New York Life commits $300,000 to Hurricane Helene response efforts.

NEW YORK - New York Life, America’s largest mutual life insurer¹, today pledged $300,000 toward disaster relief efforts following the tragic loss of life and extensive damage caused by Hurricane Helene. This includes donations of $100,000 to Feeding America, the American Red Cross, and the Center for Disaster Philanthropy’s Atlantic Hurricane Season Fund.

The company will also match up to $100,000 in employee and agent donations to Feeding America, the American Red Cross, the Center for Disaster Philanthropy’s Atlantic Hurricane Season Fund, and the New York Life Emergency Assistance Fund, which provides financial assistance to employees and agents impacted by catastrophic events.

To further support communities affected by Hurricane Helene, New York Life will also offer disaster volunteer grants to employees and agents who work in offices in impacted areas. Employees and agents who volunteer in local relief efforts are eligible to receive a $5,000 grant for qualifying team projects with nonprofits of their choice.

In 2023, New York Life and the New York Life Foundation combined to provide over $33.9 million in charitable contributions, including $1.84 million in disaster relief grants.

ABOUT NEW YORK LIFE

New York Life Insurance Company (www.newyorklife.com), a Fortune 100 company founded in 1845, is the largest mutual life insurance company in the United States¹ and one of the largest life insurers in the world. Headquartered in New York City, New York Life’s family of companies offers life insurance, and other solutions. New York Life has the highest financial strength ratings currently awarded to any U.S. life insurer from all four of the major credit rating agencies.²

1 Based on revenue as reported by “Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual),” Fortune magazine, 6/4/2024. For methodology, please see https://fortune.com/franchise-list-page/fortune-500-methodology-2023/.

2 Individual independent rating agency commentary as of 11/17/2023: A.M. Best (A++), Fitch (AAA), Moody’s Investors Service (Aaa), Standard & Poor’s (AA+).

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