New York Term Life Insurance: Built For Strength

2008-10-29 12:03:41

( Insurance )



Term life insurance or term assurance is life insurance which provides coverage for a limited period of time, the relevant term. After that period, the insured can either drop the policy or pay annually increasing premiums to continue the coverage. If the insured dies during the term, the death benefit will be paid to the beneficiary. Term insurance is often the most inexpensive way to purchase a substantial death benefit on a coverage amount per premium dollar basis. Term life insurance is the original form of life insurance and is considered to be pure insurance protection because it builds no cash value.

There are a wide array of insurance companies to choose from that are offering term life insurance such as Term Life Insurance Canada, Select Quote Life Insurance and New York Term Life Insurance. But with the emergence of the subprime market collapse more than a year ago, the financial markets have been significantly turbulent. What sets New York Term Life Insurance apart from other insurance companies?

New York Term Life Insurance has been in the industry for more than 160 years and has kept promises to policyholders no matter what the situation is. It is the nation's oldest and largest mutual life insurance company and remains the premier provider of long-term insurance guarantees. In whatever economic situation, good or bad, three key factors set New York Term Life Insurance apart:

Mutual form of ownership that keeps New York Term Life Insurance aligned with policyholders.

Unquestionable financial strength which advocates the long-term promises they make.

Disciplined and conservative investment approach that makes the financial strength of New York Term Life Insurance possible.

Although term life insurance is perhaps the most basic form of life insurance, the New York Term Life Insurance lets you explore other term life insurance products such as increasing term life insurance, five-year term life insurance, term to age 90 life insurance and family protection insurance. In each of the products, you can count on New York Term Life Insurance to give you the protection you need by starting to ask for a life insurance rate quote from a New York Life agent in your area to discuss your options.


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