Why Whole Life?
Permanent cash value whole life insurance from New York Life promises a guaranteed death benefit, generally tax-free, guaranteed level premiums that won’t increase, and guaranteed, tax-deferred cash value growth that can be accessed by taking out a policy loan*.
Over the period of a lifetime, a guaranteed cash value whole life policy will cost less than a temporary term policy. Plus, whole life policy holders can earn dividends that can grow both your cash value and the amount of your death benefit*.
Wouldn’t it be nice to get something more for your money?…Guaranteed?! Watch this eCard to learn more.
*Policy loans accrue interest and reduce cash value and death benefit. Dividends are not guaranteed.