LONG TERM LIFE INSURANCE
Shield Your Most Valuable Asset—Your Income!
Ensure financial stability with our Individual Disability Insurance, designed to protect your earnings in the event of an unexpected illness or injury. With this essential coverage, you can focus on recovery while we safeguard your income, giving you peace of mind during challenging times. Don’t leave your future to chance—secure your ability to earn today!
Consider Individual Disability Insurance if you’re looking for:
Protection for your income during your career and key working years
Coverage that can supplement an employer-sponsored disability plan
Access to financial professionals who can offer personalized guidance
It pays to have income protection
Portable
No matter if you're self-employed or work for someone else, your coverage is always with you. Transitioning to a new job? Rest easy knowing your protection travels with you.
Customizable
Recognizing that everyone has unique needs, our individual disability insurance from New York Life offers tailored coverage designed to suit your specific circumstances and requirements.
Reliable Safety Net
Above all, it serves as a trustworthy solution to replace a portion of your income, helping you maintain your standard of living. Enjoy peace of mind knowing you’ll have support when you need it most.
Secure Your Financial Future Today
Get a free consultation to explore the best life insurance and annuity options for you.
Selecting the Right Income Protection for You
With MyIncome Protector, you won’t have to compromise with a “one size fits all” solution. We provide three distinct packages—Core, Pro, and Max—each offering unique riders like the Catastrophic Disability Rider and Partial Disability Benefit Rider. You can choose to add riders to enhance your coverage according to your individual needs. Plus, you have the option to collaborate with your financial advisor to create a personalized package just for you.
Core Package
This package offers a fundamental definition of disability, delivering the most economical coverage with a benefit period of either 10 years or until age 65.
Pro Package
For those seeking enhanced financial security, this package includes "own occupation" coverage for the entire benefit period or up to age 67.
Max Package
For the highest level of protection, this package delivers comprehensive coverage with "true own occupation" benefits and a benefit period extending to age 70.
Custom Package
Work with your financial advisor to design a personalized plan that meets your specific needs and circumstances.
Customize your coverage today
Connect with a financial professional to build an individual disability insurance package that works best for you.
Why Consider Personal Disability Insurance?
Even if you’re currently healthy, it’s essential to safeguard your entire working career. You can never predict what may happen—whether it’s tomorrow or further down the line.
Disability Happens More Often Than You Think
It’s easy to assume that by being cautious, you can avoid a disabling event. However, the truth is that most accidents are unpredictable and can happen anywhere: at work, during travel, or even at home. Moreover, studies indicate that many disabilities stem from illnesses—such as cancer, heart attacks, or diabetes—not just injuries.
Maintain Your Lifestyle
More than one in four individuals who are currently 20 can anticipate being unable to work for at least a year due to a disabling condition before reaching the standard retirement age. This is why individual disability insurance is crucial for protection. It can offer financial security and peace of mind, ensuring that your lifestyle remains uninterrupted, regardless of your industry.
For Small Business Owners
Your small business is the realization of your big dream. Safeguard everything you've worked hard to achieve by protecting your income—and in turn, protecting your business.
For Dual-Income Families
Family means everything. With two incomes supporting your household, it’s essential to protect your earning power—for both you and your loved ones.
For Those Supplementing an Employer Plan
Even if you have disability coverage through your employer, it may not cover your full income. Fill that gap with private disability insurance to ensure complete protection.
Secure Coverage While You’re at Your Best
Qualifying for individual disability insurance depends on several factors, including your occupation and current health. That’s why it's smart to get coverage while you're in peak condition, ensuring you maximize your chances of securing this important protection.
Why InsureSolve?
Here When You Need Us Most
At InsureSolve, we stand by our commitments. With top-tier financial ratings from the major agencies, we ensure that when it comes to safeguarding what matters most—your lifestyle and your future—you’ll have reliable coverage when you need it.
Dividend-Eligible
InsureSolve’s MyIncome Protector is one of the few individual disability insurance plans that offers the potential for dividends to its policyholders.
Personalized Guidance
Our financial professionals are here to help meet your unique needs. More importantly, they offer personalized, one-on-one support with adaptable strategies that grow with you as your life evolves.
Your Interests Come First
As a mutual insurance company, InsureSolve is fully dedicated to serving you—not outside investors. We prioritize the long-term interests of our policyholders above all else.
FAQs
Here are some common questions about life insurance and their answers to help you.
What is life insurance?
Life insurance is a contract that provides financial protection to your beneficiaries after your death. It ensures that your loved ones are taken care of financially during difficult times. There are various types of life insurance policies available to meet different needs.
How does it work?
When you purchase a life insurance policy, you agree to pay regular premiums. In return, the insurer pays a specified amount to your beneficiaries upon your passing. The policy can also accumulate cash value over time, depending on the type.
Who needs life insurance?
Anyone who has dependents or financial obligations can benefit from life insurance. It is especially important for parents, homeowners, and those with significant debts. Life insurance provides peace of mind knowing your loved ones are protected.
What are the benefits?
Life insurance offers financial security for your family, covering expenses like mortgage payments, education, and daily living costs. It can also provide tax-free cash benefits to your beneficiaries. Additionally, some policies offer living benefits, allowing you to access funds while you're still alive.
How much coverage needed?
The amount of coverage you need depends on your financial situation and goals. A common rule of thumb is to have coverage equal to 10-15 times your annual income. Consider factors like debts, dependents, and future expenses when determining your needs.
Still have questions?
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Explore Our Comprehensive Guide to Life Insurance and Annuities
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