Losing a loved one is a traumatic experience, not to mention the additional financial burden of a funeral. Having life insurance can provide financial support to your loved ones and address your funeral expenses.
Learn how life insurance can help protect your family after the unexpected.
The average cost of a funeral has increased. Expect to need $8,000 to $10,000 or more.*
There when you need us most.
Over 180 years strong; over $31.9B in surplus.+
Needs aligned with yours; we operate for the benefit of our policy owners, not for stockholders.
12,000 professionals across the country to help you get what you need.
A broad set of solutions for financial preparedness.
*December 2, 2021 – https://nfda.org/news/statistics
+Total surplus, which includes the (AVR), is one of the key indicators of the company’s long-term financial strength and stability and is presented on a consolidated basis of the company. NYLIC’s statutory surplus was $24.57 billion and $21.73 billion at December 31, 2021 and 2020, respectively. Included in NYLIC’s statutory surplus is NYLIAC’s statutory surplus totaling $9.73 billion and $9.45 billion at December 31, 2021 and 2020, respectively, and LINA’s statutory surplus of $1.67 billion and $2.06 billion at December 31, 2021 and 2020, respectively. AVR for NYLIC was $4.17 billion and $3.59 billion at December 31, 2021 and 2020, respectively. AVR for NYLIAC was $1.87 billion and $1.60 billion at December 31, 2021 and 2020, respectively. AVR for LINA was $0.08 billion and $0.07 billion at December 31, 2021 and 2020, respectively. At the time of printing this book, surplus and AVR at December 31, 2021, is preliminary and subject to final audit. Policy owners can view audited statutory financial statements by visiting our website, www.newyorklife.com.