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You can use your dividend to purchase additional life insurance, which will increase your cash value, or you can also use it to offset the cost of your insurance premiums.
The most efficient way to build your annual dividends into your financial strategy is to work directly with a New York Life financial professional. You have options on how you choose to use a dividend, so it makes sense to get some guidance from an expert who can help you optimize your financial growth over time with the right savings vehicles.
Getting the most out of your New York Life solutions will put you on the path to a secure and comfortable future.