08/01/2024 | Press release | Distributed by Public on 08/01/2024 04:37
Flexible Premium Variable Universal Life
Market Wealth Plus
New York Life Survivorship Variable Universal Life Accumulator
New York Life Variable Universal Life Accumulator
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New York Life Variable Universal Life Accumulator II
New York Life Variable Universal Life Accumulator Plus
NYLIAC Variable Universal Life 2000
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1. |
The Fidelity
®
VIP Extended Market Index Portfolio - Initial Class will have the following change:
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a. |
Current Expenses:
In the "Appendix of Eligible Portfolios Available Under the Policy," the current expense of "0.13%" for the Fidelity
®
VIP Extended Market Index Portfolio - Initial Class is deleted and replaced with "0.12%".
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2. |
The Fidelity
®
VIP International Index Portfolio - Initial Class will have the following change:
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a. |
Current Expenses:
In the "Appendix of Eligible Portfolios Available Under the Policy," the current expense of "0.17%" for the Fidelity
®
VIP International Index Portfolio - Initial Class is deleted and replaced with "0.16%".
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3. |
In the "IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT THE POLICY" section of the Prospectus under "Fees and Expenses", the Minimum percentage relating to the "Investment options (Eligible Portfolio fees and expenses)" of "0.13%" is deleted and replaced with "0.12%".
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4. |
In the "TABLE OF FEES AND EXPENSES" section of the Prospectus under "Annual Portfolio Expenses", the Minimum percentage relating to the "Total Annual Portfolio Operating Expenses" of "0.13%" is deleted and replaced with "0.12%".
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5. |
In the "CHARGES UNDER THE POLICY" section of the Prospectus under "Fund Charges", the Minimum percentage relating to the "Total Annual Fund Companies' Operating Expenses" of "0.13%" is deleted and replaced with "0.12%".
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