New York Life Insurance Company | https://www.newyorklife.com
For nearly 175 years, people have worked with New York Life to protect their families and futures. We believe in the importance of human guidance and in trusted relationships built on being there when our customers need us most.
Our enduring financial strength gives you peace of mind.
At the heart of New York Life is a commitment to be there for our customers when they need us-whether today or decades into the future. We have delivered on that promise for nearly 175 years by investing wisely, growing a diversified mix of businesses, and remaining true to our mission as a mutual company, accountable only to our customers, not to outside investors. Today, no U.S. life insurer has a higher financial strength rating than New York Life.* For our customers, that means promises kept, and peace of mind for the millions of families and businesses who rely on us.
As a mutual company, we are accountable only to you.
That means we are fully aligned with our policy owners, not with outside investors or Wall Street. This allows us to focus on delivering lifelong value to our customers, including sharing our success with eligible policy owners through nonguaranteed dividends, which we've paid for 164 consecutive years.
Serving local communities, making a national impact.
The history of New York Life is about being there when we are needed, for our customers and for the thousands of communities where we work and live. Our agents and employees contributed over 136,500 hours of volunteer work and millions of dollars in donations in 2018 alone. The New York Life Foundation has contributed over $250 million since its founding in 1979, with a focus on helping children who have suffered the loss of a loved one, and on educational enhancement.
* Individual independent rating agency commentaries as of 7/30/2018.
These can provide an income stream immediately (within one year) after the contract is issued.
Deferred Income Annuities
The income stream is delayed for a certain period of time (more than one year) as specified in the contract.
Multi-Year Guaranteed Annuities
MYGA's are tax deferred, and typically purchased with a single premium.
Fixed Indexed Annuities
These are fixed annuities with a variable rate of interest added to your contract value if an underlying market index, (i.e. S&P 500), is positive.