Group Term Dealer & Manager Life Insurance
Up to $3 million in an annual renewable term
life coverage exclusively for NADA dealers
Underwritten by New York Life Insurance Company
NADA dealership owners and managers have easy access to valuable life insurance and accidental death and dismemberment (AD&D) protection at NADA-only rates. Get an instant rate quote and apply online in minutes.
Life Insurance for dealer owners and managers
Higher coverage amounts
Benefit amounts of up to $3 million can help meet the coverage your lifestyle and income demand.
Optional AD&D protection
Up to $300,000 in additional protection if you die as a result of an accident. You can also add up to $150,000 for your spouse.
Should you become terminally ill, you may use up to 50% of your death benefit for whatever you wish. Receipt of an accelerated death benefit may effect eligibility for Public Assistance Programs. Prior to applying for accelerated death benefits, you should consult with the appropriate Social Service agency and/or financial advisor or attorney.
Up to $1 million in coverage is available for your spouse and $10,000 for your children.
Renewable to age 75
Once insured, you can rest assured benefits can continue for years to come.
One of the strongest life insurers
New York Life has received the highest financial strength ratings currently awarded to any U.S. life insurer from all four major credit rating agencies*
Tysons, VA 22102
Insurance tailor-made for NADA members
Ready to get started?
Apply with confidence. NADA Insurance is underwritten by New York Life Insurance Company.
Or call us at 888.461.6232
* A.M. Best (A++), Fitch Rating (AAA), Standard & Poor’s (AA+) and Moody’s Investors Service (Aaa). (Ratings as of 10/18/2022)
New York Life Insurance Company
51 Madison Avenue
New York, NY 10010 on Policy Form GMR
Why the New York Life Insurance Company? Click here to learn more about New York Life.
NEW YORK LIFE and the NEW YORK LIFE Box Logo are trademarks of New York Life Insurance Company.
New York Life Insurance Company (NAIC 66915) is licensed to transact business in all 50 states including the District of Columbia and is domiciled in the state of New York at 51 Madison Avenue, New York, NY 10010
AR Insurance License # 2013365 • CA Insurance License # 0D86643