When securing your family’s future, it is important to work with a company you can trust. New York Life and its family of companies have provided millions of clients with greater financial security through our insurance and investment products. With an untarnished history of integrity and financial strength, we stand strong and ready to meet our promises— now and in the future.
Here for you. Here for good.
Protect. Grow. Enjoy.
New York Life Variable Universal Life Accumulator II
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A history of financial strength and promises honored.
Safeguard your loved ones with life insurance protection, while enjoying the opportunity to grow tax-advantaged assets.
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New York Life Insurance Company
51 Madison Avenue
New York, NY 10010
www.newyorklife.com
14349.042024 SMRU7753548 (Exp. 3.24.2027)
Variable universal life provides a life insurance benefit in exchange for flexible premiums. The policy’s cash value will fluctuate, including investment gains and losses. Mortality and expense risk charges, cost of insurance charges, per thousand face amount charges, monthly contract charges, fund fees, and any applicable surrender charges apply.In most jurisdictions, the form number for the New York Life Variable Universal Life Accumulator II is ICC17-317-30 (state variations may apply).
Issued by New York Life Insurance and Annuity Corporation (A Delaware Corporation) and distributed by NYLIFE Distributors LLC. Securities are offered by properly licensed registered representatives through NYLIFE Securities LLC (Member FINRA/SIPC), A Licensed Insurance Agency. Both NYLIAC, NYLIFE Distributors LLC, and NYLIFE Securities LLC are wholly owned subsidiaries of New York Life Insurance Company.
© 2025, New York Life Insurance Company. All rights reserved. NEW YORK LIFE and the NEW YORK LIFE Box Logo are trademarks of New York Life Insurance Company.
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New York Life Variable Universal Life Accumulator II
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For those who want to protect their loved ones with life insurance, and also grow their assets through market participation, the New York Life Variable Universal Life Accumulator II provides opportunities that address a variety of goals.
Life insurance protection for your family. Growth opportunities for your assets.
Care for your loved ones
Care for your loved ones through life insurance protection. The decision you make today can help safeguard their tomorrow.
Invest in the growth potential of the markets and put your money to work for you right now. Over the long term, that investment can help grow assets for future big-ticket items like college funding, large family celebrations, retirement income, or even a larger financial legacy.
Limit the effects of income taxes. Tax deferral allows more money to stay in your policy with the opportunity for growth. Later, the policy’s cash value may provide a source of tax-free income. Perhaps best of all, your policy may provide a federal income tax-free death benefit for those you love.
Invest in the growth potential of the markets
Limit the effects of income taxes
New York Life Variable Universal Life Accumulator II helps you protect those who matter most, while investing for growth of your assets.
One of the most important responsibilities you can honor is protecting your loved ones by preparing for the unexpected. The choice is yours. Select the type of legacy protection that best accommodates your goals. And if you’re not sure, talk it over with your New York Life financial services professional.
Protection for those who matter most.
Option 2
Option 1
Option 2
Option 1
The amount generally equals the face amount you select when you purchase the policy. As the benefit remains level, this option may be more cost effective.
A level benefit.
The amount generally equals the face amount plus the policy’s cash value. As the death benefit has the potential to grow, this option may be appealing to those who want to invest more to help maximize their cash value accumulation.
A fluctuating benefit.
The option 2 benefit amount is not guaranteed and will rise and fall depending on the policy’s investment performance.
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Professional money managers
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With greater demands on the money you earn, and the prospect of greater inflation ahead, saving money over the long term—on a tax-deferred basis—serves an important need.
Opportunity to grow assets for a more fulfilling financial future.
Our investment platform includes several well-known money managers. Build your own portfolio, or keep it simple and choose from among five optimized, preconstructed model portfolios.
Decades of proven financial strength
New York Life Insurance Company has been in business for more than 175 years and is the largest mutual life insurance company in the United States.
175+ years
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Reduce the effects of income taxes, which can erode your returns—and your financial legacy.
Share
Spend
Grow
Chances are you want to share a legacy with those you love—not with the federal government. Typically, the death benefit passes to beneficiaries federal income tax free.
When it’s time to share.
Income tax-free death benefit
Tax-deferred earnings
Any earnings will benefit from tax deferral. This means money that would have gone to paying taxes stays in the policy instead, with the potential to grow.
When it’s time to grow.
Tax-free access to cash value
The policy’s cash value can help pay for big-ticket items like college funding, mortgage payments, or even extra income during retirement.
When it’s time to spend.
Markets go up and down. Your needs change over time. Take comfort in features that make this a long-term solution that works for you.
Confidence through flexibility and risk management.
Investment features that help manage volatility
Features that afford choice and flexibility
A Fixed Account offers a guaranteed interest rate for a portion of your investment.
The Dollar Cost Averaging Plus and Dollar Cost Averaging Extension accounts may allow you to earn a guaranteed interest rate as your money enters the market strategically over time.
Optional riders can enhance and safeguard your policy and may be available at an additional cost.
Investment features that help manage volatility
Features that afford choice and flexibility
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Important Information
Additional features to consider.
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1 Based on revenues as reported by “Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual),” Fortune, June 5, 2023. For methodology, please see http://fortune.com/fortune500/
2 Source: https://www.newyorklife.com/about/our-strength/what-rating-agencies-say
4 When structured properly, variable universal life allows for tax-free income as loans and withdrawals. Loans and withdrawals reduce the available cash surrender value and life insurance benefit amount. If earnings are withdrawn, ordinary income taxes and surrender charges may apply; if the policy is a modified endowment contract, loans may also be taxable and a 10% IRS penalty tax may apply. Loans accrue interest. If you want to access the cash value of your policy through withdrawals or loans, you can work with your registered representative so the policy avoids lapsing. (A “lapse” means that the policy would have no value and pay no death benefit.) A policy can lapse if it is not sufficiently funded and managed.
3 Generally, the life insurance benefit will pass to a beneficiary federal income tax free. When structured properly, variable universal life allows for tax-free loans and withdrawals. Loans and withdrawals reduce the available cash surrender value and life insurance benefit. Withdrawals may be subject to surrender charges, and loans accrue interest.
5 Increases in coverage are subject to underwriting (they also result in additional insurance charges and will extend or start a new surrender charge period), while decreases in coverage may be subject to surrender charges. You can determine the amount and timing of your premium payments, within limits.
6 This policy is not designed as a vehicle for market timing. Your right to make transfers under the policy is subject to modification if we determine, in our sole opinion, that the exercise of that right will disadvantage or potentially hurt the rights of other policy owners.
7 Dollar-cost averaging does not guarantee a profit or protect against risk. You should consider your ability to continue purchasing shares during periods of market volatility. If elected, a minimum of $1,000 of the initial net premium must be allocated to the DCA Plus Account; the minimum premium for the DCA Extension Account is $10,000. For automatic asset rebalancing, the separate account value must be $2,500 or more, and for interest sweep, the Fixed Account assets must be $2,500 or more.
8 Not guaranteed, except in New York.
9 Once money is transferred into the investment options, it will be subject to market risk and will fluctuate in value, including gains and losses. If needed, full withdrawals are allowed and will incur a 10% withdrawal penalty applied to the remaining balance in the PDA. Interest earned each year on assets in the PDA is taxable and will be reported to the IRS on Form 1099-INT.
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America’s largest mutual life insurer
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Fortune 100 company
Benefit
Optional riders.
Customize your policy to fit your unique set of needs. From policy flexibility to expanded protection, your New York Life agent can help you put together a policy that is right for you and your loved ones.
Benefit
Optional riders.
Feature
Benefit
Interest sweep.
Puts any interest earned from the Fixed Account to work for you in the investment options you select.
Benefit
Interest sweep.
Feature
Benefit
Persistency credit.
A credit for continuing your coverage helps grow your cash value. Available beginning in year 11 of your policy.
Benefit
Persistency credit.
Feature
Benefit
Automatic portfolio rebalancing.
The ability to help keep the asset mix you select in line and on track over time.
Benefit
Automatic portfolio rebalancing.
Feature
Benefit
The DCA Extension Account.
Allows investors to enter the market strategically over a longer time period while earning a guaranteed interest rate.
Benefit
The DCA Extension Account.
Feature
Benefit
The DCA Plus Account.
The ability to earn a guaranteed interest rate while systematically entering the market over the first 12 months of the policy.
Benefit
The DCA Plus Account.
Feature
Benefit
Tax-free transfers.
As the markets and your investment horizon change, so too can your allocations. You may transfer among investment options without worrying about tax consequences.
Benefit
Tax-free transfers.
Feature
Benefit
Over 85 investment options from professional money managers.
A broad selection of funds to construct a diversified portfolio.
Benefit
Over 85 investment options from professional money managers.
Feature
Benefit
Part of a family of companies that boast an unparalleled history and an outstanding record of financial strength.
Confidence in the guarantees we offer and the promises we make.
Benefit
Part of a family of companies that boast an unparalleled history and an outstanding record of financial strength.
Feature
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Increase or decrease the amount of protection you want at any time.
Choose the death benefit that fits your legacy goals.
Select your own investment options, or keep it simple and opt for a preconstructed model portfolio.
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Set up a premium payment plan that works for you, and adjust it as needed.
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Benefit
The Premium Deposit Account (PDA).
The PDA offers a convenient way to prepay future premiums with a single deposit that earns an attractive, guaranteed interest rate. The guaranteed interest is then applied to your premiums and lowers the out-of-pocket cost of your life insurance protection.
Benefit
The Premium Deposit Account (PDA).
Feature
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As with most investments, there are fees, expenses, and risks associated with variable universal life policies.
Please consider the investment objectives, risks, and expenses before investing. The product and underlying fund prospectuses contain this and other information and can be obtained from your New York Life financial services professional. Please read the prospectuses carefully before investing.
All guarantees are dependent on the claims-paying ability of the issuer and do not apply to assets in the Investment Divisions as they are subject to market fluctuations, including gains and losses.
The Fidelity Investments logo is a registered service mark of FMR LLC. Used with permission. BLACKROCK is a registered trademark of BlackRock Inc. or its subsidiaries in the U.S. or elsewhere. All trademarks are those of their respective owners and are used with permission.
All guarantees are dependent on the claims-paying ability of the issuer and do not apply to assets in the Investment Divisions as they are subject to market fluctuations, including gains and losses.
Please consider the investment objectives, risks, and expenses before investing. The product and underlying fund prospectuses contain this and other information and can be obtained from your New York Life financial services professional. Please read the prospectuses carefully before investing.
Additional features to consider.
Benefit
The Premium Deposit Account (PDA).
Benefit
Optional riders.
Benefit
Interest sweep.
Benefit
Persistency credit.
Benefit
Automatic portfolio rebalancing.
Benefit
The DCA Extension Account.
Benefit
The DCA Plus Account.
Benefit
Tax-free transfers.
Benefit
Over 85 investment options from professional money managers.
Benefit
Part of a family of companies that boast an unparalleled history and an outstanding record of financial strength.
The PDA offers a convenient way to prepay future premiums with a single deposit that earns an attractive, guaranteed interest rate. The guaranteed interest is then applied to your premiums and lowers the out-of-pocket cost of your life insurance protection.
Benefit
9
The Premium Deposit Account (PDA).
Feature
Customize your policy to fit your unique set of needs. From policy flexibility to expanded protection, your New York Life agent can help you put together a policy that is right for you and your loved ones.
Benefit
Optional riders.
Feature
Puts any interest earned from the Fixed Account to work for you in the investment options you select.
Benefit
Interest sweep.
Feature
7
A credit for continuing your coverage helps grow your cash value. Available beginning in year 11 of your policy.
Benefit
8
Persistency credit.
Feature
8
The ability to help keep the asset mix you select in line and on track over time.
Benefit
Automatic portfolio rebalancing.
Feature
7
Allows investors to enter the market strategically over a longer time period while earning a guaranteed interest rate.
Benefit
The DCA Extension Account.
Feature
7
The ability to earn a guaranteed interest rate while systematically entering the market over the first 12 months of the policy.
Benefit
The DCA Plus Account.
Feature
7
As the markets and your investment horizon change, so too can your allocations. You may transfer among investment options without worrying about tax consequences.
Benefit
Tax-free transfers.
Feature
6
A broad selection of funds to construct a diversified portfolio.
Benefit
Over 85 investment options from professional money managers.
Feature
Confidence in the guarantees we offer and the promises we make.
Benefit
Part of a family of companies that boast an unparalleled history and an outstanding record of financial strength.
Feature
Variable Universal Life Accumulator II
www.newyorklife.com/about/our-strength/what-rating-agencies-say