New York Life Insurance Company
Founded in 1845, New York Life started with $17,000 in assets (http://en.wikipedia.org). In its fledgling years, the company insured the lives of slaves for slave owners (http://en.wikipedia.org). Now, New York Life is one of the largest mutual life insurance companies in the world. The company was listed in the 2007 Fortune 100 and received the highest possible rating from Standard and Poor’s (http://en.wikipedia.org). Professional agents, excellent customer service, strategic financial practices, and offering original products to policyholders are the ingredients that have kept New York Life a thriving mutual insurance company.
According to New York Life’s CEO Sy Sternberg, being a mutual life insurance company means that the company can provide for its policyholders in the long-run, unlike an investment life insurance company (www.newyorklife.com).
One of New York Life’s greatest attributes would be its financial strength. In......

Join Now to view the rest of this term paper!
Members: Login to view this research paper.

Title: New York Life
Approximate Word Count: 761
Approximate Pages: 4 (250 words per double-spaced page)

With the Term Papers Lab Membership Pass, you get instant access to every essay on this site, including this essay on New York Life, for as long as you remain a member.

Other essays sites charge almost $100 for a single term paper. At Term Papers Lab, you can get instant access to over 100,000 research papers for as little as $29.95!