What is a New York Life client?
Being a New York Life client means that you get the benefit of working with our financial professionals, who will partner with you for life. Our clients are also backed by a company with a long history and notable financial strength—that’s the type of security and track record you can rely on. What’s unique about being a New York Life client?
Why New York Life Retirement Services?
Helping create peace of mind in retirement is what we do. For generations, we have been protecting clients through good times and challenging ones. New York Life has over 175 years of experience guiding individuals and families through the financial decisions that matter most. Protecting assets and generating income for better retirement outcomes.
What is New York life doing to help?
New York Life provides more than life insurance—we help individuals, families, and communities thrive. Learn about what love taking action means to us. In response to the pandemic, we have launched the Brave of Heart Fund to provide financial assistance to the families of healthcare workers in the event of death caused by the coronavirus.
Why invest with New York Life?
Whether the goal is to accumulate assets over the short term or make it last through retirement, you can have confidence that New York Life will deliver on its promises today, tomorrow and decades to come. Protecting assets and generating income for better retirement outcomes.
Does Nylife have an app?
Later this year, New York Life will launch more sophisticated functionality, including transaction capabilities. The 'MyLifeNow' mobile application is free and available in the Apple App and Google Play stores.
Is New York Life a real company?
New York Life was founded over 175 years ago. Today, it operates as a mutual company, has paid dividends to policyholders for 166 consecutive years and is headquartered in New York City.
Is New York Life a good company?
New York Life earned 4.5 stars out of 5 for overall performance. NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account consumer experience, complaint data from the National Association of Insurance Commissioners and financial strength ratings.
How does New York Life pay its agents?
Your compensation is based on commissions. That means, that your income is driven by every client who purchases a product from you. More than your typical commission.
How many New York Life agents are there?
New York Life believes strongly in the power of human guidance which is delivered in communities across the U.S. by New York Life's industry leading, best-trained, and highest- achieving agent force8 of over 12,000 financial professionals.
Who owns NY life?
policyholdersA mutual insurance company, New York Life is owned by its policyholders and has no outside shareholders. As a mutual, New York Life distributes a portion of its earnings to eligible policyholders as annual dividends. As of 2016, the company has paid a dividend every year since 1854.
Does New York Life give leads?
They pick and choose who they give the company leads to, so dont expect to get any leads as a new agent either.
Does New York Life pay for training?
The training was free, but you pay for license and fingerprinting. They want you to make 25 calls a day minimum and you have to get numbers yourself. Had to use family or friends who most likely would not want product in the first place.
Is New York Life All commission?
It is a commission only job, however, and the slow months are hard to bare. It's a very competitive market so great job if you are well connected with the right people.
Does NY life offer base pay?
New York Life Agent There is no base salary.
Is New York Life 100 commission?
Starting commissions As a new agent, the first thing to understand is that there is no base salary – the job is 100% commission-based.
Are New York Life agents captive?
A captive agent is an agent that generally represents a single life insurance company. Products and services are limited to the products of the represented carrier. Some examples of life insurance companies with large, captive agent field forces include Northwestern Mutual and New York Life.
What is the most reliable life insurance company?
Our Best Life Insurance Companies Rating#1 Haven Life.#2 Bestow.#3 New York Life.#3 Northwestern Mutual.#5 Lincoln Financial.#5 John Hancock.#7 AIG.#7 State Farm.More items...•
Is New York Life an MLM?
New York Life is an A+ A+A+A+ rated insurance company. This year marks 175 years of helping people to be good at life. Like any other career you have to actually work at it.
Is New York Life a mutual fund company?
New York Life Investments offers investors access to institutional money management through its mutual funds, exchange-traded funds (ETFs), separately managed accounts, and non-traditional strategies. New York Life Investments has over $561 billion USD in assets under management.
Does New York Life do financial planning?
That's why we recommend that you work with a financial advisor. At New York Life, the financial advisors in our wealth management subsidiary—Eagle Strategies LLC, a Registered Investment Adviser—can tailor a plan to your needs, even as they change.
Bringing clarity to important life decisions
Backed by over 175 years of experience, our financial experts can help you successfully navigate life’s biggest choices.
Protecting families and their futures
Whether you’re looking to provide for your loved ones, plan your retirement, or build your wealth, our financial professionals can help.
Solutions tailored to your needs
You want to provide your family with financial protection and peace of mind. We can help. Connect virtually with a financial professional safely from the comfort of your own home with a computer, mobile phone, or tablet. All you need is an internet connection.
Answers for every stage of life
If you meet a certain someone, we'll help you understand options that provide financial security. So you can live your happily ever after.
Looking for information about life insurance?
Join our email list and we’ll provide resources on building a more financially secure future.
Helping create peace of mind in retirement is what we do
For generations, we have been protecting clients through good times and challenging ones. New York Life has over 175 years of experience guiding individuals and families through the financial decisions that matter most.
Advisors can get appointed to offer annuities
The first step to integrating our product solutions into retirement portfolios is to get appointed to sell with New York Life. Financial professionals who would like to be appointed are invited to access our enrollment instructions.