Life Insurance Quotes

New York Life to give $100,000 to Irene relief

09/13/11

The New York Life Insurance Company recently announced that it would donate $100,000 to the American Red Cross to aid the victims of Hurricane Irene, which swept up the East Coast in late August, causing significant damage in some areas.

"In the aftermath of the hurricane, New York Life is committed to helping the immediate needs of the communities in the coastal and New England areas that were affected," said Ted Mathan, chairman and CEO of New York Life. "Our employees and agents have already begun to donate to the relief efforts, and accordingly, the company will make an immediate $100,000 donation to the American Red Cross to support hurricane relief efforts."

In the wake of Hurricane Irene, officials in New York encouraged citizens who sustained damage or losses to file claims quickly, according to The Associated Press. Documenting any damage before making repairs of any kind - even temporary repairs like boarding up windows - is key to filing a successful insurance claim. Officials also noted that many insurance companies had deadlines for disaster related claims, so prompt filing is suggested.

Ultimately, Hurricane Irene killed more than 40 people. Having life insurance coverage, like having any form of appropriate insurance, is the best way to ensure the financial stability of your beneficiaries in the unfortunate event of an accidental death, like one resulting from a natural disaster.

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