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The man I was caregiver to for 5 years had to go into assisted living months ago, on his NY Life policy, which paid for him to be there until just recently, when they told him they were cutting him off, and putting him out on the street at age 82. He has nowhere to go...
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Anonymous
Anonymous

Did you read the contract or take any time at all to understand the benefits being paid? Why has medicare not been contacted? I am completely disregarding your opinion because...

Anonymous
Anonymous

How manyou years was his long term care policy for? Did the company fulfill the maximum coverage that he purchased? Or did your friend fail to purchase enough coverage? It is...

1.0
I didn't like
  • Betrayal
#907113
Reply to reviews
Yes. Customers beware. I joined AARP LIFE INSURANCE PROGRAM. This was when they advertised about once accepted Your premium amouny would NEVER CHANGE. Ha..I reachrd mySILVER MEMBERSHIPwith them and received an invoice for higher premium which I could not afford after...
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Anonymous
Anonymous

Whole Life policies guarantee the premiums for the life of the policy. Did you have a Term or a Universal life policy?

#903994
Reply to reviews
Earlier this year (2016) I submitted a letter to New York life to cancel a policy and obtain the cash value. After not receiving the check or a reply for several weeks I submitted another letter to the manager. They replied saying it would take time for approval and...
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Anonymous
Anonymous

Did you not read the contract? The stipulations are clearly stated in the material of a Life policy or an Annuity. A Variable Annuity's success is reflected by the market and/...

#880570
Reply to reviews

Life Insurance Review

New York Life Insurance
#938980
Do not allow your parents to take out life insurance through them they are crooks.
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New York Life Insurance Review

New York Life Insurance
#904553
5.0
Details
I just want to knowif my husband and i get a divorvce and we have a life ins policy what happens
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Additional Fees
Billing Practices
Customer service
Discounts and Special Offers
Diversity of Products or Services
Exchange, Refund and Cancellation Policy
Insurance Plans Acceptance
Price Affordability
Product or Service Quality
Reliability
Staff
Value for money
Website
9 Days after my mom dies, NY Life Advisor with whom she got suckered in 32 years ago with a variable annuity at the young age of 38, called my dad and I into his office. He re-sells the variable annuity (commissioned based of course) to my Dad. (Over 3% in yearly fees...
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#869465
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I was working for this company about a year. I won all types of awards, went to convention and so. In 8 mths, I was qualified for their trip even I was isolated as a minor ethnic group( racist company). I was top of their office in South Florida brought 20 -27 apps...
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Anonymous
Anonymous

You sound like a crazy person. How do you expect anyone to take this seriously?

#864423
Reply to reviews
First of All, I have been with NYL for 14 years and cannot be more proud to be with a company that supports its agents. New York Life is not out there scamming any one. I have been blessed to have helped close to 2300 of my clients in all areas from insurance,...
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Anonymous
Anonymous

I absolutely agree with you. I am in the Atlanta GO and feel blessed to be able to do what we do, not to mention, to be able to do it through the strength of NYL!

Anonymous
Anonymous

wow..thanks..this really helped! I am considering working for them, but I just want to be sure. it is scary, but it also sounds rewarding.thank you.

5.0
I liked
  • Professional
  • Development and supportive
  • Challenge
I didn't like
  • Hiring wrong people due to company requirements
  • Hearing complaints from nonqualified hires
  • Selection process of hiring is not of quality at times
#859787
Reply to reviews
I PURCHASED A $50,000.00 POLICY OVER 10YRS. AGO. I CALLED TO SEE WHO MY PREMIUMS GO UP EVERY FEW YEARS. I ASKED WHY, THE ANSWER WASN'T SATISFACTORY, SO I ASKED IF I CANCELL3THE POLICY WOULD I BE REFUNDED THE FUNDS I PAID IN. THE ANSWER I WAS GIVEN WAS NO EAY. I...
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Anonymous
Anonymous

This is how life insurance works. What you're saying is like "I went to the acupuncturist and they stuck me with needles! Ugh!" It is dumb.

Anonymous
Anonymous

Yes. This sounds like you have a yearly convertible term policy. There is no cash value in term policies.

2.1
#852142
Reply to reviews
My husband purchased a $100,000 term life policy from New York life in the early 1970's. He put down money plus contracted for monthly premiums at $45.00 a month. He was told his monthly premiums would never go up. Well guess what...in 2015 the premium went up by...
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Anonymous
Anonymous

Obviously not a term life contract. Get your facts straight before posting derogatory comments.

Anonymous
Anonymous

You purchased a TERM insurance policy. Your contract tells you what the TERM of time is before the premium changes or the policy ends. Read your contract. It will be clearly s...

#844353
Reply to reviews
Crooks! Who, (with any concisence), would sell a vulnerable 88 year old woman a $100,000 annuity!!!!!!!! And then he came back the next day and talked her into buying another $150,000 annuity!!! Unconscionable, right????? Well, that is exactly what happened. ...
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Wac72
Wac72

It depends on the needs of the elderly lady. Was it for estate planning or for guaranteed income needs? There are several types of annuities for different types of goals and...

1.0
#830535
Reply to reviews
Have had a target life policy with New York life for 30 years and am now being told it will be no good in 2019. Because of low interest rates and the stock market. When I took out this policy I was led to believe it would be good until I died or age 95. What a farce, I...
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Anonymous
Anonymous

The same thing is happening to me. Can't even get straight answers from NY Life when I call.

Wac72
Anonymous

Target life is a Universal Life where the cost of insurance goes up as you get older. If you do not put enough premium into the policy at least to where the interest of the m...

1.7
I didn't like
  • Unethical
#815987
Reply to reviews