4.5
7.0
Overall Score
New York Life is a reliable choice for a life insurer. It has many years of industry experience, a favorable company structure, and high financial strength ratings.
If you're looking for term, whole, universal, or variable life insurance, New York Life's policies are worth considering.
New York Life has received high financial strength ratings. These ratings are an indicator of the likelihood an insurer is to be able to meet its claims obligations. High ratings are a good sign, especially when combined with New York Life's many years in the industry.
You can rely on policies purchased from New York Life.
New York Life is a mutual company, which means that policyholders own shares in the company instead of stockholders. This structure makes it easy for the company to make decisions centered on their policyholders' interest without worrying about stock holders.
New York Life offers a wide variety of life insurance policies, which is common in the industry.
Similar to other insurers, New York Life offers term life insurance with level premiums. You can choose the term length of the policy to suit your needs. New York Life stands out for offering a convertible term policy. This policy lasts one year, but you can renew it annually at a new premium rate.
New York Life offers whole, universal, and variable permanent life insurance policies. This selection makes it easy to find a policy that meets your needs.
New York Life offers several whole life insurance policies and stands out with its Custom Whole LIfe Insurance policy. With this policy, you can choose a payment schedule for your policy to be fully paid.
New York Life's universal life policies are different from what others offer because of the death benefit options:
These options can add more value to your policy for your beneficiaries.
New York Life also offers a variety of riders that can be added to its permanent life insurance policies. Some riders may only be available with certain policies.
These riders include the following:
These rider options are common in the industry and make New York Life competitive in the industry.
Before you can receive a quote and additional policy details, you must provide contact information. If you're still researching options and not quite ready to be contacted by a company representative, this can be inconvenient.
Although we'd like to know more about the customer experience with New York Life, it's a reliable life insurer. It has stood the test of time and received high financial strength ratings.
You'll also benefit from a wide selection of policies and some offerings distinct to New York Life. If one of New York Life's policies seems like a good fit, it's worth exploring further.
Filter by:
Sort by:
JOHN M CAMPBELL ,
3 years ago Edited September 14, 2021
Review Source
Luke Swierczynski Waterford, MI
2 years ago Edited February 1, 2022
Paul Burdick Fort Lauderdale, FL
1 year ago
NWildfans Portland, OR
4 years ago
Review Source
Rodney McGee Gilbert, AZ
6 years ago
Mindy Clarke Tacoma, WA
1 year ago
Steve Ashby Portland, OR
3 years ago
Brad H Gilbert, AZ
3 years ago
Review Source
D Woodstock, IL
4 years ago
Review Source
Michelle Schow Saratoga Springs, UT
4 years ago
Review Source
Amber Saratoga Springs, UT
6 years ago
KATE Brooklyn, NY
4 years ago
Joi Estep Charlottesville, VA
6 years ago
Review Source
Carolyn Hazleton, PA
3 years ago
Review Source
Julia UP Southbury, CT
3 years ago
Joannetta Jarman Secaucus, NJ
3 years ago
Tamra Ashby Salt Lake City, UT
3 years ago
Review Source
jcleaton San Diego, CA
4 years ago
Review Source
Kathryn Robinson Riverton, UT
4 years ago
Heather H Sanford, FL
1 year ago
Tom Pleasant Grove, UT
6 years ago
Review Source
Nathan Justis Smithfield, UT
3 years ago
Sara Jane Crestwood, KY
6 years ago
Review Source
Cher Hansen Wisconsin Rapids, WI
3 years ago
Review Source
Micheal Le Feuvre Irving, TX
3 years ago
Review Source
Christyan Bennett Baton Rouge, LA
4 years ago
Robert Mott Bellevue, MI
2 years ago
Review Source
Steven Klaproth Phoenix, AZ
3 years ago
Review Source
Keld Sperry Lehi, UT
4 years ago
Review Source
Cam McClellan Magna, UT
4 years ago
Jim Marshman
6 years ago
Rich Green Reno, NV
9 years ago
Review Source
David Wilhelm Escondido, CA
3 years ago
Review Source
Bethany Rockville, MD
3 years ago
michael Parrott
6 years ago
April Lori Fuson
6 years ago
We're on a mission to empower consumers to make the best decisions and connect confidently with companies that deserve their business.
© 2024 BestCompany.com LLC - All rights reserved Privacy Policy | Terms | Do Not Sell My Personal Information