Disability insurance can provide financial protection against the risk of losing your paycheck or income because of a sickness or injury. The supplemental insurance benefits can be used to help pay monthly bills and other household expenses such as childcare.
Find an individual disability insurance solution that fits your needs
With one in four 20-year-olds likely to become disabled at some point before retirement*, it’s important to protect against the loss of income with a solution that helps maintain a family’s lifestyle and savings potential by providing funds to help pay ongoing household expenses.
There when you need us most.
Over 175 years strong; over $24.5B 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.
Broadest set of solutions for financial preparedness.
*Social Security Administration, Social Security Basic Facts, 2019
+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.