Every asset has a role to play in your financial picture. Whole Life insurance offers protection, guaranteed cash value growth, flexibility, and tax advantages in one product.
Learn how a Whole Life policy goes beyond the protection of a death benefit to provide stability and growth to your portfolio.
Whole Life provides lifelong coverage to support your loved ones with a death benefit after you’ve passed.1
Whole Life offers contractually guaranteed cash value growth, regardless of market performance.2
If dividends are declared, policy holders may receive dividend payments in a number of different ways including putting them back in the policy to create additional value.3
As your protection needs change, Whole Life helps finance life’s needs with tax-advantaged access to your policy’s cash value.4
Every financial strategy is personal. Understanding your goals and how a Whole Life policy can support and strengthen your financial portfolio starts with a conversation. Please provide your contact information and I’ll reach out shortly.
1 Death benefit contingent on timely payment of premiums.
2 Guarantees are based on the claims-paying ability of the issuer.
3 Dividends not guaranteed.
4 The life insurance policy must be mature enough to allow for the cash value distributions to occur, and accessing cash value will reduce the available cash surrender and death benefit. Certain tax advantages are no longer applicable to a life insurance policy if too much money is put into the policy during its first seven years, or during the seven-year period after a “material change” to the policy. Policy loans accrue interest.
Important Information
In most jurisdictions, the policy form number for the New York Life Whole Life is ICC18217-50P (4/18). State variations may apply.