To compare insurance rates from the best companies in your locale, enter your ZIP code below. Call any time of day for free, confidential support from the National Suicide Prevention Line at 800-273-8255. Great benefits, opportunity to grow, flexible schedule. Additional online tools include bill pay and guidance for starting the claims process. Policies provide a tax-deferred cash value that can be accessed during the policyholder's lifetime. New York Life is the second largest life insurance company in the United States after Northwestern Mutual. When it comes to customer service, New York Life earns 4 out 5 Power Circles from J.D. for more information. Some customers might want more specialized policies. Current ratings for the two companies are as follows: Rating Agency. For information on inexpensive life insurance policies visit Cheapest Life Insurance Companies of 2020. Other options include a variable universal life policy with a choice of how cash value accumulates. For more information about any of the companies or products profiled herein, or to inquire about the purchase of insurance, please contact the insurance company, an insurance agent or a financial advisor. © 2020 New York Life Insurance Company, New York, NY. Aug 17, 2020. Welcome to New York Life, where securing the best life for you and your family has been our goal since 1845. The company has more than $1 trillion of life insurance in force and more than 12,000 agents throughout the country. New York Life has the highest possible financial strength ratings currently awarded to any life insurer from all four of the major credit rating agencies**. Natasha McLachlan is a writer who currently lives in Southern California. New York Life offers a variety of life insurance policies for term or lifetime coverage. * Any rates listed are for illustrative purposes only. Read employee reviews and ratings on Glassdoor to decide if New York Life is right for you. Financial benefits include a tax-free death benefit, tax-deferred cash value that can be accessed during the insured's lifetime and eligibility for dividends. Available for customers up to age 75, though New York Life has temporarily extended the age to 80 due to COVID-19. The decision is based on the type and severity of the cancer. New York Life conducts business in all 50 states, as well as across the globe. Some coverages, discounts and features may not be available in all states. Forbes ranked New York Life #364 among America’s Best Employers for 2017. This includes factors such as age, income, expenses and assets. 2016 press releases, Media contact *Based on revenue as reported by “Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual),” Fortune magazine, 6/1/19. Whole life policies also include a tax-deferred cash value that can be accessed during the insured's lifetime and eligibility for dividends. Secured with SHA-256 Encryption. Ranked #11 in Best Life Insurance Companies of 2020. The company has received the highest financial strength and issuer credit ratings according to independent credit rating agencies. Cornell University, founded in 1865, is an Ivy League university that consistently performs highly in world rankings. This content is not, and should not be considered to be, a recommendation of life insurance products generally or an endorsement of a particular insurer or product. Not much policy information is available online. Power and it has an A+ rating with the Better Business Bureau (BBB). The following policy riders are offered: disability waiver of premium, spouse’s paid-up, living benefits option, and policy purchase option. 71 on the Fortune 500. Ratings and rankings. 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