Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Life Insurance

NY Life To Pay LTC Dividend

X
Your article was successfully shared with the contacts you provided.

New York Life Insurance Company has announced its LTCSelect Premier long term care insurance product will pay a dividend to policyholders for the fourth straight year.

The company also said its LTC insurance sales increased 14% in 2007 over the year before–the third straight year the company has seen double-digit increases in LTC sales, compared to a 3% increase in sales industry-wide.

LTCSelect Premier policyholders qualify for the dividend payment when they reach their third policy anniversary.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.