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New York Life Life Insurance Ratings

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New York Life
A++
   Effective Date: June 10, 2016

New York Life is one of the top 10 largest life insurers in the United States, according to LIMRA. Among New York Life customers we surveyed, 31 percent say they chose the company because of its reputation and 30 percent chose it based on price.

100

Customer Satisfaction Ratings

(152 reviews)

 
Product
 
Overall
Claims
Processing
Customer
Service
Value
For Price
LIFE
87.6
N/A
% Who Would
Recommend to
a Friend
81%
% Who Plan
to Renew
N/A
Financial
Strength
Ratings

A++    June 10, 2016


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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:
31%The insurer's reputation.
30%The insurer offered the best price.
16%The insurer was recommended by a friend.
11%Was the company their parents had.
8%Saw a commercial.
4%Other reason.
0%Had other insurance with this company.
Would you recommend this company?
  • already have
  • yes
  • not sure
  • probably not
  • no
  • 30%
  • 51%
  • 17%
  • 2%
  • 0%



About New York Life

New York Life Insurance scored 4.5 in customer service and 4 stars for pricing in our best life insurance companies survey. New York Life is one of the top 10 largest life insurers in the United States, according to LIMRA. Just over a third of surveyed customers, said they chose New York Life due to its reputation and another 30 percent chose the company due to its good rates. A majority of surveyed customers, 81 percent, would recommend New York Life to a friend.

 

170 years of financial experience and strength

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. The company boasts numerous awards such as Fortune Magazine’s List of World’s Most Admired Companies and over twenty years on the Fortune 500 list. The company also offers several other products, including retirement services, investments, and insurance for businesses.

 

Life insurance policies offered

Term life

Whole life

Universal life

Variable Universal life

Long-term care insurance

 

Contact information

Corporate headquarters

New York Life
51 Madison Avenue, Suite 3200
New York, NY 10010
Telephone: 1-800-225-5695