Why Buy Life Insurance in Your Twenties?
Think of all the firsts you could experience in your twenties: your first job, your first house or apartment, maybe even starting a family. But you might not yet have thought about life insurance.
Your financial future isn’t just a 401(k), a Roth IRA, or stocks and bonds. Life insurance helps ensure your loved ones wouldn’t have to change their lifestyle if anything were to happen to you. Even if you’re still only taking care of yourself with no responsibility for someone else, this coverage should be a key component of your financial strategy.
Assessing the Need for Life Insurance
Individuals starting a career may want to consider Group Term Life Insurance through a professional association, such as AIChE-sponsored coverage. If you’re like many students, you have loans that need to be repaid. If you should die before the loans are repaid, that obligation could fall to your estate or family.
Group Term Life Insurance helps safeguard against that and many other financial burdens you might leave behind – credit card debt, medical bills, car payments, rent and funeral expenses, just to name a few.
Starting a career and being independent is the first step toward achieving financial stability. It’s up to you to protect what you’ve worked so hard to earn.
The Benefits of Beginning Early
Generally speaking, the younger you are and the better your health, the lower the price will be to insure you. As you age, your health status may change and put you at risk for being unable to obtain life insurance at a lower cost, or even at all.
Life insurance purchased today can also protect your future insurability. You may eventually have a family, debt, a mortgage and aging parents to look after. A Group Term Life Insurance policy could help assure your financial responsibilities are covered by acting as a hedge toward paying off your obligations.
The Perks of Coverage Through Your Association
Although you may have some life insurance through your employer, it might not be enough, and if you left your job, you’d lose that coverage altogether. AIChE-sponsored Group Term Life Insurance is portable, meaning if you move to another employer or decide to travel the world, you can take this coverage with you.
Best of all, life insurance through AIChE reflects the group-buying power of the association. You can use an online calculator to select a monthly payment that’s a good fit for you and immediately learn how much coverage you can get for that amount.
Buying life insurance now will put in place an important and secure financial building block for your future. Take charge of your financial stability today.
Easily apply for life insurance online, typically with no medical exam
To save you time and avoid inconvenience in helping safeguard what matters most, we’ve worked with New York Life Insurance Company to simplify your application process for up to $500,0001 of life insurance.
- 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 an approval 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-touch, no medical exam (just answer a few health questions) QuickDecisionSM is an online feature that allows New York Life to make an underwriting decision on coverage amounts up to $500,000 more quickly. QuickDecision is available to individuals age 64 and under. It is not offered in MT and VA. QuickDecision uses data sources to verify your health history, so there are no medical visits or lab tests needed to get your real-time decision. In some cases, we may need to contact you to ask additional questions, and in rare cases request a medical visit. If that happens, all visits are scheduled at your convenience and our expense. If you already have life insurance through the AIChE Member Insurance program, you can apply for up to $500,000 today, 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.
6615359.2
Additional Articles Below
Why Buy Life Insurance in Your Twenties?
Think of all the firsts you could experience in your twenties: your first job, your first house or apartment, maybe even starting a family. But you might not yet have thought about life insurance.
Your financial future isn’t just a 401(k), a Roth IRA, or stocks and bonds. Life insurance helps ensure your loved ones wouldn’t have to change their lifestyle if anything were to happen to you. Even if you’re still only taking care of yourself with no responsibility for someone else, this coverage should be a key component of your financial strategy.
Assessing the Need for Life Insurance
Individuals starting a career may want to consider Group Term Life Insurance through a professional association, such as AIChE-sponsored coverage. If you’re like many students, you have loans that need to be repaid. If you should die before the loans are repaid, that obligation could fall to your estate or family.
Group Term Life Insurance helps safeguard against that and many other financial burdens you might leave behind – credit card debt, medical bills, car payments, rent and funeral expenses, just to name a few.
Starting a career and being independent is the first step toward achieving financial stability. It’s up to you to protect what you’ve worked so hard to earn.
The Benefits of Beginning Early
Generally speaking, the younger you are and the better your health, the lower the price will be to insure you. As you age, your health status may change and put you at risk for being unable to obtain life insurance at a lower cost, or even at all.
Life insurance purchased today can also protect your future insurability. You may eventually have a family, debt, a mortgage and aging parents to look after. A Group Term Life Insurance policy could help assure your financial responsibilities are covered by acting as a hedge toward paying off your obligations.
The Perks of Coverage Through Your Association
Although you may have some life insurance through your employer, it might not be enough, and if you left your job, you’d lose that coverage altogether. AIChE-sponsored Group Term Life Insurance is portable, meaning if you move to another employer or decide to travel the world, you can take this coverage with you.
Best of all, life insurance through AIChE reflects the group-buying power of the association. You can use an online calculator to select a monthly payment that’s a good fit for you and immediately learn how much coverage you can get for that amount.
Buying life insurance now will put in place an important and secure financial building block for your future. Take charge of your financial stability today.
Easily apply for life insurance online, typically with no medical exam
To save you time and avoid inconvenience in helping safeguard what matters most, we’ve worked with New York Life Insurance Company to simplify your application process for up to $500,0001 of life insurance.
- 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 an approval 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-touch, no medical exam (just answer a few health questions) QuickDecisionSM is an online feature that allows New York Life to make an underwriting decision on coverage amounts up to $500,000 more quickly. QuickDecision is available to individuals age 64 and under. It is not offered in MT and VA. QuickDecision uses data sources to verify your health history, so there are no medical visits or lab tests needed to get your real-time decision. In some cases, we may need to contact you to ask additional questions, and in rare cases request a medical visit. If that happens, all visits are scheduled at your convenience and our expense. If you already have life insurance through the AIChE Member Insurance program, you can apply for up to $500,000 today, 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.
6615359.2
Additional Articles Below
Why Buy Life Insurance in Your Twenties?
Think of all the firsts you could experience in your twenties: your first job, your first house or apartment, maybe even starting a family. But you might not yet have thought about life insurance.
Your financial future isn’t just a 401(k), a Roth IRA, or stocks and bonds. Life insurance helps ensure your loved ones wouldn’t have to change their lifestyle if anything were to happen to you. Even if you’re still only taking care of yourself with no responsibility for someone else, this coverage should be a key component of your financial strategy.
Assessing the Need for Life Insurance
Individuals starting a career may want to consider Group Term Life Insurance through a professional association, such as AIChE-sponsored coverage. If you’re like many students, you have loans that need to be repaid. If you should die before the loans are repaid, that obligation could fall to your estate or family.
Group Term Life Insurance helps safeguard against that and many other financial burdens you might leave behind – credit card debt, medical bills, car payments, rent and funeral expenses, just to name a few.
Starting a career and being independent is the first step toward achieving financial stability. It’s up to you to protect what you’ve worked so hard to earn.
The Benefits of Beginning Early
Generally speaking, the younger you are and the better your health, the lower the price will be to insure you. As you age, your health status may change and put you at risk for being unable to obtain life insurance at a lower cost, or even at all.
Life insurance purchased today can also protect your future insurability. You may eventually have a family, debt, a mortgage and aging parents to look after. A Group Term Life Insurance policy could help assure your financial responsibilities are covered by acting as a hedge toward paying off your obligations.
The Perks of Coverage Through Your Association
Although you may have some life insurance through your employer, it might not be enough, and if you left your job, you’d lose that coverage altogether. AIChE-sponsored Group Term Life Insurance is portable, meaning if you move to another employer or decide to travel the world, you can take this coverage with you.
Best of all, life insurance through AIChE reflects the group-buying power of the association. You can use an online calculator to select a monthly payment that’s a good fit for you and immediately learn how much coverage you can get for that amount.
Buying life insurance now will put in place an important and secure financial building block for your future. Take charge of your financial stability today.
Easily apply for life insurance online, typically with no medical exam
To save you time and avoid inconvenience in helping safeguard what matters most, we’ve worked with New York Life Insurance Company to simplify your application process for up to $500,0001 of life insurance.
- 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 an approval 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-touch, no medical exam (just answer a few health questions) QuickDecisionSM is an online feature that allows New York Life to make an underwriting decision on coverage amounts up to $500,000 more quickly. QuickDecision is available to individuals age 64 and under. It is not offered in MT and VA. QuickDecision uses data sources to verify your health history, so there are no medical visits or lab tests needed to get your real-time decision. In some cases, we may need to contact you to ask additional questions, and in rare cases request a medical visit. If that happens, all visits are scheduled at your convenience and our expense. If you already have life insurance through the AIChE Member Insurance program, you can apply for up to $500,000 today, 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.
6615359.2
