Fort Dearborn Life Insurance Company® (FDL), the US Network Partner of the Swiss Life Network, is pleased to announce that its wholly-owned subsidiary Fort Dearborn Life Insurance Company® of New York (FDLNY), has opened for business in the state of New York.
The new subsidiary means that brokers and corporate clients can now obtain insurance coverage nationwide. FDLNY writes insurance coverage exclusively in the state of New York. FDL, its parent company, offers coverage in the other 49 states, plus the District of Columbia, US Virgin Islands and British Virgin Islands.

FDLNY (previously named Northstar Life) was acquired by FDL in July 2007. The company is rated A+ (Strong) by Standard & Poor’s for financial strength, and A (Excellent) by A.M. Best Company, a rating assigned on 1 November 2007 . The company currently sells group life and AD&D, group short-term disability, and New York Disability Benefits Law (DBL), and recently received approval from the state of New York for their group long-term disability product. It is developing additional products including group dental and individual annuities.

With more than 35 years of experience, FDL is among the country’s leading providers of employee benefits. FDL markets group life, short- and long-term disability, dental and individual annuity programmes. FDL has USD 2.2 billion in assets and USD 151 billion life insurance in force. The company is rated A+ (Superior) by A.M. Best Company, affirmed November 1, 2007, and A+ (Strong) by Standard and Poor’s for financial strength. FDL is a subsidiary of Health Care Service Corporation (HCSC), a Mutual Legal Reserve Company.

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