New York Life offers two single premium life insurance products.
NYLIAC Asset Preserver®
NYLIAC Asset Preserver® has been specifically designed to meet the needs of today's consumers
seeking to protect their assets from depletion due to the potentially overwhelming cost of long-term care (LTC). NYLIAC Asset
Preserver is an innovative single premium universal life insurance policy with
the option to access the death benefit on a tax-free basis during the insured's lifetime to help cover the cost of long-term
care. The death benefit remaining in the policy at the death of the insured is passed to beneficiaries as life insurance
proceeds, generally free of income tax.
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NYLIAC Single Premium Variable Universal Life (SPVUL)
SPVUL provides permanent life insurance for the investment-minded, in one convenient payment. Your money goes to work for you right away. And, you decide how to allocate premium dollars among professionally managed investment options and a fixed account. Essentially, you have the best of both financial worlds.
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NYLIAC Instant Legacy
For more information, please use the links above, contact your NYLIFE Securities(A Licensed Insurance Agency), registered representative, or call 1-800-NYLIFE-8 for a prospectus which contains complete information regarding charges and expenses. Read this prospectus carefully before purchasing a contract.
SPVUL is issued by New York Life Insurance and Annuity Corporation (A Delaware Corporation) and distributed by NYLIFE Distributors LLC, Member FINRA, 51 Madison Avenue, New York, NY 10010.
Consult a Life Insurance Agent
At no charge to you, a New York Life agent — professionally trained and experienced — can help you analyze your needs and recommend appropriate solutions through insurance and financial products and concepts. Click here to request a no obligation review with a New York Life agent.
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