Is it time to upgrade your term life insurance?
What does owning permanent life insurance and real estate have in common?
The ability to build “equity.”
Term life insurance provides important protection for a period of time. As a policyholder, you understand the peace of mind that offers. But when you upgrade to permanent life insurance, there’s no expiration date on your protection. And your policy may build cash value – or “equity” - that can grow over time. You can even enjoy tax-free access to the policy’s cash value which you may decide to put towards college funding, a down payment on a house, extra income for retirement, or a cushion for emergency expenses.
We know that life doesn’t always go as planned, and you may need flexibility as your needs change along the way. New York Life and the product solutions we offer can help ensure you and the people you love are protected, no matter what life brings. And our promises are backed by the claims-paying ability of a company with over 170 years of financial strength and integrity.
Are you ready to upgrade your life insurance protection? Contact your agent today to discuss converting your term policy to a permanent solution.
Don’t have an agent? Contact us to learn more.