See how these policies can fit your needs
Fidelity makes available a long term care solution from Massachusetts Mutual Life Insurance Company (MassMutual).
For more information on what is available in your state, please call 866-489-0963 to speak with a Fidelity financial professional.
New York Life Asset Flex combines long-term care (LTC) and universal life insurance benefits into one policy. The coverage provides a pool of long-term care insurance benefits, and a death benefit. If you never need long-term care, the policy will pay a death benefit to your beneficiaries, or you can cancel the policy at any time and receive your premiums back.1
| New York Life Asset Flex2 | |
|---|---|
|
Type of life insurance |
Universal life insurance |
|
Minimum premium (may vary) |
$10,0003 |
|
Payment options |
Pay once, or over a period of time (pay up to age 65 or over a fixed 5, 10, or 15 year period)4 |
|
Age of availability |
30–75 |
|
Long-term care coverage |
2–7 years; you choose |
|
Additional features and benefits available |
|
|
The purpose of this material is the solicitation of insurance and an agent may contact you.
The products and/or certain features may not be available in all states. 1. This is dependent on Return of Premium Option selected and only eligible once all premiums have been paid. 2. The purpose of this material is solicitation of insurance. An insurance agent may contact you. Policy forms [AF-SP & AF-SLTC, AF-SP-NY & AF-MP-NY, AF-MP & AF-MLTC], and any state-specific, are issued by New York Life insurance and Annuity Corporation, Newark, DE, a wholly owned subsidiary of New York Life Insurance Company. Premiums also vary by issue age, gender and underwriting risk class. Policy issue is subject to underwriting. A medical exam may be required. The policies have exclusions and limitations. For cost and complete details of the coverage, contact your agent or the company. 3. Greater of $10,000 or premium required to buy minimum face amount of $24,000 for 2 Year LTC Acceleration duration or $36,000 3 Year LTC Acceleration duration. In WI, greater of $10,000 or premium required to buy minimum face amount of $43,200 for 2 Year LTC Acceleration duration or $64,800 3 Year LTC Acceleration duration. In VT, greater of $10,000 or premium required to buy minimum face amount of $54,000 for 2 Year LTC Acceleration duration or $81,000 3 Year LTC Acceleration duration. 4. Pay-to-65 available for issue ages 30-59; 5-pay available for issue ages 30-75; 10-pay available for issue ages 30-70; and 15-pay available for issue ages 30-65. 5. Family member, other than immediate spouse, gets paid 50% of the monthly benefit up to a certain max limit, when taking care of the insured. Informal care not available in NY. Inflation protections option can vary by state. New York Life Asset Flex is issued by New York Life Insurance and Annuity Corporation, a wholly owned subsidiary of New York Life Insurance Company, which is not affiliated with any Fidelity Investments company. This product is distributed by Fidelity Insurance Agency, Inc. A contract's financial guarantees are solely the responsibility of and are subject to the claims-paying ability of the issuing insurance company. LTC9635741 |
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