MONY Boosts COLI/BOLI.Cash Values: MONY MONY Mutual of New York (Insurance - Syracuse, NY) Life Insurance Co., New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , has enhanced the cash surrender value The amount of money that an insurance company pays the insured upon cancellation of a life insurance policy before death and which is a specific figure assigned to the policy at that particular time, reduced by a charge for administrative expenses. of its corporate-sponsored variable universal life product to provide customers with better balance-sheet management. In the first policy year, the surrender value will increase by about 5%. In years two and three, it increases by as much as 7%. MONY's products offer flexible death benefits, flexible premium payments and numerous investment options and liquidity features. |
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