New York Life: Protect your family for as little as $1.25 a day

Sample Rates

Married Couple
With Children

Male age 35, female age 32, both preferred risk class
2 children, ages 5 and 2
$250,000 coverage on each parent
$10,000 coverage on each child and any additional children born or legally adopted during the life of the policy

*Annual premium =
$458 or $1.25 a day

Married Couple
With No Children

Male age 28, female age 25, both select preferred risk class
$100,000 coverage on each
$250,000 coverage on each parent
Children born or legally adopted during the life of the policy will be covered for $10,000

*Annual premium =
$220 or $.60 a day

Why you should consider coverage for your whole family:

Family Protection Insurance is an innovative 10-year term insurance plan that covers your family using just one policy. It protects the lives of both parents and each dependent child (age 15 days to 17 years) - even children born or adopted after purchase of the policy.

Ensure your family is adequately protected. Both you and your spouse or domestic partner need life insurance, not just the primary breadwinner.
Family Protection Insurance is an affordable way to protect your entire family — the one you have now, and the one you will have in the future.
Family Protection Insurance is a smart and cost-effective way to lock in the insurability of your children. (Remember: Children are included in the policy at no additional cost.)
As your life insurance needs grow over time, so, too, can your coverage.
When you're ready to move on to permanent life insurance coverage, you can convert your policy to one of our many permanent life insurance policies.**

*Premium is based on our most favorable rate class. Other rate classes are also available. Premiums are guaranteed to remain level for the first 10 policy years. After year 10, premiums will increase annually.

**Up to the 10th policy anniversary or the policy anniversary at the insured's age 55, whichever is later.