Provider of Income Annuities since 20062
Provider of Principal Protected Variable Annuities3
Although we no longer offer certain products, we will continue to service existing policies. See a list of our discontinued products.
1. Guarantees are based on the claims-paying ability of New York Life Insurance and Annuity Corporation (NYLIAC). NYLIAC is a subsidiary of New York Life Insurance Company, which has been providing solutions with strength and stability for more than 176 years.
2. Source: LIMRA as of 12/31/2023, based on premium.
3. Source: LIMRA as of 12/31/2023, derived from cumulative sales 1/1/23-12/31/23, based on premium. "Principal protection" is provided by the Investment Preservation Rider-FP Series, an optional rider for an additional fee.
4. Referencing a variable annuity with the purchase of an accumulation benefit rider.
* New York Life has the highest financial strength ratings currently awarded to any U.S. life insurer from all four of the major credit rating agencies. Individual independent rating agency commentary: A.M. Best A++ (as of 11/17/23), Fitch AAA (as of 11/17/23), Moody’s Investors Service Aaa (as of 11/17/23), Standard & Poor’s AA+ (as of 11/17/23).