Product: New York Life Insurance Life Insurance Clear all filters (0 of 16 reviews match)
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Over 30 years I had a term policy with a lot of dividends in it and the agent convinced me to cancel the policy and take out a $50,000 whole life policy, using the dividends to purchase this policy and that I would NEVER have to pay on this policy again.. that was a...
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Anonymous
Jim

Term policies do not have dividends, you habe your information wrong.

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New York Life Insurance Life Insurance
I didn't like
  • Very poor customer service
  • Agents
  • Fallacious advice from a completely uninformed staff
#1215126
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ny life sent us a polcy 8 years ago my dad was never able read and right my mom trusted the agent, as we had the ogaial polcy i went throw it i found it was missing key pages to tell what kind polcy it was, so i ask them send us a copy the copy was missing pages, but i...
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New York Life Insurance Life Insurance
#1189332
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New York Life Insurance - Screwed by new York life

I just received a notice from new york life that the premium that i have been paying since 1992 will be going up $103,00 a month and they want a check for over $300.00 right away or my policy will lapse,. No warning no letters telling me this was going to happen. What a bunch of crooks no wonder tge CEO is stealing millions in compsenation from customers
1.0
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New York Life Insurance Life Insurance
#1081217
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I have tried since August to get answers about my 93 year old dads long term care policy.. i gave them all medical releases from his his rehab center, medicare home health care etc. They told they never received any records from anyone in the recent past.. i now have...
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Anonymous
Chi Lee

I have the exact problems. It took almost 5 months to finally receive reimbursement. The New York Life contracted out their Long Term Care to outside agents who deliberately d...

Anonymous
Nicholas H. Mook

I have the same problem with NY life Long Term Care. They aren't paying out. I phone them and they say they are back logged another month, or, they say it will be in the ban...

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New York Life Insurance Life Insurance
#983533
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I was lied to about the policy I signed up for with a friend that was an agent.I was told this "retirement" policy was better than a 401k. When I brought the paperwork into my bank after further review it was a life insurance policy and I would not be able to take...
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New York Life Insurance Life Insurance
#935042
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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
Product
New York Life Insurance Life Insurance
I didn't like
  • Betrayal
#907113
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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 my...
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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?

Product
New York Life Insurance Life Insurance
#903994
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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...

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New York Life Insurance Life Insurance
#844353
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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
Product
New York Life Insurance Life Insurance
I didn't like
  • Unethical
#815987
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I started a life insurance policy in 1976.In 1988 I was talked into dropping that policy and opening another that the dividends were supposed to pay the premiums after a certain point. For years they paid the premium however my insurance has now been dropped because...
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1.0
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New York Life Insurance Life Insurance
#787664
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