Liquidation: CORPORATE SPONSORED VUL SEPARATE ACCOUNT I

Form Type: 497

Filing Date: 2025-06-30

Corporate Action: Liquidation

Type: Update

Accession Number: 000119312525152130

Filing Summary: The document is a supplement dated June 30, 2025, concerning the NYLIAC Corporate Sponsored Variable Universal Life Separate Account I. It announces the hard close and liquidation of the Victory RS International VIP Series. The hard close will occur on or about August 22, 2025, during which no new premiums or transfers will be accepted. Following the liquidation on or about August 28, 2025, remaining cash values in the Victory Series will be transferred to the Fidelity VIP Government Money Market Portfolio without incurring fees or tax liabilities for policyowners. Prior to liquidation, policyowners may transfer allocations without charge. The document outlines the process for transfers and confirms policy values remain unchanged following these transactions. It emphasizes that all references to the Victory Series will be removed from the Prospectus after the liquidation date.

Form Type: 497

Filing Date: 2025-06-30

Corporate Action: Liquidation

Type: New

Accession Number: 000119312525152146

Filing Summary: This document serves as a supplement to the prospectuses for various variable universal life insurance policies offered through the NYLIAC Corporate Sponsored Variable Universal Life Separate Account-I. It announces the hard close and subsequent liquidation of the Victory RS International VIP Series. The hard close is set for August 22, 2025, after which no premiums or transfers will be accepted into this investment division. On the liquidation date, which is scheduled for August 28, 2025, any remaining cash value in the Victory Series will be transferred into the Fidelity VIP Government Money Market Portfolio. Policy owners can transfer allocations away from the Victory Series without fees until the liquidation date. The document assures that policy values remain unchanged, and there will be no tax liabilities or charges from this transfer. All references to the Victory Series will be removed from the prospectus following the liquidation.

Form Type: 497

Filing Date: 2025-06-30

Corporate Action: Liquidation

Type: Update

Accession Number: 000119312525152154

Filing Summary: The document is a supplement to the prospectuses for the NYLIAC Corporate Sponsored Variable Universal Life Separate Account-I and related policies. It announces the hard close and liquidation of the Victory RS International VIP Series, effective August 22, 2025, and August 28, 2025, respectively. From August 22, 2025, no premiums or transfers will be accepted into the Victory Series. Any remaining cash value will be automatically transferred to the Fidelity® VIP Government Money Market Portfolio if policy owners do not act before the liquidation date. The document details the process for transferring allocations prior to the liquidation without incurring fees and clarifies that the redemption and subsequent repurchase will not affect policy values or death benefits. It assures policyholders of continued processing of premium payments and outlines the options available after the liquidation date, including a 60-day period for further transfers without restrictions.

Form Type: 497VPI

Filing Date: 2025-06-30

Corporate Action: Liquidation

Type: New

Accession Number: 000119312525152204

Filing Summary: This supplement announces the hard close and liquidation of the Victory RS International VIP Series. The hard close is set for August 22, 2025, after which no premiums or transfers can be accepted into the series. On August 28, 2025, any balances not transferred by policyowners will be automatically moved to the Fidelity® VIP Government Money Market Portfolio. Policyowners can transfer their investments before the hard close without incurring charges. Following liquidation, all references to the Victory Series will be removed from the policy documents, and policyowners may continue to process premium payments, which will then be directed to the new replacement portfolio. Transfers to the replacement portfolio will not count against the annual limit of free transfers. All changes are aimed at maintaining policy value and ensuring smooth transitions for affected policyowners.

Form Type: 497VPU

Filing Date: 2025-06-30

Corporate Action: Liquidation

Type: Update

Accession Number: 000119312525152205

Filing Summary: This document serves as a supplement to the prospectuses for the NYLIAC Corporate Sponsored Variable Universal Life Separate Account-I, detailing significant changes regarding the Victory RS International VIP Series. The Victory Series will undergo a Hard Close on or around August 22, 2025, during which no premiums or transfers will be accepted. Following this, a liquidation is scheduled for on or about August 28, 2025, with policies that have not been transferred moving automatically into the Fidelity VIP Government Money Market Portfolio. Policyholders can transfer funds from the Victory Series to other investment options without incurring charges until the Hard Close. After the liquidation, all references to the Victory Series will be removed from policy documentation, and policyholders will retain the same Cash Value immediately before and after the liquidation, although the number of Accumulation Units may vary. Premium payments will continue to be processed as instructed from that point onward.

Form Type: 497VPU

Filing Date: 2025-06-30

Corporate Action: Liquidation

Type: Update

Accession Number: 000119312525152206

Filing Summary: The Victory RS International VIP Series will undergo a Hard Close on August 22, 2025, where no further premiums or transfers will be accepted. Following this, a liquidation of the series is scheduled for August 28, 2025. Any remaining cash value in the Victory Series will be automatically transferred to the Fidelity® VIP Government Money Market Portfolio on the Liquidation Date, with no fees or tax implications for policyholders. Prior to liquidation, policyholders can transfer their allocations to other investment options without charges. After liquidation, policyholders can transfer cash values from the new portfolio without incurring charges for sixty days. The changes will not affect the death benefits or cash values of the policies.