CNA - Law Firm Website Woes: Educating and Disclaiming Prospective Clients
Top 5 NYSBA Insurance Program Articles In 2020

Getting there is one thing. Staying there is another.

Here’s how life insurance can protect your family’s standard of living.
Chances are you’re doing everything you can to make sure your loved ones enjoy the highest possible standard of living. But it isn’t easy. In fact, an analysis conducted by GOBankingRates found that living the American dream now costs the average family of four approximately $143,129 a year.1

The American Dream has a price tag: $143,129 a year. 1


So where would you place your family’s standard of living on the following diagram?

Do you have enough income and assets to lead a comfortable lifestyle? And if so, how hard do you have to work to maintain it?

LifeArticleImage1

LifeArticleImage2 Influences on Standard of Living
Since taxes, inflation, and a host of other factors routinely get in the way, it usually doesn’t take much to stop your momentum, or worse, get things rolling the opposite direction. What’s more, many of today’s families have to set aside a significant portion of their income to meet long-term goals like saving for retirement, caring for an aging relative, or paying for a child’s college education.

1“The True Cost of the American Dream in Every State,”GOBankingRates, September 27, 2019 https://www.gobankingrates.com/money/economy/true-cost-american-dream-every-state/
Tough Questions
Now imagine what would happen if something tragic unexpectedly took you—and the income you work so hard to provide—out of the equation. How long do you think it would take for your family’s lifestyle to decline if you suddenly passed away? And how long do you think it will be before your loved ones face some potentially troubling questions?
Image022 Image019 Image025 Image028
How long will our
savings last?
Will we be able to
attend the same
school?
How long can we
afford to stay in the
home we love?
Will we be able to
afford college when
the time comes?

Have the answers—and financial protection—your family needs.
If you want to make sure your family has all the resources they need to maintain their comfortable lifestyle, you may want to look into group term life insurance. Since group term life insurance is often the simplest type of coverage and has competitive rates, you may be able to give your loved ones more financial protection than you even thought possible. And because you are a member of the New York State Bar Association, there are plans available designed just for Attorneys.

Best of all, this coverage is backed by New York Life Insurance Company, a Fortune 100 company that has been keeping it's promises and honoring it's obligations since 1845, so you can be sure your coverage will be there when needed.

To find out more about group life insurance available through the New York State Bar Association, please visit nysbainsurance.com/dream or call 855-874-0140. SMRU1679849

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Comments are moderated, and will not appear until the author has approved them.

Your Information

(Name and email address are required. Email address will not be displayed with the comment.)