New York Life Life Insurance Ratings

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Customer Satisfaction Ratings

(130 reviews)

 
Product
 
Overall +
Claims
Processing +
Customer
Service +
Value
For Price +
LIFE
85.90
N/A
Additional Factors:
% of Customers Who Would
Recommend This Company to a Friend
77%
% of Customers
Who Plan to Renew
N/A
Financial
Strength
Ratings

A++    June 05, 2012


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Reason for buying from New York Life
Customers of New York Life originally decided to purchase from the company for these reasons:
15% Saw a commercial.
28% The insurer's reputation.
23% The insurer offered the best price.
17% The insurer was recommended by a friend.
7% Was the company their parents had.
9% Other reason.
Would you recommend this company?
  • already have
  • yes
  • not sure
  • probably not
  • no
  • 28%
  • 49%
  • 18%
  • 2%
  • 3%



More About New York Life

Founded in 1845, New York Life is the oldest mutual life insurance company in America. It is present in all 50 states and is headquartered in New York. In 2010, it sold more new individual life insurance policies than any other state, according to the company website.

New York Life sells several types of life insurance, including:

  • Whole life
  • Term life
  • Universal life
  • Variable universal life
  • Long-term care insurance

The company also offers several other products, including:

  • Retirement services. New York Life sells deferred variable annuities and fixed annuities, fixed immediate annuities and mutual funds.
  • Investments. New York Life offers a variety of investment products and services for both retail and institutional investors.
  • Insurance for businesses. New York Life offers corporate life insurance and bank-owned life insurance.

Consumers who visit the company website will find a variety of calculators and worksheets that can help them determine the appropriate level of coverage for their needs.

This section has been provided by New York Life.




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