CorpExec Accumulator Variable Universal Life (CEAVUL).

Designed for highly compensated professionals and key company employees, NYLIAC’s CorpExec Accumulator (CEAVUL) is available only through corporations and made available to their most important employees. CEAVUL is a variable universal life insurance product that combines essential life insurance coverage with the potential to accumulate cash value in the early policy years as well as complement traditional sources of retirement income in the later years. CEAVUL policies are individually owned and portable. CEAVUL is available on guaranteed issue, simplified issue, and medically underwritten basis.

Form Number: 309-20, STR 309-360, OLP 309-994, in Oregon: 309-20.27, STR 309-360.27 and OLP 309-994.27.

Product available in all jurisdictions. Consult the policy and prospectus for any state variations.The cash value of a VUL policy fluctuates; investment losses in the investment divisions are possible. Investors are asked to consider the investment objectives, risks, and charges and expenses of the investment carefully before investing. Both the product prospectus and the underlying fund prospectuses contain this and other information about the product and underlying investment options. You may also request a product prospectus by calling 1-888-695-4748. You should read the product prospectus and underlying prospectuses carefully before investing.

Issued by New York Life Insurance and Annuity Corporation (NYLIAC) and distributed by NYLIFE Distributors LLC (member FINRA/SIPC). Both NYLIAC and NYLIFE Distributors are wholly owned subsidiaries of New York Life Insurance Company, 51 Madison Avenue, New York, NY 10010.