New York Life Insurance Customer Service Number

Average: 0 (0 votes)
New York Life Insurance

All you want to know about New York Life Insurance Company


New York Life or New York Life Insurance Company is a United States-based mutual life insurance company. It is known for being the third-largest company in the country providing life insurance, long-term care, annuities and asset management services.

Ted Mathas is serving as the CEO of the company with around 11,320 employees. In 2017, its operating income accounts to US$2.058 billion having US$585.919 billion assets under management.

In 2018, the company got ranked at 69th position on the Fortune 500 list among the top corporations in revenue count in the United States.

New York Life came in 1845


With the introduction of life insurance charter in the United States, the New York Life Insurance Company originated as Nautilus Mutual Life in 1841. In 1845, it was rebranded into New York Life Insurance Company getting its first president James De Peyster Ogden.

They focused on doing business in life insurance policies with the addition of fire and marine insurance. They also went for insuring the
 
 
lives of slaves from 1846-1848.
With time the insurance market showed profit and they put investments in hiring agents to help them find new businesses.

Their policies also set back an example of providing equal rights to men and women by offering life insurance to women at the same cost as men in 1894.

They next came up with insurance policies for disabled and for those who perform in a hazardous occupation. It was in nineteenth-century; the company invested in real estate business and began to sell mutual funds and annuities.

The company remained stable during the financial crisis of 2007-2008 by making their investments in treasury bonds.

They acquired Dexia Asset Management in 2013 thus becoming the largest asset managers heading their expansion in Australia, Asia, Europe, and the United States. Now the company is working as a mutual company with headquartered in New York City, United States.

What do they offer as products?



New York Life is in the market to get you life long protection through their products. They have whole life insurance product range including; term life insurance, universal life insurance, variable universal life insurance, annuities, and long-term care insurance.

They let insurers get the maximum profit by building cash value over time through their policies. In the asset management business, they have established investment boutiques like; Candriam Investors Group, Ausbil, GoldPoint Partners, Credit Value Partners, MacKay Shields, IndexIQ, Madison Capital Funding, and Private Advisors.

Through these boutiques, they manage out the money in market dealing both with retail and institutional clients. They also get us estate and retirement planning serving customers worldwide.

What their ratings in the market say about them?



New York Life is considered to be the third-largest life insurance company in the United States. Aside they have also topped the ratings given by Moody's, AM Best, Standard & Poors and Fitch in 2007.

Ten years later, they got on the Forbes list for being one of America's Best Large Employers.

This was also the year they got on Fortune list for being the Most Admired Company in the life insurance industry group. In 2018, they got positioned on 69th number among the top Fortune 500 companies.

Why should we opt for them?


New York Life is number one based on the financial strength and has paid $10.6 billion in benefits and dividends to its customers in the year 2017. They even have over $24 billion a surplus strength to support their customers in every situation.

They are serving local communities by contributing over 136,500 hours for volunteer work and going for million-dollar donations in 2018 alone.

Not only this, their $300 billion in assets under management offers investment solutions for pensions, endowments, advisors, and individuals.


What's latest onboard?



New York Life is approaching to its 175th anniversary and they are planning to celebrate it by making a debut of New Float for the 93rd Annual Macy's Thanksgiving Day Parade.


References


https://en.m.wikipedia.org/wiki/New_York_Life_Insurance_Company

https://www.newyorklife.com

Conatct detail of New York Life Insurance

 
 
  • Address

    51 Madison Avenue New York, NY 10010, United States

  • Contact Number

    +1 212-576-7000, +1 800-995-7445

  • Website

    www.newyorklife.com

Identify this call type

Click on the type of call you are receiving to help identify the caller.

0% Automated

0 reported this number as automated

0% Collection

0 reported this number as collection

0% Legitimate

0 reported this number as legitimate

 

0% Marketing

0 reported this number as marketing

0% Scam

0 reported this number as scam

0% Other

0 reported this number as other

 
 
Browse
Browse
  • You can add your reviews or experience with the listed company and its customer care support service.
  • Website support english language, So please write in english only.
  • Please do not post any financial private data publically like your bank account details, credit card numbers or mobile numbers here.
  • Please do not use or post any abusive/porn language in the website.
  • This website is moderated, inappropriate and off topic comments are removed.
 
 

Recently Discussed Reviews