Talk to Us
»

Consult an Agent


  • Why?
  • (please click only once)

  • * = required

     
Save Print

Corporate Sponsored Life Insurance

New York Life Insurance and Annuity Corporation (NYLIAC) offers a comprehensive portfolio of innovative insurance products designed to provide key employees with life insurance coverage, as well as estate and retirement planning alternatives. The Corporate Sponsored product line is specially designed to provide informal funding for nonqualified executive benefit programs, such as Deferred Compensation Plans, Supplemental Executive Retirement Plans (SERP), After-Tax and Split Dollar Plans. The product line is comprised of the NYLIAC CorpExec Universal Life Insurance (CEUL), the NYLIAC CorpExec Variable Universal Life Insurance (CEVUL), and the NYLIAC CorpExec Accumulator Variable Universal Life Insurance (CEAVUL).

  • NYLIAC CorpExec Universal Life
    CEUL is intended to be employer owned and is designed to offer highly flexible permanent life insurance protection. CEUL can be customized to meet specific needs through a variety of policy features.
  • NYLIAC CorpExec Variable Universal Life Series VI
    CEVUL VI is intended to be employer owned and is designed to offer highly flexible permanent life insurance protection with the potential to accumulate cash value through the Investment Divisions in the policy. CEVUL VI can be customized to meet specific needs through a variety of policy features. Investment returns for a variable universal life insurance policy are not guaranteed and policy values will fluctuate.
  • NYLIAC CorpExec Accumulator Variable Universal Life
    CEAVUL is intended to be employee owned and is designed to offer key employees highly flexible permanent life insurance protection with the potential to accumulate cash value through the Investment Divisions in the policy. CEAVUL can be customized to meet specific needs through a variety of policy features. Investment returns for a variable universal life insurance policy are not guaranteed and policy values will fluctuate.

To obtain copies of the VUL policy prospectuses, please click on the links to the two VUL policies described above. Please consider the investment objectives, risks, charges and expenses of a VUL policy carefully before investing. The prospectus for the policy contains this and other information about the product and its underlying investment options. Please read the prospectus carefully before investing. Please note that a VUL policy involves insurance-related fees and charges such as mortality and expense risk charges, surrender charges, cost of insurance charges, administrative charges, and fund expense charges.

Issued by: New York Life Insurance and Annuity Corporation
(A Delaware Corporation)
51 Madison Avenue
New York, NY 10010

Distributed by: NYLIFE Distributors LLC
Member FINRA/SIPC
169 Lackawanna Avenue
Parsippany, NJ 07054

NYLIAC and NYLIFE Distributors LLC are both wholly owned subsidiaries of New York Life Insurance Company, 51 Madison Avenue, New York, NY 10010.

Comments

We want to make sure you receive a response to any service or policy-related questions as quickly as possible. To help us help you, please do not use the comment field below to submit these types of questions. Instead, please click here to access the Virtual Service Center and ask your question.

        Disqus

All comments are moderated by New York Life and will not appear on this story until after they have been reviewed and deemed appropriate for posting. Opinions expressed in posts are those of the respective authors and do not represent the official position of New York Life.