Founded in 1845, New York Life Insurance Company (NYLIC) and its family of companies share a commitment to be there for our customers when they need us—whether that’s today or decades into the future. Variable annuities are issued by New York Life Insurance and Annuity Corporation (NYLIAC), a wholly owned subsidiary of NYLIC that was established in 1982. Both NYLIC and NYLIAC have received the highest ratings for financial strength currently awarded to any U.S. life insurer by four independent rating agencies.1
Provider of Income Annuities since 20062
Provider of Principal-Protected Variable Annuities3
1. Individual independent rating agency commentary as of 6/22/2022: A.M. Best (A++), Fitch (AAA), Moody’s Investors Service (Aaa), Standard & Poor’s (AA+).
2. As of 12/31/2020 and is based on premium amounts as reported by LIMRA Variable Annuity Guaranteed Living Benefit Election Tracking Survey.
3. LIMRA as of 12/31/2021, derived from cumulative sales 1/1/20-12/31/21, based on premium. “Principal protection” is provided by the Investment Preservation Rider–FP Series, an optional rider for an additional fee.