Life Insurance:
Protection against the death of an individual in the form of payment to a beneficiary-usually a family member, business, or institution. In exchange for a series of premium payments or a single premium payment, upon the death of an insured, the face value (and any additional coverage attached to a policy), minus outstanding policy loans and interest, is paid to the beneficiary. Living benefits may be available for the insured in the form of surrender values or income payments.
For more information, please call (800) 523-5516 / (914) 381-5511 or click here to contact us.
