New York Life Sells Over $1 Billion Of Income Annuities in 2008
The Retirement Income Reporter recently published an article highlighting New York Life Insurance Company’s selling a total of $1.2 billion of income annuities during 2008.
- About $850 million was sold through New York Life’s own career agency.
- Over $100 million worth of AARP Lifetime Income annuity programs, which are provided by the company, were sold.
- Another $350 million of annuities were sold through partnerships with banks.
