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New York Life Awards 2011 Scholarships in Recognition of Life Insurance Awareness Month

September 16, 2011—As part of New York Life's efforts in support of Life Insurance Awareness Month (LIAM) in September, the Company awarded two scholarships to individuals who after the loss of the main breadwinner faced financial hardships because there was inadequate life insurance coverage in place.

Click here for more information about Alexandra Aufdenkamp, a scholarship winner from Lake Worth, FL

Click here for more information about Sarah J. Connor, a scholarship winner from Kingston, NY

About New York Life

New York Life Insurance Company, a Fortune 100 company founded in 1845, is the largest mutual life insurance company in the United States* and one of the largest life insurers in the world. New York Life has the highest possible financial strength ratings currently awarded to any life insurer from all four of the major credit rating agencies: A.M. Best (A++), Fitch (AAA), Moody’s Investors Service (Aaa), Standard & Poor’s (AA+).** Headquartered in New York City, New York Life's family of companies offers life insurance, retirement income, investments and long-term care insurance. New York Life Investments*** provides institutional asset management and retirement plan services. Other New York Life affiliates provide an array of securities products and services, as well as retail mutual funds. Please visit New York Life’s Web site at www.newyorklife.com for more information.

*Based on revenue as reported by “Fortune 500, Ranked within Industries, Insurance: Life, Health (Mutual),” Fortune magazine, May 5, 2011. See http://money.cnn.com/magazines/fortune/fortune500/2011/faq/ for methodology.

**Source: Individual Third Party Ratings Report as of 8/23/11.

***New York Life Investments is a service mark used by New York Life Investment Management Holdings LLC and its subsidiary, New York Life Investment Management LLC.