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    David RacichPRO
    Fountain Hills, Arizona
    New York Life Insurance is a highly rated mutual life insurance company that is owned by their policy holders. During a period of demutualization, New York life considered moving to a stock company and would have been obligated to their shareholders. Their blue chip balance sheet is a leading example of financial strength and claims paying ability among carriers as well as to their policy holders. 

    Answered on June 22, 2013
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