Our thoughts go out to all our policyholders affected by recent severe weather events. If you have any questions regarding your policy, please contact your New York Life agent or call New York Life directly at 1-(800)-225-5695.
There are many common misconceptions when it comes to life insurance. One example is that you can replicate the benefits of permanent or whole life insurance by buying term life insurance and investing the cost savings yourself. This whitepaper explains the difference between these options and addresses other misconceptions, such as perceived low returns on cash value and the idea that whole life is too expensive.
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