On April 4th, Genworth is introducing 2 new products in NY, The first is PCFlex 3, which many other states have had for awhile and a new Partnership policy NYP Enhanced.
The rates of Enhanced are about 100% higher than the present rates are at age 40 and the % of increase goes up at older ages.
In NY, for the Partnership we're left with only 2 carriers: Genworth & Mass Mutual. Mass Mutual only offers 2 of the 6 Partnership plans (2/2 & 4/4)
Interesting times ahead for the sustainability for the NYSP.............
Source of insurance-forums.net
The rates of Enhanced are about 100% higher than the present rates are at age 40 and the % of increase goes up at older ages.
In NY, for the Partnership we're left with only 2 carriers: Genworth & Mass Mutual. Mass Mutual only offers 2 of the 6 Partnership plans (2/2 & 4/4)
Interesting times ahead for the sustainability for the NYSP.............
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