Benefits and perks at New York Life Insurance Co
Learn about the 23 benefits and perks New York Life Insurance Co offers its employees.
Paid time off for parents and adoptive families
Time off for new parents.
Life Insurance
Income protection benefit.
Long-Term Disability Insurance
Income protection benefit.
Accidental Death and Dismemberment Insurance
Income protection benefit.
Wellness Center
On-site wellness facilities.
Work/life resources
Resources to support work-life balance.
Student loan repayment program
Assistance with student loan repayments.
Tuition reimbursement program
Financial support for further education.
Commuter Benefits
Benefits to assist with commuting costs.
Flexible working arrangements
Includes flextime and working from home options.
Accident Insurance
Voluntary benefit to cover costs related to accidents.
On-site gym facilities or gym discounts
Access to fitness facilities or discounted memberships.
Hospital Indemnity Insurance
Voluntary benefit to cover costs related to hospital stays.
Vision Insurance
Covers routine eye care, such as exams, glasses, and contacts.
Critical Illness Insurance
Voluntary benefit to cover costs related to critical illnesses.
Employee Assistance Program (EAP)
Free short-term counseling for emotional health support for the employee and their family.
Hinge Health
Agents enrolled in NYL medical coverage can access digital physical therapy for convenient care, whenever, wherever.
Teladoc
Agents enrolled in NYL medical coverage can talk to board-certified doctors for non-emergency care via phone or video.
Dental Insurance
Two options that each cover preventative and basic care. One of the options also covers major care (e.g., root canals and repairs).
Health Care Flexible Spending Account (HC FSA)
Use pre-tax dollars to pay for eligible expenses, including medical, dental, and vision. (Not available to newly contracted agents).
Medical Insurance
Two options offered through Aetna that include medical benefits (100% coverage for in-network preventative care), prescription drug coverage and fertility benefits.
401(k) Savings Plan
Allows participant contributions of up to 15% of first-year and renewal commissions and service fees. Offers a range of investment options and an annual discretionary company contribution.
NYLIC Retirement Plan
A qualified defined benefit plan that can provide vested participants with a monthly income for life upon retirement. Benefit entirely funded by the company; Full vesting after 5 years of service.
United States
