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LTCI carrier offers dividend

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For the third consecutive year – and at a time when industry sales are down – New York Life announced its LTCSelect Premier product will pay policyholders a dividend. NYL’s LTCI sales were up by 15 percent in 2006, compared to the industry’s 8 percent decline, according to LIMRA numbers. Calendar year 2006 also marked the second consecutive year of doubledigit sales growth for NYL. For more information, visit