Globe Life Insurance Company of New York Products
Globe Life Insurance Company of New York provides Medicare Supplement insurance to individuals and groups in the Senior Market, as well as persons under the age 65 who are eligible for Medicare due to disability or End Stage Renal Disease.
Our products for individuals can be purchased through state-licensed insurance agents who contract to sell our products. Find a local agent who represents Globe Life Insurance Company of New York products.
Do I need a Medicare Supplement insurance policy?
Medicare does not cover all expenses. A Medicare Supplement insurance policy (also called Medigap) is designed to help pay for some of the deductibles, coinsurance, and copayments not covered by Original Medicare (Part A and B). Medicare Supplement insurance policies are standardized by the federal government, which means all policies from private insurers are the same. However, while private insurers can decide which plans to offer, they are also required to offer certain plans, including Plan A. Find out which Medicare Supplement plans are offered by Globe Life Insurance Company of New York to determine the right plan for you.
What are the advantages of a Group Medicare Supplement plan?
One of the most common challenges faced by employers and unions today is how to provide cost effective healthcare to retired employees and spouses. Our Group Medicare Supplement Plan approach is an attractive alternative health insurance option for employer and union groups with post-retirement medical liabilities.
Why is life insurance important?
Almost half (44%) of those surveyed [within the United States] said that they would feel a financial impact within six months if the primary wage earner were to pass away. More than a quarter (28%) would feel it within one month.* Find out how Globe Life Insurance Company of New York’s life insurance options can help protect your family.
The purpose of this communication is the solicitation of insurance. Globe Life Insurance Company of New York is not connected with, endorsed by, or sponsored by the U.S. government, federal Medicare program, Social Security Administration, or the Department of Health and Human Services. Medicare Supplement insurance policy forms GNYMSA10, GNYMSB10, GNYMSC10, GNYMSD10, GNYMSF10, GNYMSHDF10, GNYMSG10, GNYMSHDG, GNYMSK06, GNYMSL06, and GNYMSN10 are available from our Company. Some states require these plans be available to persons under age 65 eligible for Medicare due to disability or End Stage Renal disease (ESRD). You may be contacted by an agent representing Globe Life Insurance Company of New York. A licensed agent will provide additional information upon request. These policies meet the minimum standards for MEDICARE SUPPLEMENT INSURANCE as defined by the New York State Insurance Department. The expected benefit ratio for this policy is 65%. This ratio is the portion of future premiums, which the Company expects to return as benefits, when averaged over all people with this policy. IMPORTANT NOTICE – A CONSUMER’S GUIDE TO HEALTH INSURANCE FOR PEOPLE ELIGIBLE FOR MEDICARE MAY BE OBTAINED FROM YOUR LOCAL SOCIAL SECURITY OFFICE OR FROM THIS INSURER.
*LIMRA, Is Life Insurance Tomorrow’s Problem? Insurance Barometer Study , 2020