Award-Winning Whole Life Insurance Company

New York Life's Whole Life policies give you guaranteed lifetime protection and cash value that grows—all with 1-on-1 support to help you plan with confidence. Named the “Best Whole Life Insurance Company” by Money.com, here's what they said sets us apart:

Flexible policy options:

Choose from whole life, universal, and variable universal policies, all with permanent coverage.

Customizable coverage:

Tailor your plan with add-ons(riders), including an accidental death benefit, chronic care, living benefits, and more.

Financial strength:

Consistently strong financial ratings reflect our long-term stability

Dividend-eligible policies:

As a mutual company, many of our policies offer the chance to earn annual dividends.

Lifelong coverage, built for long term value

Whole life insurance offers coverage that never expires—unlike term insurance, which ends after a set number of years. You’ll also get level premiums, guaranteed cash value, and the potential to earn dividends over time.

Guarantees for your family

Your premiums (which are generally lower the earlier you start) will never increase and your loved ones can rely on a death benefit in the future

Accumulation benefit

The cash value of your policy accumulates over time, providing more funds that you can withdraw or borrow (like a loan)¹

Tax advantages & dividends

The cash value in your policy is guaranteed to grow over time, tax-deferred, and is eligible for dividends every year^2,3

Financial reliability

We’ve been paying benefits consistently for 175+ years and, as a mutual insurer, we always put policy owners financial needs first

Want to know if Whole Life is right for you?

Whether you're just exploring or ready to take the next step, I can help answer your questions and walk through coverage options based on your goals.

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Money's methodologies: Since 2017, Money's editorial team has evaluated over 30 life insurance companies across six categories, dedicating more than 1,000 hours to research. Their methodology includes assessing each insurer's ability to pay claims, comparing product offerings and pricing, reviewing financial strength ratings from agencies like AM Best, analyzing customer satisfaction scores from J.D. Power, examining complaint data from the NAIC, and evaluating the ease of the underwriting process. They also interview company representatives for additional insights. While Money strives to provide accurate and current information, regulatory and legal details can change. Rates may vary over time, so they always recommend doing your own research as well.

Whole life is issued by New York Life Insurance Company (NY,NY). In most jurisdictions, the policy form number for the New York Life Whole Life series of products is ICC18217-50P (4/18), Accidental Death Benefit: ICC17217-200R; Disability Waiver of Premium: ICC17217-225R; Living Benefits: ICC17217-495R; Chronic Care Rider: ICC17217-485R; Option to Purchase Paid-Up Additions: ICC17217-330R. State variations may apply.

¹You can access cash value via loans or withdrawals through surrenders. When accessing cash value via loans, the total outstanding loan balance (which includes accrued loan interest) reduces your policy's available cash surrender value and life insurance benefit. The amount you borrow will accrue interest daily. When taking a withdrawal through surrenders, you are surrendering any available Paid-Up Additional Insurance for its Cash Surrender Value. This means that your Policy’s Cash Value, available Cash Surrender Value and Death Benefit will be reduced by the amount of the withdrawal.

²Dividends are not guaranteed. Not all participating policy owners are eligible for dividends.

³Guarantees are based on the claims paying ability of the issuer.