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| Home » Top Life Insurance Companies » New York Life Insurance |
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New York Life Insurance |
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New York Life Insurance is one of the famous insurance companies of United states. It is the largest mutual life insurance company in the country. The company offers wide ranges of services to their customers. The offer various types of security services and mutual funds. The quality service and their wide array of options has given the company the highest rating standard. Today the company is one of three companies holding the highest possible rating.
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New York Life Insurance was founded in 1845 as Nautilus Insurance Company. The company was renamed in 1849 as New York Life Insurance. The company is based in New York city. The company was expended by Darwin P. Kingsley. He also came up with many new types of Insurance. The company sells long term care insurance, annuities, mutual funds, etc. Their New York Life Investment Management LLC offers retired plan services and institutional asset management. The company is also listed in the Fortune 100.
In 2006 the company earned revenue of about $28.3651 billion. They offer many categories in life and health insurance. Internationally the company is aiming to open branches in many parts of the world. These days life insurance has become a very important matter. They provide very interesting rates on life insurance policies. New York Life Insurance offer both term life insurance and permanent life insurance. Term life insurance offers security for a pre-defined period of time.
Permanent life insurance offered by the New York Life Insurance includes whole life insurance and universal life insurance. These two are used for long term. The two important categories of this insurance are variable and fixed. One can get many types of permanent life insurance and each insurance carry its own unique features. For all these types of life insurance policies provided by the company carries different terms and conditions.
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