Our Products

With the variety of life insurance and financial products we provide, we can help you meet a number of business and financial needs. Click on the sections below to see more about each topic.

Life Insurance

Life insurance is an effective way to help protect your family's lifestyle and future. Plus the cash value in a Whole Life insurance policy can be accessed via policy loans and withdrawals can be used to help you supplement your retirement income. This cash value can also be accessed and used for other major life events and can play an important part in estate, business succession, or charitable giving plans.*

Whole Life

Whole Life insurance is also known as permanent insurance. You receive coverage for your entire life, as long as premiums (which are a set amount per period) are paid. Whole Life policies accumulate cash value tax-deferred.

Term Life

Term Life policies provide coverage for a specific amount of time – such as 5 years, 10 years or 20 years. Term premiums are often less expensive than whole life premiums, but once the term of the policy is complete, coverage terminates. There is no accumulation of cash value.

Universal Life

Like Whole Life, Universal Life is a permanent insurance policy, which means that it covers you for your entire life, as long as premiums are paid. Universal life, however, offers you flexibility that enables you to change your premiums and death benefit as your needs change.

Variable Universal Life

Variable Universal Life Insurance combines the premium and death benefit flexibility of a Universal Life policy with investment opportunities. You may allocate your premium amongst a variety of professionally managed investment divisions plus a fixed account. Of course, with investment opportunities comes risk along with the potential for reward.

Offered by NYLIFE Securities LLC. (member FINRA/SIPC), 51 Madison Avenue, New York, NY 10010.

Survivorship Life

Survivorship Life Insurance – available as Whole Life, Universal Life or Variable Universal Life – covers two people and provides payment of the proceeds when the second insured individual dies. Survivorship Life Insurance is often used to help meet estate planning or business continuation goals.

*The policy will terminate if at any time the cash surrender value is insufficient to pay the monthly deductions. This can happen due to insufficient premium payments. If loans or withdrawals are made, or if current interest rates or changes fluctuate.

*Accessing cash value via policy loans accrues interest and reduces cash value and death benefits. If you do not repay a loan, the cash value and death benefits of your policy will be reduced. Excess loans can terminate a policy.

Annuities

An Annuity is a unique financial vehicle designed to help you accumulate money for your retirement and/or turn a lump-sum of money into a guaranteed stream of income payments. Deferred Annuities offer the advantage of tax-deferral and can be used to accumulate money for retirement. Income Annuities are used to generate a stream of income payments that is guaranteed to last for as long as you need it to – even for the rest of your life*. Some of the different types of Annuities are:

Fixed Interest Deferred Annuities

With a Fixed Interest Deferred Annuity, the interest rate on your policy is guaranteed never to fall below a certain amount (subject to the claims paying ability of the issuing company). For many people, this provides a measure of security about their investment.

Lifetime Income Annuities

An Income Annuity where income payments begin immediately - one period after the Annuity is purchased. It is designed to provide you with predictable income monthly, quarterly, semi-annually or annually, no matter how long you live, and regardless of how the financial markets perform.

Other Products

 

Employee Benefits

We assist clients in developing programs to meet the unique needs of senior management. We focus on cost effective compensation strategies that attract, retain and motivate top performers. These disciplines include: actuarial modeling, accounting, legal, life insurance design with multi-life pricing and management to ensure efficient funding and administrative support systems and services. By providing competitive benefits in your business, you can help assure your company’s productivity.

Disability Income

In those circumstances where our client's plan indicates a need or desire to address issues such as disability income insurance, we arrange access to a number of the world's premier insurance companies. The ability to generate income until retirement is your most important financial asset and is the hinge that all of your future plans are based on.

To learn more about our products and services, please feel free to give us a call or request a free consultation. We'll be happy to answer all your questions and make specific recommendations based on your input.

#Offered by NYLIFE Securities LLC (member FINRA/SIPC).
^Guarantees are backed by the claims paying ability of the issuer.
1New York Life fixed annuities are Issued by New York Life Insurance and Annuity Corporation (A Delaware Corporation)
2Products available through one or more carriers not affiliated with New York Life; dependent on carrier authorization and product availability in your state or locality.
*Loans accrue interest and both loans and partial surrenders will reduce cash value and death benefit if not paid back.