used to help pay for college or college loans, for a down payment on a new home, or to take advantage of a potential business opportunity. ^*

• It can provide tax-deferred cash value accumulation.

• It can give you tax-advantaged access to cash value if structured properly. A permanent life insurance plan can provide tax-free access to the policy's cash value through a combination of loans and withdrawals. ^*

• It can help establish a foundation for a lifetime of financial security.

^*The cash value in a permanent life insurance policy is accessed through policy loans, which accrue interest at the current rate, and cash withdrawls. Loans and withdrawals will decrease the available death benefit and cash value.

If you're ready to discuss how life insurance may fit your needs, please fill out the form below and a professionally-trained New York Life Insurance Company Agent will contact you at your convenience. While you're making up your mind, here are some articles that may help inform your decision:

What are your goals for the next five to 10 years? Please share your life's next steps in our user comments area below.