New York Life – Premium Deposit Account – Crediting Rate Increased to 3.25%
- April 4, 2022
- Carrier News, Life Insurance
Effective 04/01/2022
From New York Life
The interest crediting rate for our Premium Deposit Account (PDA) increased from 2.75% to 3.25%.
The New York Life Custom Whole Life or Custom Survivorship Whole Life policy provides lifelong death benefit protection, as long as you pay your premiums when they are due, and it offers a range of features and benefits designed to help you meet your unique life insurance needs. Now, with our Premium Deposit Account, it’s easier than ever to pay Custom Whole Life annual premiums while also earning interest on your money.
Attached is an FAQ sheet along with a client flier with more information on how the PDA works.
[fivo_docs title=”PDA – Client Info” ids=”5958″] [fivo_docs title=”PDA-FAQ” ids=”5964″]
- April 4, 2022
- Benkis Barrueta
- Carrier News, Life Insurance
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