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With Employee’s Whole Life Insurance, your employees can enjoy life insurance protection, and peace of mind in knowing that their loved ones are protected. And, since your employees own and pay for the policy, there’s no direct cost to you.
A simple application includes very few or no health questions, and absolutely no medical exams. Plus, the policy premiums are guaranteed* to never increase, regardless of their age, or health. This coverage is easy on budget, and available to employees’ family members as well.
You and your employees will have access to a New York Life agent – financial professionals who will sit face to face with you and your employees to understand everyone’s personal needs.
Here are some of the highlights of Employee’s Whole Life
No direct cost to employers
Since Employee’s Whole Life is voluntary, it’s owned and paid for by your employees.
Portable
Employees can take it with them if they change jobs or retire as long as premiums are paid when due
Hassle-free application process
No physical exams and limited to no medical questions asked
Professional Service
Our agents sit with you face to face to understand your needs.
* All guarantees are based on the claims-paying ability of the issuer.
New York Life Employee’s Whole Life Insurance is issued by New York Life Insurance Company. In Oregon the policy form number for Employee’s Whole Life Insurance is ICC17-217-52P.