Everything depends on your ability to earn an income. Your home. Your savings. Your family.
Should you become disabled and unable to return to work your ability to pay your mortgage, set aside funds for your children’s education and plan for retirement could be at risk.
Disability insurance is one of the most important and yet most overlooked coverages in many financial portfolios. You’ve worked hard and may have spent a great deal of money to get to where you are today. Disability insurance helps protect your investment by supplying you with a monthly income that could be used to pay your bills without being forced to liquidate assets or tap into your savings.
Even if you have long term disability coverage at work, you may not be that well protected. Often only a portion of your salary—sometimes as little as 30%—is covered and other sources of income, like investment income, may not be covered at all.
Use the link below to learn more about the AIChE Group Disability Insurance plan. With it you receive access to affordable group rates, along with several coverage options that allow you to design a disability program that fits your individual needs and budget.
Group Disability Income Insurance
Underwritten by New York Life Insurance Company
Provides you with an income when a covered injury or illness prevents you from working.
About New York Life Insurance Company
New York Life Insurance Company, founded in 1845 and a recognized leader in the group insurance field, is one of the largest and most respected life insurance companies in the nation. New York Life has received the highest possible ratings for financial strength currently awarded to any life insurer from all four major rating agencies: A.M. Best (A++), Fitch Ratings (AAA), Standard & Poor's (AA+), and Moody's Investors Service (Aaa).*
New York Life is licensed / authorized to transact business in all of the 50 United States, the District of Columbia, Puerto Rico and Canada. However, not all group plans it underwrites are available in all jurisdictions. Please check the applicable eligibility page for current availability.
*Source: Third Party Ratings Report as of 8/13/2014.
New York Life's state of domicile is New York, and NAIC ID # is 66915.