New York Life vs Protective Life Insurance

  • YEAR FOUNDED
    1907
  • CURRENT CEO
    John D. Johns
  • AVAILABLE
    All 50 States
  • ADDRESS
    111 Congresional Blvd., Suite 500 Carmel, IN 46032
  • TOP AWARDS

    2010 Optimas Award from Workforce Management Magazine

  • PROS
    • Financially sound.
    • Competitive, comprehensive rates.
    • Flexible health guidelines.
  • CONS
    • Approval can take awhile.
    • Low tolerance for smoking.
  • YEAR FOUNDED
    1845
  • CURRENT CEO
    Theodore Alexander Mathas
  • AVAILABLE
    49 States
  • ADDRESS
    51 Madison Avenue New York, NY 10010 United States
  • TOP AWARDS

    Fortune Magazine’s List of World’s Most Admired Companies For 2017

    Forbes America’s Best Large Employers 2017

    BEQ Pride LGBTQ Business Equality Excellence Award

  • PROS
    • Great option for Seniors
    • Flexible Terms
    • High Death Benefits
  • CONS
    • Lackluster website
    • Poor customer resources
    • No Online Quoting
SOURCEProtectiveNew York Life
JD Power7744/5
BBBA+A+
AM BestA+A++
Moody'sA1Aaa
FitchA+AAA
Standard & PoorAA-AA+
Comdex Score92100
SOURCEProtectiveNew York Life
Total Assets$75 Billion USD (2016)$303.182 billion
Life Insurance in Force$767.3 Billion$992.8 billion
ProtectiveNew York Life
Term Life InsuranceYearly Convertible Term
Whole Life InsuranceLevel Premium Convertible Term
Universal Life InsuranceWhole Life Insurance
Variable Universal Life InsuranceUniversal Life Insurance
Indexed Universal Life InsuranceVariable Universal Life Insurance
Survivorship Universal Life Insurance
Life Insurance for Children
ProtectiveNew York Life
Protective Custom Choice UL Yearly Convertible Term
Protective Advantage Choice ULLevel Premium Convertible Term
Protective Classic Choice TermWhole Life Insurance
Protective One Year Term Universal Life Insurance
ProClassic II Variable Universal Life Insurance
ProClassic Legacy
Protective Classic Choice Term
Investors Choice VUL
Strategic Objective VUL
Survivorship Term
Survior UL
Protective Whole Life
ProtectiveNew York Life
Accidental death benefit riderAccidental Death Benefit Rider
Accelerated death benefit riderChildren’s Insurance Rider
Waiver of premium riderChronic Care Rider
Disability income riderDisability Waiver of Premium Rider
Guaranteed insurability riderLiving Benefits Rider
Term insurance riderSpouse’s Paid-Up Insurance Purchase Option
Children’s term riderPolicy Purchase Option Rider
Jonathan Holloway
October 13, 2019
John Holloway is a licensed life insurance agent and co-founder at NoExam.com
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