About New York Life
New York Life is the largest mutual life insurance company in the United States, founded in 1845. As a mutual company it is owned by its policyholders rather than shareholders, and it has held the industry's highest financial strength ratings for decades. New York Life is a major issuer of structured settlement annuities, often used in larger personal injury and wrongful death settlements.
New York Life continues to write or service structured settlement annuities today.
How Transfers Work with New York Life
New York Life processes court-ordered transfers under the SSPA framework in every state. Its servicing team is known for careful documentation review, so having your benefits letter and settlement agreement ready speeds the process meaningfully. Partial and split-payment transfers are supported.
Every transfer, regardless of issuer, requires approval by a judge under your state's Structured Settlement Protection Act. See how court approval works and your state's rules.
What You Need to Get a Quote
To get an accurate quote for payments issued by New York Life, have these ready:
- Your settlement agreement or a copy of the annuity contract
- A recent benefits letter showing your remaining payment schedule
- Any prior transfer court orders, if you have sold payments before
If you cannot locate the benefits letter, the issuer can reissue one - your buyer can also request it with your authorization.
How to Contact New York Life About Your Annuity
The New York Life annuity phone number for current payees is 855-469-5772 (Structured Settlements Service Department, option 2). Service hours: Mon-Fri, 8:00am-5:30pm ET.
Written requests, including benefits letter requests, go to: New York Life Structured Settlement Dept, PO Box 30112, Tampa, FL 33633-1210
Note for benefits letter requests: New York Life mails statements only to the address on record - it will not send them by fax or email, and there is no online portal for structured settlement payees. Keep your mailing address current before requesting one.
Contact details verified against official New York Life sources, August 2026. If a number has changed, the issuer's own website is the authoritative source.
Thinking about selling your New York Life payments?
Any buyer needs a judge's approval to purchase your payments, and offers vary widely. Compare before you commit. Get a free, no-obligation quote.
Frequently Asked Questions
Can I sell my New York Life structured settlement payments?
Yes. Structured settlement payment rights can be sold regardless of which insurance company issues the annuity, subject to court approval under your state's Structured Settlement Protection Act. New York Life continues to write or service structured settlement annuities today.
Does the insurance company have to approve my sale?
The issuer does not decide whether you can sell - a judge does. The issuer's role is to acknowledge the court order and redirect the sold payments to the buyer. Issuers process these transfers routinely.
Will selling affect my remaining payments?
No. Any payments you keep continue exactly as scheduled. In a partial sale, the issuer splits your payments per the court order: the sold portion goes to the buyer and the rest still comes to you.
Sell My Structured Settlement for Cash is not affiliated with, endorsed by, or sponsored by New York Life. Company names are used for identification only; all trademarks belong to their respective owners. We help payment holders sell payment rights issued by this and other insurers, subject to court approval.