Complaint Review: New York Life Insurance

Every insurance company in the entire world takes back commissions on canceled policies so I'm not sure how that makes NYL a rip off? They advance half of the commission during underwriting only if you request an advance on the application- if you're concerned about the client not making it through underwriting maybe you shouldn't have requested the advance? Also, if you did your job right as an agent you'd have a good idea on whether or not the client would pass underwriting and would service your policies regularly so they don't cancel on you. You clearly have no experience in the industry because NYL actually has some of the most liberal underwriting guidelines I have ever seen in the industry. 

As for the fees... You have the option of being on your own after the first 3 years and you can pay the same kind of fees anywhere else you like. You have your own business, you shouldn't have to have your hand held like a child. 

This is the same at any insurance company. You don't go into the insurance business because you are a wholesome person. You are a sales person, good at tricking people. 

It sounds to me like your wife is the problem. You can't blame a company because you can't keep your wife happy. She as doing the texting as well. Why would the company get involved in marriage issues?

Wait a second. Your wife works in an office environment that she is supposedly excelling in, takes trips out of town regularly with men that YOU feel uncomfortable having her around, and she hasn't filed ONE harrassment complaint or reported ONE person? I can't even begin to understand how NYL is responsible for your failing marriage. I can, on the other hand, see how incredibly insecure you are as a man, though. 

I have to say a couple of things with regard to New York Life, first and foremost, if a manager ever involved themselves in my marriage. Let me just say this, that manager would not be around to talk about it anymore.  No one should be involving themselves in your marriage other than you, your wife and maybe family at best. Who the hell does that manager think he is?

Secondly, I would state this much about New York Life I know from conversations and face-to-face experience some of the managers in my office had weird sexual issues about them.  We had two female managers saying they didn't feel safe with my manager in the office late at night.  I could never figure it out until later when we had a company party...and when the women got drunk their class and level of sophisication went out the door.  You then begin hearing all about your worste nightmares of about anyone and everyone's dark secrets.  My manager apparently had been investigated previous with New York Life about sexually harassing an agent...and later on I was told that the reason for his divorce was something to do with his stepdaughter.  I felt like the company in itself was a hornets nest for sexual freaks and crooks, we apparently also had someone who was forging signatures of clients which later was excused by corporate.  Hopefully, this provides some insight because your story scares the hell out of me worste than I already was...these people are dangerous and I hope this information gets out.

Sorry about your luck.

I wish I could say that this had a good outcome but I can't. It got worse, much worse. Shortly after this my wife went to a New York Life training meeting and met another agent there. After she returned home I realized that they had texted each other a few hundred times and she had deleted all of them. I insisted that she not be texting her male co-workers like this because it was inappropriate and unprofessional. I deleted this NYL agent from her FB page a few times but he kept asking her to re-friend him. One evening I walked in and found the two of the having a conversation about his p***s. This was too much and it really started to cause our marriage to unravel. A mutual friend contacted this agent on FB and told him that he was having a detrimental impact on our marriage, but he continued to contact my wife.

About this time my wife be-friended a female agent in another state and talked to this agent about 2+ hours a day. I was told by a partner in another state that I needed to try to get my wife to dis-associate with this woman because she is in a trouble marriage, is having an affair with a NYL agent in New Orleans and is almost certainly a bad influence on my wife. I could go into greater detail about the problems I have had with this agent and some of the things she has done but don't have the space to do it here. On a side note, this partner also told me that he thinks the culture at NYL creates a lot of sexually inappropriate behavior in the work place there and it is worse than any other place he has been employed.

Later I found where my wife and this other male agent were having a conversation on FB and he told her that he wanted to have sex with her. She was telling him how much she missed him and she asked what he would do if she came there to visit and he said he would have sex with her.

Also during this time my wife met and started a friendship with another male agent from CA. The calling and texting escalated between them to the point that she was texting him (and others) about 200-300 times a day. I don't see how a person can get any work done texting every three to four minutes. I found evidence on the phone bill that they had been texting pictures to each other. I asked her what pictures they had texted and she said they were texting pictures of each other's office. I find this hard to believe. A of suspicious and inappropriate events go on between them after this but the one that tops is all is a text conversation between them where she seems to be getting him interested in one of her female agents (he is married) and he propositions my wife for the three of them to have a threesome. There is other messages on that text conversations that leads me (and everyone else who has read it) to believe that they have probably had an affair.

I threaten to file a complaint with NYL and my wife says that she has already brought it to the attention of a NYL compliance officer and her managing partner and they didn't see a problem with it. Really? They don't have a problem with married partners and agents talking about having sex and having threesomes? Based on the reaction of her managing partner that just swept everything under the rug and even seemed to be encouraging it, I shouldn't be surprised.

I am appalled at the lack of integrity there and the lack of morals within this company. How can they just let this go on? One year in my wife;s office an agent and another agent's date (married?) had sex in a closet at the company Christmas party. My marriage was good before my wife started working there and now two years later it has all but fallen apart. I don't know what to do. If the company had any integrity at all they would fire everyone involved. These people are responsible for very important financial decisions in people's lives. Can they be trusted? I should hire an attorney or create a website compiling everything that has happened since my wife started working there.