Four Ways Life Insurance Helps Protect the People You Love
You might be surprised by how AIChE life insurance coverage from New York Life Insurance Company can provide for chemical engineers 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.
AIChE 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, makes 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 as a chemical engineer 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 AIChE life insurance coverage was designed with chemical engineers like you in mind, there are many features built in that may address your needs.
- The Chronic Illness Rider provides you with up to 50% 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.
- ability to earn income as a chemical engineer 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.
- The Automatic Benefit Increase feature increases your coverage each year to keep pace with your anticipated changes in income and needs, as well as inflation. Your premium costs adjust accordingly, but you won’t need to undergo additional medical underwriting on the new coverage amount.
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, typically with no medical exam
To save you time and avoid inconvenience in helping safeguard what matters most, AIChE members can now easily apply for up to $750,000 ($500,000 for ages 50-64)1 of Group Term Life Insurance from New York Life Insurance Company.
- An online calculator lets you choose a monthly cost you’re comfortable with and instantly see how much coverage it can buy. The rates used to calculate your cost include 30% savings in the form of a premium credit available to you as an AIChE member.2
- The application for coverage is also available online, with no medical exam required in most cases, and a decision usually within minutes.
(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 No medical exam QuickDecisionSM is an online feature that allows New York Life to make an underwriting decision on coverage amounts up to $750,000 more quickly. QuickDecision is available to individuals age 50 and under on coverage up to $750,000 and to individuals age 50-64 on coverage up to $500,000. It is not offered in MT and VA. If you already have life insurance through the AIChE Member Insurance program, you can apply for additional coverage through QuickDecision provided this amount, when combined with the inforce coverage, does not exceed the $1,000,000 group term life policy maximum or the $2,000,000 all policy maximum.
2 AIChE Term Life Insurance currently includes a 30% premium credit. Although future credits are dependent upon actual claims experience and cannot be promised or guaranteed, the Program has been granting premium credits for years.
3 Including information on features, costs, eligibility, renewability, limitations and exclusions.
7808911.1
Additional Articles Below
Four Ways Life Insurance Helps Protect the People You Love
You might be surprised by how AIChE life insurance coverage from New York Life Insurance Company can provide for chemical engineers 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.
AIChE 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, makes 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 as a chemical engineer 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 AIChE life insurance coverage was designed with chemical engineers like you in mind, there are many features built in that may address your needs.
- The Chronic Illness Rider provides you with up to 50% 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.
- ability to earn income as a chemical engineer 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.
- The Automatic Benefit Increase feature increases your coverage each year to keep pace with your anticipated changes in income and needs, as well as inflation. Your premium costs adjust accordingly, but you won’t need to undergo additional medical underwriting on the new coverage amount.
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, typically with no medical exam
To save you time and avoid inconvenience in helping safeguard what matters most, AIChE members can now easily apply for up to $750,000 ($500,000 for ages 50-64)1 of Group Term Life Insurance from New York Life Insurance Company.
- An online calculator lets you choose a monthly cost you’re comfortable with and instantly see how much coverage it can buy. The rates used to calculate your cost include 30% savings in the form of a premium credit available to you as an AIChE member.2
- The application for coverage is also available online, with no medical exam required in most cases, and a decision usually within minutes.
(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 No medical exam QuickDecisionSM is an online feature that allows New York Life to make an underwriting decision on coverage amounts up to $750,000 more quickly. QuickDecision is available to individuals age 50 and under on coverage up to $750,000 and to individuals age 50-64 on coverage up to $500,000. It is not offered in MT and VA. If you already have life insurance through the AIChE Member Insurance program, you can apply for additional coverage through QuickDecision provided this amount, when combined with the inforce coverage, does not exceed the $1,000,000 group term life policy maximum or the $2,000,000 all policy maximum.
2 AIChE Term Life Insurance currently includes a 30% premium credit. Although future credits are dependent upon actual claims experience and cannot be promised or guaranteed, the Program has been granting premium credits for years.
3 Including information on features, costs, eligibility, renewability, limitations and exclusions.
7808911.1
Additional Articles Below
Four Ways Life Insurance Helps Protect the People You Love
You might be surprised by how AIChE life insurance coverage from New York Life Insurance Company can provide for chemical engineers 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.
AIChE 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, makes 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 as a chemical engineer 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 AIChE life insurance coverage was designed with chemical engineers like you in mind, there are many features built in that may address your needs.
- The Chronic Illness Rider provides you with up to 50% 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.
- ability to earn income as a chemical engineer 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.
- The Automatic Benefit Increase feature increases your coverage each year to keep pace with your anticipated changes in income and needs, as well as inflation. Your premium costs adjust accordingly, but you won’t need to undergo additional medical underwriting on the new coverage amount.
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, typically with no medical exam
To save you time and avoid inconvenience in helping safeguard what matters most, AIChE members can now easily apply for up to $750,000 ($500,000 for ages 50-64)1 of Group Term Life Insurance from New York Life Insurance Company.
- An online calculator lets you choose a monthly cost you’re comfortable with and instantly see how much coverage it can buy. The rates used to calculate your cost include 30% savings in the form of a premium credit available to you as an AIChE member.2
- The application for coverage is also available online, with no medical exam required in most cases, and a decision usually within minutes.
(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 No medical exam QuickDecisionSM is an online feature that allows New York Life to make an underwriting decision on coverage amounts up to $750,000 more quickly. QuickDecision is available to individuals age 50 and under on coverage up to $750,000 and to individuals age 50-64 on coverage up to $500,000. It is not offered in MT and VA. If you already have life insurance through the AIChE Member Insurance program, you can apply for additional coverage through QuickDecision provided this amount, when combined with the inforce coverage, does not exceed the $1,000,000 group term life policy maximum or the $2,000,000 all policy maximum.
2 AIChE Term Life Insurance currently includes a 30% premium credit. Although future credits are dependent upon actual claims experience and cannot be promised or guaranteed, the Program has been granting premium credits for years.
3 Including information on features, costs, eligibility, renewability, limitations and exclusions.
7808911.1
