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	<title>New answer on: Is New York Life A Mutual Insurance Company?</title>

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		<title>By: Tim Wilhoit</title>

		<link>https://insurancelibrary.com/life-insurance/is-new-york-life-a-mutual-insurance-company</link>

		<dc:creator>Tim Wilhoit</dc:creator>

		<pubDate>Mon, 24 Mar 2014 13:23:12 +0000</pubDate>

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		<description><![CDATA[Yes, New York Life is a mutual company. Simply put a mutual company is not a publicly traded company in the stock market and does not have shareholders. The policy owners are like the shareholders of the company. Some policies for example, like a whole life policy, can even have a vote in how dividends can be distributed to policy owners. There are always plus and minus when it comes to mutual companies versus stock companies. I would recommend contacting an independent life insurance broker and weight the facts on both types of companies.]]></description>

		

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