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New York Life Insurance Company
For more than 160 years, New York Life Insurance Company's unwavering financial strength and time-tested investment strategies have provided consistent value and solid financial protection for clients and their families. Meyer and Associates is proud to offer life insurance products underwritten by New York Life.
New York Life, which operates in 50 states and the District of Columbia, has underwritten the Collegiate Alumni Trust insurance program since 1979. New York Life is the largest mutual life insurance company in the United States and has underwritten life and health insurance coverage for members of associations for decades. The life insurance in force in New York Life’s association group operation is over $100 billion, which is more than many other insurers active in mass marketing have in force in their entire companies.
The bottom line: alumni want to be insured by New York Life because it is a name they trust. While there are certainly other insurance companies financially sound enough to meet the claims-paying requirements of this program, there are very few, if any, with the name recognition and high public awareness generated by New York Life’s record of integrity and service to insureds for more than 160 years.
New York Life has received among the highest ratings for financial strength from the life insurance industry's principal rating agencies:
| Rating Service: | A.M. Best | Moody's | Standard & Poor's | Fitch Ratings |
| Rating: |
A++
(superior) |
Aaa
(highest quality) |
AA+
(very strong) |
AAA
(exceptionally strong) |
|
Renewable group term life insurance for coverage amounts below $100,000. |
VIP group insurance plans are available in the United States (except Oregon, South Dakota, Vermont, Washington state, territories, and possessions). Insurance is underwritten by New York Life Insurance Company, (NAIC 66915) 51 Madison Avenue, New York, NY 10010 on Policy Form GMR FACE G-16000 to the Collegiate Alumni Trust. New York Life Insurance Company is domiciled in the State of New York, and is licensed to do business in the 50 United States, the District of Columbia, Puerto Rico, and Canada. Information sent will include details of coverage including exclusions and renewability. See our Licensed Agents page for detailed agent information. Eligibility is limited, click here for more information.
New York Life Insurance Company, founded in 1845 and a recognized leader in the group insurance field, is one of the largest and most respected life insurance companies in the nation. New York Life has received the highest possible ratings for financial strength currently awarded to any life insurer by all four major ratings agencies; A.M. Best (A++), Fitch Ratings (AAA), Standard & Poor’s (AAA) and Moody’s Investors Service Aaa). *Source: Third Party Rating Reports (as of 4/18/2012).
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Revenue earned through this program will help to support the alumni association.