A long-established name in the Life Insurance industry, New York Life has now added Long Term Care to its suite of Customer Care products. As the elderly population continues to expand, NY Life recognizes Medicare's decreasing ability to support every individual who needs long term care, and has built out their products to supplement. Policyholders benefit from the stability and protection of one of the largest names in Life Insurance, ensuring peace of mind and quality of care for years to come.
New York Life Long Term Care Products
New York Life's LTC products offer varying levels of benefits dependent upon each individual's desired coverage and policy needs. Their coverage solutions are built unique for every holder, such that you can specify the level of coverage you need, the time period you will want the support, and even the levels of treatment you may require. Choosing the right Long Term Care policy ensures you not only peace of mind, but a level of control over your future, with an assurance of choice.
NY Life policies will pay a preset amount of the insured individual's LTC costs once that patient has been certified by a medical professional as 'chronically ill'. Those benefits will continue to pay out until the end of the time period set on policy purchase, or for the full duration of care. Most, although not all, of their products will cover costs of a nursing home stay, in-home care, informal treatment, custodial care, home health aides or time spent in an adult day center.
Long-Term-Care.org is not affiliated with New York Life. We cannot offer quotes on long-term care from New York Life, nor can we ensure that you will be connected with an authorized New York Life broker. The above summary is intended only as an information resource, and does not suggest any license or authorization to sell New York Life products. For additional information on their products, please contact New York Life directly through their website, www.newyorklife.com.
Long-Term-Care.org is not a long term care insurance broker or carrier, and we cannot issue insurance policies. This site provides free information on insurance providers and coverage options. We are not associated with the company or companies profiled on this page, and we make no representation, express or implied, that you will receive a quote from the specific company profiled herein. Products and policies may not be available in all states, and product and policy information is subject to change without notice. Please direct all insurance questions to your insurance company or broker.
