Four Ways Life Insurance Helps Protect the People You Love
You might be surprised by how HPSO life insurance coverage from New York Life Insurance Company can provide for healthcare providers and their families.
Who are the people you love? Your children, parents, siblings, spouse or significant other—the people who make you smile, the ones who support you, the ones whose futures you want to be bright. These are the people life insurance was made for.
HPSO has worked with New York Life to create coverage that works hard for you and yours. You can’t put a price on love, but providing for the ones you care about most, when it’s needed most, can make all the difference.
Provide income for loved ones when they really need it. Life insurance can’t replace you, but it could replace some or all of your income if your family were to lose you. In the immediate term, it can cover the cost of funeral expenses, pay off debts and help defray day-to-day expenses like food, clothing and housing. Longer term, life insurance can help finance college tuition or even ensure your spouse or partner’s retirement dreams are realized. Life insurance is about enhancing the lives of your loved ones now and in the future.
Meet essential household needs. Think of all the work parents do at home to run a household and care for the family. It’s invaluable—and insuring all they do is, too. Life insurance can pay for vital household services like childcare, transportation and chores, to make the day-to-day lives of those you hold dear more secure in the event a provider is no longer around.
Gain benefits you can use during your lifetime. When life puts unforeseen challenges in your way, you need all the help you can get. Optional riders can help you customize the right type of coverage for you. And since HPSO life insurance coverage was designed with healthcare providers like you in mind, there are many features built in that may address your needs.
- Living benefits provide you with up to 60% of your life insurance benefit while you’re living if you suffer a qualifying chronic illness. You get money you can use when and as you wish to help defray costs resulting from a chronic illness or a permanent cognitive condition, while leaving the remaining benefit to your beneficiaries.
- Your ability to earn income as a healthcare provider is one of your most valuable assets. The Waiver of Premium rider lets you continue coverage without paying the premium if you become seriously ill or disabled and are unable to earn an income.
Leave a lasting legacy. Life insurance can create a financial legacy, funding the futures and fueling the dreams of the people you choose. From supporting a favorite nonprofit to starting a scholarship program, the legacy you leave behind is up to you. But you need adequate funds to make a real difference. Life insurance can provide the assets you need to improve the lives of others in your name.
Easily apply for life insurance online, often with no medical exam
To save you time and inconvenience in helping safeguard what matters most, HPSO has worked with New York Life Insurance Company to simplify your application process for up to $500,0001 of term life insurance.
- An online calculator lets you choose a monthly cost you’re comfortable with and instantly see how much coverage it can buy.
- Apply online in minutes – in most cases, healthcare providers and spouses under age 50 applying for $500,000 coverage or less will not require a medical exam, just answer a few health questions.
- You’ll have the option to lock in your cost at your current age for as long as 20 years.
(No need to provide an email address or phone number to see your cost.)
Underwritten by New York Life Insurance Company, 51 Madison Avenue, New York, NY 10010 on Group Policy Form GMR.
1 QuickDecisionSM is available on coverage amounts of $500,000 or less to healthcare providers under age 50 for Term Life Insurance, under age 60 for 10-year Level Term Life Insurance, and under age 55 for 20-year Level Term Life Insurance. There is a $500,000 lifetime limit for QuickDecisionSM for all life insurance policies combined. Coverage not eligible for QuickDecisionSM will go through normal underwriting, which may include a medical interview or exams at your convenience and our expense.
2 Including information on features, costs, eligibility, renewability, limitations and exclusions.
Four Ways Life Insurance Helps Protect the People You Love
You might be surprised by how HPSO life insurance coverage from New York Life Insurance Company can provide for healthcare providers and their families.
Who are the people you love? Your children, parents, siblings, spouse or significant other—the people who make you smile, the ones who support you, the ones whose futures you want to be bright. These are the people life insurance was made for.
HPSO has worked with New York Life to create coverage that works hard for you and yours. You can’t put a price on love, but providing for the ones you care about most, when it’s needed most, can make all the difference.
Provide income for loved ones when they really need it. Life insurance can’t replace you, but it could replace some or all of your income if your family were to lose you. In the immediate term, it can cover the cost of funeral expenses, pay off debts and help defray day-to-day expenses like food, clothing and housing. Longer term, life insurance can help finance college tuition or even ensure your spouse or partner’s retirement dreams are realized. Life insurance is about enhancing the lives of your loved ones now and in the future.
Meet essential household needs. Think of all the work parents do at home to run a household and care for the family. It’s invaluable—and insuring all they do is, too. Life insurance can pay for vital household services like childcare, transportation and chores, to make the day-to-day lives of those you hold dear more secure in the event a provider is no longer around.
Gain benefits you can use during your lifetime. When life puts unforeseen challenges in your way, you need all the help you can get. Optional riders can help you customize the right type of coverage for you. And since HPSO life insurance coverage was designed with healthcare providers like you in mind, there are many features built in that may address your needs.
- Living benefits provide you with up to 60% of your life insurance benefit while you’re living if you suffer a qualifying chronic illness. You get money you can use when and as you wish to help defray costs resulting from a chronic illness or a permanent cognitive condition, while leaving the remaining benefit to your beneficiaries.
- Your ability to earn income as a healthcare provider is one of your most valuable assets. The Waiver of Premium rider lets you continue coverage without paying the premium if you become seriously ill or disabled and are unable to earn an income.
Leave a lasting legacy. Life insurance can create a financial legacy, funding the futures and fueling the dreams of the people you choose. From supporting a favorite nonprofit to starting a scholarship program, the legacy you leave behind is up to you. But you need adequate funds to make a real difference. Life insurance can provide the assets you need to improve the lives of others in your name.
Easily apply for life insurance online, often with no medical exam
To save you time and inconvenience in helping safeguard what matters most, HPSO has worked with New York Life Insurance Company to simplify your application process for up to $500,0001 of term life insurance.
- An online calculator lets you choose a monthly cost you’re comfortable with and instantly see how much coverage it can buy.
- Apply online in minutes – in most cases, healthcare providers and spouses under age 50 applying for $500,000 coverage or less will not require a medical exam, just answer a few health questions.
- You’ll have the option to lock in your cost at your current age for as long as 20 years.
(No need to provide an email address or phone number to see your cost.)
Underwritten by New York Life Insurance Company, 51 Madison Avenue, New York, NY 10010 on Group Policy Form GMR.
1 QuickDecisionSM is available on coverage amounts of $500,000 or less to healthcare providers under age 50 for Term Life Insurance, under age 60 for 10-year Level Term Life Insurance, and under age 55 for 20-year Level Term Life Insurance. There is a $500,000 lifetime limit for QuickDecisionSM for all life insurance policies combined. Coverage not eligible for QuickDecisionSM will go through normal underwriting, which may include a medical interview or exams at your convenience and our expense.
2 Including information on features, costs, eligibility, renewability, limitations and exclusions.
