New York Life Insurance

New York Life provides term, whole, universal and variable life insurance plans along with a wide variety of other insurance and investment products.

One of New York Life's unique features is that it is "a mutual insurance company," meaning that it shares ownership with its policyholders rather than public stockholders. As a result of this organizational structure, New York Life is able to manage its investments for the long-term, versus a stock company, which is managed quarter-to-quarter. And because policyholders are also shareholders, they receive an extra benefit when the company is profitable. For almost every year in the company's 160- year history, they've paid a dividend to policyholders, totaling over 27 billion dollars.

New York Life credits its financial strength to conservative and diversified investment management, diligent expense control, and a strong surplus and surplus-to-assets ratio that significantly exceeds industry averages. In addition, New York Life prides itself on employees who are considered to be the best trained in the industry and on being a good corporate citizen in times of national need.

New York Life Insurance History

New York Life Insurance Company has been providing strong financial strength and investment strategies consistently for their clients since 1845. New York Life continues to enhance the types of products available, accommodating the changing needs and lifestyles of their customers. New York Life markets itself as an innovative company whose history of "firsts" include being the first to insure women at the same rates as men and the first to insure people with physical disabilities or hazardous occupations.

New York Life Insurance Ratings

With approximately 169 billion dollars in consolidated assets, the four top rating companies rated New York Life with the highest ratings that can be achieved for financial strength.

Contacting New York Life Insurance