The disability insurance industry in New York is crucial for safeguarding income and providing financial support during periods of illness or injury. Companies range from large-scale providers with extensive resources to smaller agencies focused on personalized service. They offer a mix of individual and group policies, enabling businesses and individuals to secure essential coverage. Trends indicate increasing emphasis on customized solutions, with more firms recognizing the importance of mental health support within their offerings. As job markets evolve, disability insurance is becoming a critical pillar of employee benefits, emphasizing the need for strategic planning in financial protection.


This list features a selection of 24 disability insurance companies headquartered in New York. With founding years ranging from 1920 to 2018, these firms employ varying numbers of professionals—from small teams under 10 to larger organizations with thousands. They specialize in different products, including individual and group disability insurance, providing significant income protection solutions. Companies such as Covala Group and Health Plus illustrate the range in operational scopes, catering to both large employers and individuals.


Read on to discover more about New York's top disability insurance companies.


Top 24 Disability Insurance Companies in New York


1. Health Plus

  • Website: empireblue.com
  • Ownership type: Private
  • Headquarters: New York, New York, United States (USA)
  • Employee distribution: United States (USA) 92%, Ghana 8%
  • Founded year: 1934
  • Headcount: 501-1000
  • LinkedIn: health-plus

Health Plus, also known as Anthem Life, is an insurance company based in New York, specializing in life and disability insurance products. Founded in 1934, the company has built a reputation for providing essential financial security and support to employees through their employers. Health Plus focuses on delivering prompt benefit payments and a variety of support services aimed at enhancing employee well-being. Their offerings include absence management resources, which are crucial for businesses looking to provide comprehensive benefits to their workforce. The company operates primarily in the United States, with a small presence in Ghana, and employs around 326 individuals. As of now, there has been no reported funding activity, indicating a stable operational model without reliance on external investment.


2. Covala Group

  • Website: covalagroup.com
  • Ownership type: Private
  • Headquarters: New York, New York, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1993
  • Headcount: 11-50
  • LinkedIn: covala-group

Covala Group, founded in 1993 and based in New York City, specializes in Individual Disability Insurance (IDI) and Long-Term Care (LTC) benefits. The company has carved out a niche by providing supplemental insurance solutions to large employers, including many Fortune 500 firms. Covala Group has successfully connected employees to over $4.5 billion in income protection through nearly 50,000 policies. Their approach emphasizes high-quality service, superior participation rates, and customized communication strategies, which have proven effective in engaging employees during enrollment processes. Covala Group's history includes pioneering large-scale voluntary IDI offerings, showcasing their expertise in the field. They are licensed to sell disability insurance across numerous states, further solidifying their operational footprint in the industry.


3. Colonial Voluntary Benefits


Colonial Voluntary Benefits, operating under The Paul Revere Life Insurance Company, is an insurance provider based in New York, specializing in voluntary benefits and financial protection services. Founded in 1939, the company offers a range of insurance products, including life, accident, and notably, disability insurance. Their services are designed for individuals, employers, and brokers, focusing on risk management related to unforeseen life events. Colonial Voluntary Benefits aims to assist customers in preserving their financial well-being through tailored insurance solutions. The company emphasizes a customer-centric approach, providing benefits counseling and support to ensure clients understand their options and make informed decisions. This dedication to service is reflected in their long-term relationships with clients, many of whom have partnered with them for over a decade.


4. Advisors Insurance Brokers

  • Website: advisorsib.com
  • Ownership type: Private
  • Headquarters: Clifton Park, New York, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1991
  • Headcount: 11-50
  • LinkedIn: national-long-term-care-brokers

Advisors Insurance Brokers, based in Clifton Park, New York, has been a player in the insurance industry since its founding in 1991. The company operates as a private brokerage agency with a team of 22 employees dedicated to helping clients secure their financial futures. Advisors Insurance Brokers offers a range of insurance products, prominently featuring disability insurance alongside long-term care, life insurance, and annuities. Their approach emphasizes education and personalized service, equipping clients with the knowledge needed to navigate their insurance options effectively. The firm has established itself as a significant entity in the insurance market, focusing on asset protection and financial security for its clients. Their commitment to high standards and ethical practices further enhances their reputation in the industry.


5. Four Points Inc.

  • Website: fourptsny.com
  • Ownership type: Private
  • Headquarters: Rochester, New York, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 2018
  • Headcount: 51-200
  • LinkedIn: four-points-inc-ny

Four Points Inc. is an insurance agency based in Rochester, New York, founded in 2018. The company operates as a full-service agency with a strong emphasis on employee benefits, health insurance, life insurance, and notably, disability insurance. Since its inception, Four Points has grown rapidly, expanding its team from seven agents to over 150 agents by early 2022. They cater to nearly 550 employers and approximately 75,000 individuals, showcasing their reach in the insurance market. Four Points Inc. is licensed to operate in all 50 states, which allows them to provide comprehensive insurance solutions across the country. Their innovative approach includes wellness planning and tax-incentivized programs, which aim to enhance the financial security of employees while minimizing costs for employers. This strategy positions them as a significant player in the employee benefits sector, particularly in disability insurance.


6. Standard Security Life Insurance Company

  • Website: sslicny.com
  • Ownership type: Corporate
  • Headquarters: New York, New York, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Latest funding: $184.0M, April 2021
  • Founded year: 1958
  • Headcount: 51-200
  • LinkedIn: standard-security-life-ins-co

Standard Security Life Insurance Company of New York, founded in 1958, is an insurance provider based in New York City. The company specializes in disability benefits and paid family leave insurance, primarily serving businesses and consumers within New York State. This focus allows them to help clients navigate and comply with state laws regarding employee benefits. With a workforce of approximately 76 employees, the company is positioned to offer personalized service and support. In April 2021, they secured $184 million in funding, which underscores their growth potential and commitment to enhancing their offerings. Recently rated 'A (Excellent)' by A.M. Best in November 2023, Standard Security Life Insurance Company demonstrates a strong financial foundation and a commitment to providing essential insurance services.


7. Nippon Life Benefits

  • Website: nipponlifebenefits.com
  • Ownership type: Private
  • Headquarters: New York, New York, United States (USA)
  • Employee distribution: United States (USA) 93%, India 2%, Algeria 2%, Other 2%
  • Founded year: 1991
  • Headcount: 51-200
  • LinkedIn: nippon-life-benefits

Nippon Life Benefits, based in New York City, is a private insurance provider that specializes in employee benefits. Founded in 1991, the company has carved out a niche in the insurance market by offering a comprehensive range of products, including medical, dental, life, and notably, disability insurance. Their services are tailored primarily for businesses and organizations, aiming to help employers manage healthcare costs while providing robust benefits to their employees. With a workforce of approximately 135 employees, Nippon Life Benefits operates predominantly in the United States, with a small presence in India, Algeria, and Japan. The company prides itself on its customer service, often receiving high satisfaction ratings from clients. Nippon Life Benefits is a member of the Nippon Life Insurance Company of Japan, which adds to its credibility and financial backing in the insurance industry.


8. Northeast Planning Group Inc. & Northeast Producers Group Inc


Northeast Planning Group Inc. & Northeast Producers Group Inc., established in 2002, is a financial services firm based in New Hyde Park, New York. The company specializes in a range of financial products, including life insurance and disability income insurance, aimed at individuals and small businesses. With a team of professional agents, they strive to provide tailored financial solutions that meet the unique needs of their clients. Their operations extend across New York and the Tri-State area, reflecting a strong local presence. The firm has built partnerships with reputable insurance companies such as Ameritas, Transamerica, and Mutual Trust, enhancing their service offerings. Their focus on integrity and customer service is evident in their mission to help clients secure their financial futures through comprehensive planning and support.


9. ShelterPoint

  • Website: shelterpoint.com
  • Ownership type: Corporate
  • Headquarters: New York, New York, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Latest funding: April 2024
  • Founded year: 1972
  • Headcount: 51-200
  • LinkedIn: shelterpoint-life

ShelterPoint Life Insurance, based in Garden City, New York, has been a player in the insurance industry since its founding in 1972. The company specializes in statutory insurance products, focusing on short-term disability and paid family leave insurance. This specialization allows them to assist both employers and employees in meeting state compliance requirements while providing essential financial support during times of need. Beyond disability insurance, ShelterPoint also offers additional employee benefits, including dental and vision insurance, which broadens their appeal to businesses looking to enhance their employee offerings. Their commitment to helping businesses navigate the complexities of statutory benefits positions them as a relevant and knowledgeable entity in the insurance market.


10. NICL Insurance Services, LLC

  • Website: niclservices.com
  • Ownership type: Private
  • Headquarters: Clarence, New York, United States (USA)
  • Employee distribution: India 50%, Pakistan 50%
  • Founded year: 2005
  • Headcount: 1-10
  • LinkedIn: nicl-insurance-services-llc

NICL Insurance Services, LLC, founded in 2005 and based in Clarence, New York, operates as a full-service insurance brokerage. The firm specializes in a variety of insurance products, including life, health, and notably, disability insurance. NICL acts as an intermediary between clients and insurance carriers, focusing on assessing clients' risk profiles to suggest appropriate coverage. They emphasize personalized service, aiming to build long-term relationships with clients to adapt to their evolving insurance needs. NICL does not charge commissions for their services, which positions them as a client-centric option in the insurance market. Their operational model includes negotiating with multiple carriers to secure optimal coverage for clients, which is particularly relevant in the disability insurance space where tailored solutions are crucial. The company has a significant presence in India and Pakistan, with a workforce that reflects a global approach to service delivery.


11. Sellers Insurance


Sellers Insurance, based in Athol Springs, New York, is a family-owned insurance agency with a rich history dating back to 1920. With a team of approximately 32 employees, the agency specializes in a wide array of insurance products tailored to both personal and business needs. Their offerings include life insurance, homeowners insurance, and notably, disability income protection. Sellers Insurance has carved a niche in serving professionals, particularly in the medical and legal sectors, providing customized solutions that address the unique challenges faced by these individuals. The agency prides itself on delivering personalized service, ensuring that clients receive the attention and support they need, especially during critical times such as filing claims. Their long-standing presence in the industry and commitment to client satisfaction underscore their relevance in the disability insurance market.


12. Fabricant & Fabricant, Inc


Fabricant & Fabricant, Inc. is an insurance brokerage based in Roslyn, New York, established in 1961. With a team of 18 professionals, the firm specializes in a wide array of insurance services, including property and casualty, life, health, and notably, disability insurance. They cater to businesses, families, and individuals across the United States, emphasizing personalized service and customized policy solutions. The company prides itself on its ability to understand the unique needs of its clients, offering tailored plans that provide comprehensive protection. Their expertise in the insurance sector is backed by the professional qualifications of their principals, who hold degrees in business and law. This foundation allows them to navigate complex insurance landscapes effectively, ensuring clients receive the best possible coverage.


13. Conference Associates, Inc.

  • Website: conferenceny.com
  • Ownership type: Private
  • Headquarters: Patchogue, New York, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1961
  • Headcount: 11-50
  • LinkedIn: conference-associates-inc.

Conference Associates, Inc. (CAI), based in Patchogue, New York, has been a significant player in the insurance industry since its founding in 1961. The company operates as a private insurance agency, employing a team of approximately 33 professionals. CAI specializes in a variety of insurance products, including healthcare, dental, vision, life, and notably, disability insurance. Their services cater to individuals, businesses, and insurance brokers, providing tailored solutions to meet specific insurance needs. CAI prides itself on building long-term relationships with clients and partners, ensuring that they receive the necessary support and guidance in navigating their insurance options. The firm has established a reputation for reliability and professionalism, making it a trusted resource for those seeking disability insurance and other coverage types.


14. NYLIFE Securities LLC

  • Website: nylifesecurities.com
  • Ownership type: Private
  • Headquarters: New York, New York, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1969
  • Headcount: 1001-5000
  • LinkedIn: nylife-securities-llc

NYLIFE Securities LLC is a private insurance and financial services provider based in New York, New York. Founded in 1969, the company operates as a subsidiary of New York Life Insurance Company, which has a long-standing history in the insurance industry dating back to 1845. NYLIFE Securities offers a range of products, including life insurance, annuities, and individual disability insurance, aimed at helping individuals, families, and small businesses secure their financial futures. Their individual disability insurance specifically assists clients in replacing lost income due to sickness or injury, highlighting their role in risk management and financial planning. With a workforce of over 4,300 employees, NYLIFE Securities is positioned to provide personalized guidance and support to its clients, ensuring they have access to the necessary resources for effective financial decision-making.


15. Ballard & Associates, LLC

  • Website: ballardassoc.com
  • Ownership type: Private
  • Headquarters: Cicero, New York, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 2006
  • Headcount: 51-200
  • LinkedIn: ballard-%26-associates-llc

Ballard & Associates, LLC is an insurance agency based in Cicero, New York, established in 2006. The company specializes in a variety of insurance products, including health, life, dental, and notably, disability insurance. They cater to individuals and families, assisting them in navigating their insurance options to find suitable coverage that aligns with their needs and budget. With a dedicated team of insurance professionals, Ballard & Associates emphasizes customer service and relationship-building, ensuring clients receive personalized attention and support. Their offerings include Medicare Advantage plans, life insurance, and long-term care, showcasing their comprehensive approach to insurance solutions. The agency operates independently, allowing them to partner with multiple insurance carriers to provide competitive quotes and options for their clients.


16. Northern Insuring Agency, Inc.

  • Website: northerninsuring.com
  • Ownership type: Private
  • Headquarters: Plattsburgh, New York, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1930
  • Headcount: 11-50
  • LinkedIn: northern-insuring

Northern Insuring Agency, Inc. is a private insurance agency based in Plattsburgh, New York, with a history dating back to 1930. The agency serves both individual consumers and businesses in the Northern New York Region, providing a wide array of insurance products and services. Their offerings include home and auto insurance, health insurance, and business insurance, alongside individual and group benefits. The agency prides itself on delivering personalized insurance solutions tailored to the unique needs of its clients. With a team of experienced professionals, Northern Insuring emphasizes integrity and community engagement, positioning itself as a trusted local partner in risk management and asset protection. They maintain partnerships with numerous reputable insurance carriers, enhancing their ability to offer competitive products. Northern Insuring Agency operates multiple offices in the region, ensuring accessibility and support for their clients.


17. Insurance Services LLC


Insurance Services LLC, known as Financial Guards Insurance Brokerage, is a private insurance brokerage based in Queens, New York. Founded in 1987, the company has built a reputation for helping clients navigate the complexities of insurance. They specialize in a variety of insurance products, including life, health, and notably, disability insurance. Their approach involves comparing rates from multiple insurance providers to ensure clients receive the best possible coverage at the lowest cost. This client-centric model is particularly beneficial for individuals and businesses seeking tailored insurance solutions. The company also offers business protection plans, which include coverage for business overhead expenses in the event of an owner's disability. This indicates a comprehensive understanding of both personal and business insurance needs, further solidifying their role in the disability insurance sector.


18. Transworld Inc


Transworld Inc is an insurance agency based in Jamaica, NY, established in 2008. With nearly 20 years of experience in the insurance industry, the company specializes in a range of insurance solutions, including car, business, disability, and general liability insurance. They cater to both individual consumers and businesses, aiming to provide tailored coverage options that address specific financial risks. Transworld Inc has built a reputation for helping clients save on insurance premiums while ensuring they receive adequate coverage. Their team of skilled insurance specialists is dedicated to guiding clients through the insurance process, offering personalized service and support. The agency has grown steadily, serving thousands of customers and expanding its offerings to include essential products like disability insurance, which is crucial for income protection in the event of illness or injury.


19. Stahlka Agency Inc.

  • Website: stahlka.com
  • Ownership type: Family Owned
  • Headquarters: Williamsville, New York, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1957
  • Headcount: 11-50
  • LinkedIn: stahlka-agency-inc-

Stahlka Agency Inc., founded in 1957 and based in Williamsville, New York, is a family-owned insurance agency that provides a wide array of insurance products. The agency serves both individual consumers and businesses, offering tailored solutions to manage risks and protect assets. Their offerings include personal insurance such as auto and homeowners insurance, as well as business insurance, life insurance, and health insurance. Notably, they provide individual disability insurance and group disability insurance as part of their health insurance services. Stahlka Agency has been recognized for its performance, being included in the Big 'I' Best Practices Study, which highlights agencies that excel in customer retention, growth, and financial management. This recognition underscores their commitment to quality service and effective insurance solutions.


20. Briceland Angency, Inc

  • Website: briceland.com
  • Ownership type: Private
  • Headquarters: Buffalo, New York, United States (USA)
  • Employee distribution: Vietnam 100%
  • Founded year: 1965
  • Headcount: 11-50
  • LinkedIn: briceland-angency-inc

Briceland Agency, Inc., based in Buffalo, New York, is a private insurance agency that has been serving clients since 1965. With a team of 23 employees, the agency specializes in a wide array of insurance products tailored for both individuals and businesses. Their offerings include personal and commercial insurance, health, life, and risk management solutions. Briceland is particularly noted for its consultative approach, helping clients navigate the complexities of insurance to find the best coverage for their needs. The agency provides comprehensive employee benefit plans, which prominently feature disability insurance among other offerings. This focus on employee benefits underscores their commitment to supporting businesses in attracting and retaining talent through effective insurance solutions. Briceland Agency prides itself on delivering cost-effective and innovative insurance policies, ensuring that clients are well-protected against various risks.


21. Parsons & Associates, Inc.


Parsons & Associates, Inc. is a family-owned insurance agency based in Syracuse, New York, with a history dating back to 1930. The firm specializes in providing personal and business insurance solutions, catering to a variety of clients, including individuals and businesses in the legal and healthcare sectors. Their offerings include auto, homeowners, life, and disability insurance, as well as professional liability and cyber liability insurance. With a team of approximately 32 employees, Parsons & Associates prides itself on delivering tailored coverage to manage risks effectively. The agency has built a reputation for its commitment to customer service and has established relationships with several reputable insurance carriers, ensuring that clients receive reliable and financially sound coverage options. Over the years, Parsons & Associates has developed specialized programs, particularly in professional liability for lawyers and dentists, showcasing their expertise in these areas. The firm operates with a focus on personalized service, aiming to meet the unique needs of each client.


22. BFG - Brooklyn Financial Group

  • Website: bfgny.com
  • Ownership type: Private
  • Headquarters: Brooklyn, New York, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1979
  • Headcount: 11-50
  • LinkedIn: bfgny

BFG - Brooklyn Financial Group, LLC, founded in 1979, is a financial services firm based in Brooklyn, New York. The company specializes in a wide array of financial strategies, investment services, and insurance products, including disability insurance. BFG serves families and businesses primarily in the New York Tristate area, aiming to help clients achieve financial security and navigate complex financial decisions. The firm operates as an agency of The Guardian Life Insurance Company of America, which allows it to offer a comprehensive suite of insurance products. BFG prides itself on fostering talent within the financial services sector, providing associates with the tools and support necessary to deliver tailored financial solutions. Their commitment to community impact and professional development is evident in their approach to empowering associates to build successful careers while serving clients effectively.


23. William A. Smith & Son, Inc.


William A. Smith & Son, Inc. is an independent insurance agency based in Newburgh, New York, established in 1928. With a team of 26 employees, the agency specializes in a comprehensive suite of insurance solutions, catering to both personal and business needs. They provide various insurance products, including home, auto, life, and notably, employee benefits such as group health and disability insurance. Their approach emphasizes client relationships, ensuring that they understand and meet the unique needs of their clients. The agency operates primarily in the Hudson Valley and across New York State, focusing on delivering tailored insurance solutions that protect clients from unexpected risks. Their status as a Trusted Choice agency further underscores their commitment to quality service and advocacy for their clients.


24. Cambridge Insurance Advisors

  • Website: camlife.com
  • Ownership type: Private
  • Headquarters: New York, New York, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1989
  • Headcount: 11-50
  • LinkedIn: cambridge-insurance-advisors

Cambridge Insurance Advisors, established in 1989, is an independent insurance agency based in New York City. With a team of approximately 29 employees, the firm specializes in a variety of insurance solutions, including personal, business, and employee benefits insurance. They cater to individuals, businesses, and organizations, helping clients manage risks and protect their assets through customized insurance products and consulting services. Their offerings include long-term disability insurance, which is a critical component of their personal insurance portfolio. The agency prides itself on its independence, allowing it to partner with multiple top-rated insurance companies to provide clients with a range of coverage options. Cambridge Insurance Advisors is licensed to operate in all 48 contiguous states, demonstrating its capability to serve a broad client base across the country.



Disability Insurance Insights: Key Companies in New York


CompanyHeadquarterSizeFoundedOwnership
Health PlusNew York, New York, United States (USA)501-10001934Private
Covala GroupNew York, New York, United States (USA)11-501993Private
Colonial Voluntary BenefitsNew York, New York, United States (USA)5001-100001939Private
Advisors Insurance BrokersClifton Park, New York, United States (USA)11-501991Private
Four Points Inc.Rochester, New York, United States (USA)51-2002018Private
Standard Security Life Insurance CompanyNew York, New York, United States (USA)51-2001958Corporate
Nippon Life BenefitsNew York, New York, United States (USA)51-2001991Private
Northeast Planning Group Inc. & Northeast Producers Group IncNew Hyde Park, New York, United States (USA)51-2002002Private
ShelterPointNew York, New York, United States (USA)51-2001972Corporate
NICL Insurance Services, LLCClarence, New York, United States (USA)1-102005Private
Sellers InsuranceAthol Springs, New York, United States (USA)11-501920Family Owned
Fabricant & Fabricant, IncRoslyn, New York, United States (USA)11-501961Private
Conference Associates, Inc.Patchogue, New York, United States (USA)11-501961Private
NYLIFE Securities LLCNew York, New York, United States (USA)1001-50001969Private
Ballard & Associates, LLCCicero, New York, United States (USA)51-2002006Private
Northern Insuring Agency, Inc.Plattsburgh, New York, United States (USA)11-501930Private
Insurance Services LLCQueens, New York, United States (USA)11-501987Private
Transworld IncQueens, New York, United States (USA)51-2002008Private
Stahlka Agency Inc.Williamsville, New York, United States (USA)11-501957Family Owned
Briceland Angency, IncBuffalo, New York, United States (USA)11-501965Private
Parsons & Associates, Inc.Syracuse, New York, United States (USA)11-501930Family Owned
BFG - Brooklyn Financial GroupBrooklyn, New York, United States (USA)11-501979Private
William A. Smith & Son, Inc.Newburgh, New York, United States (USA)11-501928Private
Cambridge Insurance AdvisorsNew York, New York, United States (USA)11-501989Private


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