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 When You Own a New York Life Policy
 
 
 

When you own a New York Life Insurance Company policy, you become part of a special company:
A company that includes a community of more than 4 million policyholders who reside in every large city and small town across America; a community of people who care about their families and businesses and have placed their trust in a company with a 160–year history of honoring every promise to its policyholders. Like the millions of policyholders before them, they know they have a relationship with a company that:

  • Is managed solely for the benefit of its policyholders.
  • Possesses unsurpassed financial strength1:
    • rated Aaa by Moody's
    • rated A++ by A.M. Best
    • rated AAA by Standard & Poor's
    • rated AAA by Fitch
  • 2006 was, by every measure, a year of record performance for New York Life. Total insurance sales grew nearly 28 percent over 2005, topping $2.85 billion. Total investment sales also set new company records, ending the year at $34.9 billion. For the first time in New York Life’s history, operating revenues exceeded $12 billion. Operating earnings were up 17 percent, to nearly $1.1 billion. And our surplus and asset valuation reserves – the funds that provide safety and security for our policyholders – grew by $1 billion, to $13.9 billion.
  • Helps its policyholders achieve financial security and reaches out to them in times of crisis.
  • Believes nothing is more important than protecting your family or business.
  • Is national in size, but local in its actions.
  • Has grown as America has grown and whose make up continues to reflect the country's changing demographics.
  • Believes all it policyholders deserve the opportunity to develop a relationship with one of its more than over 10,000 licensed agents to help them achieve financial security, through our life insurance, retirement income, investments, long–term care insurance, and other financial products.

When you own a New York Life policy you know the company is managed for your long-term benefit.
Founded in 1845, New York Life is a mutual company, which means the management team has one overriding objective: to serve the needs and priorities of the policyholders. Unlike a stock company, which must weigh the interests of policyowners against the short–term expectations of shareholders, New York Life's only interest is the financial well being of its policyholders. Today, New York Life is the largest mutual life insurance company in the United States.

Policyholders who purchase certain participating products, such as whole life, are entitled to vote in the board of directors' elections and share in any annual dividends 2 the company declares.

1 Source: Individual Third Party Rating Reports (as of 8/15/07)

2 Dividends are not guaranteed and past dividends are no indication of future dividends

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Consult an Agent
At no charge to you, a New York Life agent — professionally trained and experienced — can help you analyze your needs and recommend appropriate solutions through insurance and financial products and concepts. Click here to request a no obligation review with a New York Life agent.

This material is being provided for informational purposes only. Neither New York Life nor its agents provide legal, tax or accounting advice. Please contact your own advisors for legal, tax and accounting advice.

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The Mutual Advantage
When You Own a New York Life Policy
What the Rating Agencies Say
Financial Information
New York Life's Mutuality Print Campaign


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