New York Term and Universal Life Insurance

Life Insurance in New York State Resources

When you apply for a large amount of life insurance—typically considered a jumbo case—you will usually need to provide some personal financial information. A jumbo case is different from insurer to insurer. It can be as small as $1 million or may need to reach $5 million before being considered a jumbo case. In a process called underwriting, the insurance will review an applicant’s medical history, family history, smoking status, driving record, alcohol or drug use, hazardous sports or hobbies, foreign travel, and residency. These factors together determine actual premium costs for the New York Term and Universal Life Insurance policy.

New York Department of Insurance:   The state insurance department website includes consumer and licensee resources including a listing of all licensed life insurance agents and companies which make up the Life Insurance in New York industry.


Life Insurance Company Guaranty Corporation of New York –  The state life insurance guaranty association works to guarantee the safety of all Life Insurance in New York coverage, even in the face of an insolvency by a member life insurance company.

Life Insurance in New York Company Ratings – AM Best is the most prominent ratings company reviewing Life Insurance in New York Companies based on their ability to pay claims. At Life Insurance.Net we work only with A and A+ rated life insurance companies.

Here is a complete list of the State Departments of Insurance

Learn more about our wonderful state. Check out Netstate’s New York State Almanac
Our life insurance agents service all communities in New York including:

  • New York
  • Buffalo
  • Rochester
  • Yonkers
  • Syracuse
  • Albany

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