What types of life insurance does New York Life offer?

New York Life Insurance Company offers a wide range of life insurance options to meet various needs and budgets. These include term life insurance, providing coverage for a specified period at a fixed premium, with options for conversion to permanent coverage. There's also whole life insurance, offering lifelong protection with a cash value component that grows over time. Additionally, New York Life provides universal life insurance, combining permanent coverage with flexibility in premium payments and death benefit options. They offer variable universal life insurance, allowing policyholders to allocate their premiums into various investment options. Furthermore, New York Life offers survivorship life insurance, covering two individuals and paying the death benefit upon the second person's passing. With these diverse offerings, New York Life ensures that individuals can find a suitable life insurance plan tailored to their specific circumstances.