New York Life Insurance Company says it will pay a dividend for the fifth straight year to holders of its long term care insurance policies.
NOT FOR REPRINT
N.Y. Life Pays LTC Dividend
By
Staff Writer
April 21, 2009 at 08:00 PM
Share & Print
New York Life declared its first LTC policy dividends in 2005, to owners of its LTCSelect Premier product. Policyholders receive the dividend payment in the form of a reduction of their next premium payment after they reach their third policy anniversary.
*
CORRECTION: The headline for an earlier version of this article gave an incorrect description of what New York Life is paying.
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.
