What is the maximum coverage amount available?

Asked 2 years ago
The maximum coverage amount available through New York Life Insurance can vary depending on several factors, including the type of policy being purchased, the underwriting guidelines, and the individual applicant's specific circumstances. Generally, New York Life offers a range of policies such as term life, whole life, and universal life insurance, each with different coverage limits. For individual policies, coverage amounts can be substantial, often reaching several million dollars. In many cases, approved applicants may be able to secure coverage in the range of ten million dollars or more, especially if they meet certain health and financial criteria. It is also important to keep in mind that underwriting practices may influence the amount of coverage a person qualifies for based on their health history and lifestyle. To explore specific options and limits that may apply to an individual situation, it would be advisable for potential policyholders to consult the current web page for more detailed information or to seek guidance from a licensed agent affiliated with New York Life Insurance Company.
Jeff Whelpley is the editor / author responsible for this content.
Answered Aug 15, 2025

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