New York Life rate seems low?

[Winter_123]

Its been my experience that NYL has low premiums because they push their policies have 180-365 day elim periods with either 3% simple or no inflation rider.

Gee, 365 days is getting out there a bit, ya think?

Winter

 

[LTCiPro]

No way NYL is gonna be less expensive with that group of carriers without factoring in, projecting, non-guaranteed dividends. Sounds like you don't have all the details, yet, AU. You are missing something. You need to get a full-formal proposal from NYL in-hand. You can also use Stratecision software to compare apples-to-apples.

Good luck!

 

[bluemarlin08]

LTC is a policy you never buy just based on pricing. Get the prospect to get a sample policy then compare with a sample policy of Genworth, no comparison assuming they get a couple discount.

 

[atara]

My personal LTCi is from NYL and I love it. It includes inflation and Alzheimers (spell?) as well as any other cognitive impairment. I like the married couple riders as well. We are very satsfied that the future divedends will also lower our premiums down the road, although not increase the benefit.