Say they personally need life insurance yet only 59% have coverage.
Say they haven’t bought life insurance because it’s too expensive, yet overestimate its true cost by more than 2x
7 in 10
Women think everyone should have life insurance, yet 43% have no coverage
Who needs it?
If someone will suffer financially when you die, chances are you need life insurance because it provides cash to your family after your death.
This cash, known as the death benefit, replaces your income and can help your family meet many important financial needs like funeral costs, daily living expenses and college funding. What’s more, there is no federal income tax on life insurance benefits.
Here are some common uses for life insurance that may apply to your situation:
Individual and Families:
Businesses and their owners:
Ready to Apply or need help?
New York Life (restrictions may apply)
Security Mutual Life of NY
United of Omaha United States Life of NY VOYA/ReliaStar Life Insurance VOYA/ReliaStar Life Insurance of NY VOYA/Security Life of Denver VOYA/USA Annuity & Life Insurance Co. Western National Life (formerly AIG Annuity) William Penn Insurance Co. of NY