Allstate Life Insurance Company of New York

Ratings Information
Rating Agency Rating Category Rating
A.M. Best Financial Strength A+
Standard & Poor's Financial Strength AA
Moody's Financial Strength Aa2
Fitch Financial Strength AA

Term Life Insurance Products Information:
Product Name Conversion Option Face Amounts Other Features
GT Gold Up to five times rider coverage available on each child’s age 22 birthday or at the base insured’s age 65, if sooner without evidence of insurability. Minimum:
$100,000
(10, 15, & 20 year)
$200,000 (30 year)
Maximum: $499,999
Accelerated Death Benefit Rider:
This rider provides for the payment of up to 50% of the death benefit in effect, or $250,000 if less, if the insured is diagnosed with a terminal illness. “Terminal Illness” means the insured has a medical condition that, not withstanding appropriate medical care, will result in death within 12 months. There is no additional cost to have this rider attached to a policy.
 
GT Platinum There is a conversion privilege available within this policy up to the earlier of: (a) the end of the initial premium guarantee period; or (b) the insured’s 70th birthday. The privilege allows the insured to convert this policy to any whole life or flexible adjustable life plan then sold by Allstate Life Insurance Company of New York that has a higher required premium (as of the date of conversion). Minimum Policy Size $500,000 Accelerated Death Benefit Rider:
This rider provides for the payment of up to 50% of the death benefit in effect, or $250,000 if less, if the insured is diagnosed with a terminal illness. “Terminal Illness” means the insured has a medical condition that, not withstanding appropriate medical care, will result in death within 12 months. There is no additional cost to have this rider attached to a policy.
 
       
       
       

State Approvals:

 

State Approved? State Approved? State Approved State Approved?
Alabama Term Life Insurance No Illinois Term Life Insurance No Montana Term Life Insurance No Rhode Island Term Life Insurance No
Alaska Term Life Insurance No Indiana Term Life Insurance No Nebraska Term Life Insurance No South Carolina Term Life Insurance No
Arizona Term Life Insurance No Iowa Term Life Insurance No Nevada Term Life Insurance No South Dakota Term Life Insurance No
Arkansas Term Life Insurance No Kansas Term Life Insurance No New Hampshire Term Life Insurance No Tennessee Term Life Insurance No
California Term Life Insurance No Kentucky Term Life Insurance No New Jersey Term Life Insurance No Texas Term Life Insurance No
Colorado Term Life Insurance No Louisiana Term Life Insurance No New Mexico Term Life Insurance No Utah Term Life Insurance No
Connecticut Term Life Insurance No Maine Term Life Insurance No New York Term Life Insurance YES Vermont Term Life Insurance No
Delaware Term Life Insurance No Maryland Term Life Insurance No North Carolina Term Life Insurance No Virginia Term Life Insurance No
Dist. of Columbia Term Life Insurance No Massachusetts Term Life Insurance No North Dakota Term Life Insurance No Washington Term Life Insurance No
Florida Term Life Insurance No Michigan Term Life Insurance No Ohio Term Life Insurance No West Virginia Term Life Insurance No
Georgia Term Life Insurance No Minnesota Term Life Insurance No Oklahoma Term Life Insurance No Wisconsin Term Life Insurance No
Hawaii Term Life Insurance No Mississippi Term Life Insurance No Oregon Term Life Insurance No Wyoming Term Life Insurance No
Idaho Term Life Insurance No Missouri Term Life Insurance No Pennsylvania Term Life Insurance No    



 

 

 

 

 

 





 

 

 

 

 

 

 







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Life Insurance Directory

Are you paying too much for life insurance?  Or perhaps worse... you don't have any?  If you have dependents or other people with whom you share your life, life insurance can play a vital and valuable role at virtually every stage of your life. 

 

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