May 6, 2020

NY POLICY HOLDER RIGHTS DUE TO COVID-19

We hope this message finds you and your loved ones doing well.

If you have a business in New York, the state’s insurance laws and regulations from the New York Department of Financial Services (NYDFS) require you to notify those policyholders about their rights during the COVID-19 pandemic. You must send the notice by email to policyholders whose email address you have on file and post it on your website and Social Media accounts by April 13 (or as soon as possible).

There’s a sample notice on the NYDFS website you can use. Keep a record of when and to whom you send it. Transamerica is required to send a similar notice to policyholders. We’ve attached a sample for your reference.

Thank you again for your dedication and resilience during these times. Together, we’ll weather this storm.

Click Here to learn more.

OUR INSURANCE PRODUCTS:

  • Term Life
  • Permanent Life
  • Universal Life
  • Whole Life
  • No Exam Life Insurance
  • Burial Policy
  • Return of Premium Term Life
  • Life Insurance Policy Riders
  • Long Term Care
  • Disability
  • Buy-Sell Agreement Funding
  • Key Person / Key Man Coverage
  • Second to Die or Survivorship insurance
  • Life Settlements
  • Annuities

Other Services

  • True One Stop Brokerage Service
  • Policy Audit Service
  • Multiple Carrier Quoting
  • In House Underwriter For Impaired Risk Assessment
  • Policy Audit

Contact us today to setup an appointment for a free Insurance Quote

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