Tag: New York Life insurance
Don’t Let These 5 Misconceptions Keep You From Making a Will
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Have you put off making a will? If so, you’re not alone. According to a 2020 survey conducted by Caring.com, only 33% of American adults have estate planning documents, like wills and living trusts, in place. While preparing a will may not be the most pleasant way to spend an afternoon, it could…
Workplace Insurance is a Welcome Benefit, but It May Not Be Adequate For You & Your Family
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If your workplace offers life insurance at a low cost (or no cost) to you, you may assume it provides sufficient coverage for your family—and not bother to give the subject a second thought. According to the 2021 Insurance Barometer study, 57% of U.S. workers rely on their workplace for life insurance.(1) But you owe…
5 reasons young families need life insurance now
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Here are five reasons why young families need life insurance: 1. You just never know. While it’s not the most pleasant thing to ponder, an emergency situation could quickly put your family’s finances under water. In fact, only 44 percent of Americans have enough savings to cover an unexpected $1,000 expense.(1) And when you’re starting…
Why you need life insurance — even with no dependents
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You may think you don’t need to worry about life insurance until, or if, you have children. After all, there’s no one who relies on you to feed, clothe, and educate them. Remaining uninsured, however, could prove to be a big financial mistake, even without dependents. Here’s why. Life insurance can shield your surviving loved ones…
