Since launching our life claims portal last December, we have seen adoption by hundreds of employers1, ranging from large corporations to small businesses. In addition, this we’ve seen significantly reduced administrative time, from submission to payout by nearly 40%1.
Our claims portal simplifies the process for beneficiaries and significantly reduces administrative tasks for employers with easy document uploads and notifications for HR teams and beneficiaries.
We will be expanding capabilities within the portal to include the intake of accidental death & dismemberment (AD&D), accelerated death benefit and waiver of premium claims. It currently supports life claims, including express pay for life claims up to $100,000 without requiring a death certificate, with certain restrictions.
We continue to support beneficiaries beyond the claim with guidance from our specialists and resources, including:
To date, our portal has delivered a 25% decrease in requests for additional information.1 Registration is easy, requiring just a simple sign-in and answering a few dropdown menu questions.
Employers can also take advantage of Life & AD&D claim reporting through myNYLGBS, which features custom claim status updates.
Sharing our knowledge and compassion to help build resilience after loss is one more way we’re Putting Benefits To Work For People.℠
Explore our life claims portal and learn more about our term life claim experience.
1Based on NYL GBS 2024 internal claims data.
2Empathy is not affiliated with New York Life Insurance Company or any subsidiaries and provides this service at no cost to you. The use of this service is optional. This program is not available under policies issued by New York Life Group Insurance Company of NY.
New York Life Group Benefit Solutions products and services are provided by Life Insurance Company of North America, New York Life Group Insurance Company of NY, and New York Life Insurance and Annuity Corporation, subsidiaries of New York Life Insurance Company.
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