Athene Life Insurance Company of New York, formerly known as Presidential Life Insurance Company, is a leading provider of retirement savings and income products. With a strong financial background and diverse set of offerings, Athene Life Insurance Company of New York can be a great option for New York residents looking to protect their financial futures.
Company History and Overview
Athene Life Insurance Company of New York has a long history dating back to 1965 when it was founded as Presidential Life Insurance Company. After many years of successful operations, the company was acquired by Athene Holding Ltd. in 2019 and rebranded as Athene Life Insurance Company of New York.
Headquartered in Pearl River, NY, Athene Life Insurance Company of New York is licensed to provide annuities and life insurance products to residents across the state of New York. The company is a subsidiary of Athene Holding Ltd., one of the leading providers of retirement services in the nation.
Some key facts about Athene Life Insurance Company of New York:
- Founded in 1965 as Presidential Life Insurance Company
- Acquired by Athene Holding Ltd. in 2019
- Headquarters in Pearl River, NY
- Over 800 employees nationwide
- Licensed in New York for annuities and life insurance
- Rated “A” (Excellent) for financial strength by A.M. Best
Athene Life Insurance Company of New York utilizes its strong financial backing, industry expertise and quality customer service to help Americans achieve financial security in retirement.
Insurance Products Offered
Athene Life Insurance Company of New York provides the following insurance products to New York residents:
Annuities
Annuities are insurance contracts that offer guaranteed growth and lifetime income options. Athene Life Insurance Company of New York offers:
- Fixed annuities – Provide a minimum guaranteed interest rate along with tax-deferred growth
- Fixed indexed annuities – Interest earnings linked to stock market performance
- Income annuities – Generate guaranteed lifetime income to cover essential costs
Annuities help protect against market volatility while building retirement savings.
Life Insurance
Life insurance provides a tax-free death benefit to beneficiaries. Athene Life Insurance Company of New York offers:
- Term life – Affordable temporary coverage with death benefit payout
- Whole life – Permanent coverage with cash value savings
- Universal life – Flexible premiums with adjustable death benefit
- Indexed universal life – Cash value growth tied to stock indexes
These policies help protect families and mortgages.
Additional Offerings
Athene Life Insurance Company of New York also provides:
- Disability income insurance
- Long-term care insurance
- Business solutions
- Employee benefits
This diverse set of products allows customers to bundle policies to meet all their needs through one company.
Customer Service and Claims Reputation
Athene Life Insurance Company of New York maintains highly-rated customer service and claims satisfaction scores. Key highlights include:
- A+ rating from the Better Business Bureau
- Responsive customer service available by phone or online
- Quick claims processing with payments made within 10 days on average
- Clear communications throughout every step of the claims process
- Helpful online resources with forms, tips and frequently asked questions
The company’s commitment to transparent, efficient service gives customers confidence in their policies.
Financial Strength and Ratings
As a subsidiary of Athene Holding Ltd., Athene Life Insurance Company of New York has extremely strong financial backing and high ratings from independent agencies:
- A.M. Best rating of “A” (Excellent) as of May 2023
- Fitch rating of “A+” as of September 2023
- $189.5 billion in total assets as of December 2022
- $102.2 billion in total liabilities as of December 2022
- Cash and invested assets of $55.1 billion as of December 2022
These metrics indicate Athene Life Insurance Company of New York has the long-term ability to meet its promises and obligations to policyholders and annuity holders. Customers can feel secure entrusting their financial futures to the company.
Reasons to Choose Athene Life Insurance Company of New York
There are many advantages to choosing Athene Life Insurance Company of New York for your insurance needs:
- Wide range of products – Annuities, life insurance, disability, long-term care, employee benefits
- Strong financials – High ratings from A.M. Best and Fitch
- Retirement focus – Specialized in protecting savings and creating guaranteed income
- Customer service – Highly-rated support by phone, online or in person
- Trusted partner – Over 50 years of industry experience and expertise
- Ideal for New Yorkers – Licensed in New York with offices across the state
The company’s retirement-centric products, customer service, and financial strength make it a great choice for New York residents aiming to protect their futures.
How to Get a Quote and Apply
Getting a quote and applying with Athene Life Insurance Company of New York is simple:
-
Online – Visit the company website to get quotes digitally.
-
Phone – Call 1-800-926-7599 to speak with a licensed agent.
-
In person – Meet with an agent at one of the company’s New York offices.
-
Through an advisor – Contact an independent or captive insurance advisor.
Be ready to provide basic personal and health details to get the most accurate quote. Applying takes just minutes online or over the phone. You can even sign documents electronically for a fast and paperless process.
Contact Information
Get in touch with Athene Life Insurance Company of New York using this contact information:
Phone: 1-800-926-7599
Address: 100 Sunnyside Blvd, Woodbury, NY 11797
Website: www.athene.com
You can also connect with an authorized agent in your local area to learn more and get personally tailored product recommendations.
Athene Life Insurance Company of New York has the solutions, experience and financial strength to help New York residents work toward a secure retirement. Learn more about how their annuities, life insurance and additional products can protect your savings and income needs.
What Apollo Got From Merging With Athene
FAQ
Who bought Athene life insurance?
Is Athene a legitimate company?
How do I contact Athene life insurance?
Is Athene still in business?