Founded in 1845, the New York Life Insurance Company is one of the leading mutual life insurance companies in the United States and one of the largest life insurers in the world. Headquartered in New York City, its family of companies offers life insurance, annuities and long-term care insurance. Its division, New York Life Investment Management, provides institutional asset management and retirement planning services. The New York Life Insurance Company s affiliates provide a range of institutional and retail mutual funds. It is one of the leaders in the association group insurance field, providing life and health insurance plans for membership associations. The New York Life Insurance Company is licensed to transact business throughout the U.S., Puerto Rico and Canada. It provides services through a network of more than 13,000 employees and over 32,000 licensed agents. It maintains a location in Schaumburg, Ill.