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New York Life Insurance Forms Election of Dividend Option

New York Life Insurance Forms Election of Dividend Option

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[Music] reality can mean a lot of things but it means even more when you own a participation whole life policy from New York life it means you're part of the New York Life family and while dividends are not guaranteed we've paid them to policy owners even in the toughest of times how do we figure out our dividend payments u.s. it comes down to three things first and most important our prudent investment strategy where we invest premiums in a mostly bond based portfolio second whether or not the death benefits we pay is different from what we anticipated and like any other company our operating costs taxes and expenses at the end of every year we crunch these numbers and since we have a diverse business strategy our other lines of business can contribute to dividends as well this is where our mutuality really comes into play you see we don't have shareholders but we can manage every dollar of the value we create with the long-term interest of our policy owners in mind whether it's throu

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