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Professional agents, excellent customer service, strategic financial practices, and offering original products to policyholders are the ingredients that have kept New York Life a thriving mutual insurance company.
According to New York Life’s CEO Sy Sternberg, being a mutual life insurance company means that the company can provide for its policyholders in the long-run, unlike an investment life insurance company (www.newyorklife.com).
One of New York Life’s greatest attributes would be its financial strength. In addition to its nearly $169 billion in consolidated assets, New York Life holds a well-diversified portfolio, and receives some of the highest ratings for financial strength from the life insurance industry’s rating agencies (www...
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