Friday, October 13, 2006

 

New York Life Introduces New Life Insurance Product With Instant Legacy Feature

New York Life Insurance and Annuity Corporation today announced the introduction of NYLIAC Instant Legacy, a single premium universal life insurance policy which gives customers the flexibility to easily convert and transfer their “rainy day” assets, from various savings, money market accounts and Certificates of Deposit, into a life insurance policy that leverages these funds in the form of a death benefit easily passed on to their heirs.

New York Life Introduces New Life Insurance Product With Instant Legacy Feature
Source: Business Wire

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