Manage episode 271137107 series 2784936
Joseph A. Rivera, from New York Life, will join us today to talk about Life Insurance... Why do we need to have one? I don't have one, should I get it? Let's see...
Please send us your questions, we love hearing from you!
In this episode Joseph will talk to us a little about these two kinds of life insurance from New York Life:
Term Life Insurance
Protection for your short-term needs with a pathway for permanent coverage.
If you are looking for a simple entry into life insurance, this is the best way to go. Term life is exactly what it sounds like: protection for a set period. It is solid coverage and you can upgrade to a more permanent solution later if your life changes.
Whole Life Insurance
Lifetime protection that also builds cash value.
If you are looking for a policy that is guaranteed to grow and guaranteed to be there when you need it, this is it. Your policy builds cash value that you can access at any time for any reason*. And it is something to consider if you would like to add to your retirement savings as you go.
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