Wednesday, January 14, 2009

 

New York Life Gains Sales Milestones in Both Income and Investment Annuities

New York Life Insurance Company today announced that total sales of its income annuities have exceeded $1 billion for the first time, reaching more than $1.2 billion at year-end 2008. The sales benchmark includes sales through New York Life’s career agency system of $850 million and income annuity sales through its partnered banks of $350 million. Further, sales through the company’s AARP Lifetime Income Program, which offers lifetime income annuities to AARP members, have exceeded $100 million in 2008 – a new milestone for sales of this product through AARP.

New York Life Gains Sales Milestones in Both Income and Investment Annuities
Source: Yahoo! Finance

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