Urgent Communication Required by New York State to Insurance Policy/Contract Holders

Dear Clients,

It has come to our attention that recent amendments to insurance and banking regulations have extended grace periods and given you other rights under your life insurance policy or annuity contract if you can demonstrate financial hardship as a result of the novel coronavirus (“COVID-19”) pandemic. These grace periods and rights are currently in effect but are temporary, though they may be extended further.

This applies to all insurance policies, not just policies purchased through us. 

We hope that you and your family are doing well and staying safe during this time.

Sincerely,

Lebenthal Financial Services, Inc.