New York Life was founded 175 years ago and is one of the oldest and largest mutual insurance companies in the United States.
Policyholders share in the ownership and have received dividends based on the company’s investment performance every year since 1854. In 2020, the company paid out $1.9 billion in dividends to eligible policyholders.
New York Life receives the highest financial-strength ratings and made the list of the world’s most admired companies in Fortune Magazine. The company has more than $1 trillion of life insurance in force and more than 12,000 agents throughout the country. The company focuses on life insurance, retirement income, investments and financial planning.