In a recent SEC filing, New York Life Insurance & Annuity Corporation submitted Form 497 for their Variable Universal Life Separate Account I. This filing is significant as it provides investors with detailed information about the investment options, fees, and performance of the variable universal life insurance policy offered by the company. Variable universal life insurance policies allow policyholders to allocate premiums to a variety of investment options, offering the potential for growth through the market.
New York Life Insurance & Annuity Corporation is a well-known insurance company that provides a range of insurance and investment products to individuals and businesses. As a subsidiary of New York Life Insurance Company, one of the largest mutual life insurance companies in the United States, New York Life Insurance & Annuity Corporation has a strong reputation for financial stability and customer service. For more information about the company and its offerings, you can visit their website at New York Life Insurance & Annuity Corporation.
Form 497 is a filing required by the Securities and Exchange Commission (SEC) for variable annuity and variable life insurance contracts. It provides detailed information about the contract, including fees, charges, and investment options, to help investors make informed decisions. Investors should review Form 497 carefully to understand the terms and features of the variable universal life insurance policy offered by New York Life Insurance & Annuity Corporation.
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