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Life Health > Life Insurance

LTCI dividend paid again

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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.