Insurance - Car Insurance, Home Insurance, Life Insurance

New York Life Contributed over 50000 Volunteer Hours During Global ... MarketWatch

30.06.09

NEW YORK, Jun 30, 2009 (BUSINESS WIRE) -- New York Life Insurance Company designated May as the Company's first Global Month of Service and had over 3,500 employees and agents volunteer in their local communities where the company does business on more than 200 community projects in eight countries to champion the Supporting Youth Worldwide theme. Volunteers gave over 50,000 hours of voluntary service - the equivalent of 29 people working full-time for an entire year and the estimated value of this volunteer time is more than $1 million.*

New York Life designated May as Global Month of Service, to expand its long-standing tradition of giving back, providing New York Life employees, agents, family members, friends and policyholders an opportunity to make a global impact in local communities.

"Global Month of Service builds on both New York Life's commitment to families, communities and businesses, as well as our active, dedicated volunteer efforts year-round. I am enormously proud of the response of New York Life volunteers who demonstrated what a real difference we can make in our communities and made our first Global Month of Service a success," said Ted Mathas, chairman, president and CEO of New York Life. "These are challenging times for many people around the world, and together New York Life employees, agents and their families provided valuable services and assistance to youth in the communities in which we live and work."

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