New York Life Insurance Company

New York Life is a full service insurance brokerage that offers Life Insurance, Annuities, Mutual Funds and Long Term Care Insurance products. The company began in 1845 as the Nautilus Insurance Company and officially became New York Life in 1849. With over 280 billion dollars in assets, New York Life Insurance Company is a stable leader in the insurance industry.

New York Life is a Mutual Insurance Company. This means that the shares or stock of the company is not publicly held. It is solely operated to benefit its members, the policy holder. With this in mind you can see why during the financial crisis that has overtaken much of this industry in the last year has not really affected New York Life. Standard and Poor’s as well as A&M Best have both given the company its highest rating of Superior, not many companies can claim that honor.

New York Life has a long history of being an industry leader dating back to the time it first opened its doors. It can proudly claim to be the first company to ever pay a dividend to a policy holder and the first company to offer women life insurance policies at the same cost as men. Susan B. Anthony, a famous women’s rights pioneer was a proud owner of a New York Life Insurance policy. Another first is the branch office. In 1892, New York Life, in an effort to provide excellent quality customer service, created branch offices so any policy holder had easy access to the company. This dedication to customer service and being industry leaders is still their business motto today. Policy holders can feel safe investing in this company and feel secure knowing they are protecting their family.


Headquarters
51 Madison Ave.
New York, NY 10010
United States



A.M. Best Rating:
Financial strength rating (FSR) of A++ (Superior)