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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.
Founded in 1986, New York Life Investments provides investment advisory services to financial advisors and their clients. An independent subsidiary of New York Life Insurance Company, over the years New York Life Investments has added to its boutique of investment advisors.
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Types of life and health insurance policies offered include term life, whole life, universal life, variable universal life, accidental death, and final expense. Transamerica companies also offer a variety of mutual funds and annuities.
Annuities allow individuals to pay upfront or over time to receive a consistent income stream. Because they provide predictable income, annuities are a popular approach to securing retirement...
If you have an existing annuity or cash-value life insurance contract that no longer fits your needs, you can exchange it for a better-suited policy without unnecessary taxes.