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New York Life Insurance Company (NYLIC) is the third-largest life insurance company and the largest mutual life insurance company in the United States, and is ranked #71 on the 2023 Fortune 500 list of the largest U.S. corporations by total revenue.
The Mutual Life Insurance Company of New York (also known as Mutual of New York or MONY) was the oldest continuous writer of insurance policies in the United States. Incorporated in 1842, it was headquartered at 1740 Broadway, before becoming a wholly owned subsidiary of AXA Financial, Inc. in 2004.
He sold life insurance policies with a total face value of about $1.5-billion for New York Life from 1942 to his death in 1993. He once held the world record for the most products sold (by value) by a salesman in a career, a year ($100,000,000), and in a single day ($20,000,000).
Michael Russo, an agent with the New Jersey General Office of New York Life, is authorized to offer life insurance endorsed by AARP to AARP members.
The Community Impact Grant program awards grants of up to $25,000 to local nonprofit organizations, which are championed by New York Life agents and employees.
MetLife's individual life insurance products and services comprise term life insurance and several types of permanent life insurance, including whole life, universal life, and final expense whole life insurance.
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