Key Points New York Life Insurance is a mutual insurance company, meaning you can't buy its stock. To invest in New York Life, purchase one of its whole life insurance policies or annuities. Policyholders may receive dividends from profits, but buying company shares is not possible. Motley Fool Issues Rare “All In” Buy Alert Key findings are powered by ChatGPT and based solely off the content from this article. Findings are reviewed by our editorial team. The author and editors take ultimate responsibility for the content.
Robin Hartill is a Senior Writer and Editor for The Motley Fool. With a diverse background in finance and personal finance, Robin covers a wide range of topics including investing, budgeting, insurance, and credit. Her work has been featured in various publications such as The Penny Hoarder, Tampa Bay Times, and USA TODAY.