New York Life Legacy Creator Single Premium Variable Universal Life (SPVUL).

New York Life Legacy Creator (SPVUL) is a flexible, single premium variable universal life insurance product that offers death benefit protection and the potential for tax’deferred cash value accumulation through policy investment options. Your single premium payment is immediately leveraged into a life insurance benefit.

Some of the benefits of New York Life Legacy Creator SPVUL include:

  • Fast and easy underwriting approval process. Answer a simple questionnaire to find out if you are preapproved for the policy; no medical examinations are required.
  • A Guaranteed death benefit. Your beneficiaries are guaranteed1 to receive a life insurance benefit that is never less than the adjusted total premiums paid.2
  • Generally income tax–free distribution3 of the policy’s death benefit. Help leave more of your assets to your beneficiaries in a way that they pay less federal income taxes on your legacy.

Product is available in all states except California.

New York Life Legacy Creator SPVUL brochure

New York Life Legacy Creator SPVUL Performance Summary

New York Life Legacy Creator Single Premium Variable Universal Life (SPVUL) Accumulation Unit Values

Investors are asked to consider the investment objectives, risks, charges, and expenses of the investment carefully before investing. You can request a prospectus from your Registered Representative. Both the product and the underlying fund prospectuses contain this and other information about the product and underlying investment options. Please read the prospectus carefully before investing. A VUL policy involves insurance-related fees and charges such as a mortality and expense risk charges, surrender charges, cost of insurance, administrative charges, and underlying fund charges.


Further Reading