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

LTCI dividend paid again

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

While some companies are finding it difficult to stay in the long term care insurance market, one company has managed to find a way to pay its fourth consecutive dividend. New York Life Insurance Co. announced that its LTCSelect Premier product will pay policyholders a dividend this year, owing to a 14 percent sales increase in 2007. Industry-wide, sales rose by just 3 percent.