Is New York Life Insurance A Public Company?

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   Tim Wilhoit

   Owner, Your Friend 4 Life, Brentwood TN

   New York Life is not a publically traded company. New York Life is a mutual company. This means their policyholders are owners of the company versus publically traded on the stock exchange. Some types of New York Life whole life policies even allow voting rights and dividends for the policyholders. There are both plus and minus to mutual companies versus publically traded companies.

   Answered on May 1, 2014

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