New York Life Insurance Company is a provider of financial security through insurance, annuity and investment products and services. Founded in 1979, the company offers whole/term life, universal/joint and single premium life cover as well as retirement and estate planning business solutions. The firm also provides life time income annuities, personal pension policies, investment annuities, long term care insurance. Based in Montgomery, Ala., it renders various plans for education and life events, such as birth, death, marriage and investment opportunities, among others. New York Life Insurance Company has appeared in Fortune magazine's list of World's Most Admired Companies for 2010 and has attained 64th position on the Fortune 500 list of 2010.