The interest crediting rate for NYL Premium Deposit Account (PDA) increased from 2.5% to 2.75%.
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.
With NFG Brokerage, you no longer need to depend on a one size fits all approach. We work hard for you to create customized insurance strategies to help you deliver the most affective solutions to your clients. Your success is our success...don't delay!
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.