SUPPLEMENT DATED OCTOBER 1, 2025
To the Prospectuses and Summary Prospectuses dated May 1, 2025, as amended, for
New York Life Insurance and Annuity Corporation
(“NYLIAC”)
Corporate Executive Series Variable Universal Life Insurance Policies
CorpExec VUL II-V (“CEVUL II-V”)
CorpExec VUL VI (“CEVUL VI”)
CorpExec VUL Plus (“CEVUL Plus”)
INVESTING IN
NYLIAC Corporate Sponsored Variable Universal Life Separate
Account−I
This supplement amends the prospectuses,
initial summary prospectuses, and updating summary prospectuses, as amended (each a “Prospectus,” and together, the “Prospectuses”) for the variable
universal life policies referenced above offered through the NYLIAC Corporate Sponsored Variable Universal Life Separate Account-I. You should read this information carefully and retain this supplement for future reference, together with the Prospectus for your policy.
This supplement is not valid unless it is read in conjunction with the Prospectus for your policy. All capitalized terms
used but not defined herein have the same meaning as those included in the Prospectus.
Macquarie Group Limited announced the sale of the U.S. and European public investments business of Macquarie
Asset Management to Nomura Holding America Inc. (“Nomura”). Subject to the receipt of applicable regulatory approvals, the transaction is expected to close on or about October 31, 2025 (the “Closing Date”). As a result, the
following changes will become effective on or about the Closing Date:
I.
PORTFOLIO NAME CHANGES
|
|
|
Macquarie VIP Emerging Markets Series — Standard
Class |
Nomura VIP Emerging Markets Series — Standard
Class |
Macquarie VIP Small Cap Value Series — Standard
Class |
Nomura VIP Small Cap Value Series — Standard Class |
Macquarie VIP International Core Equity Series —
Standard Class |
Nomura VIP International Core Equity Series — Standard Class |
Any reference to “Delaware Management Company, a series of Macquarie
Investment Management Business Trust,” the adviser to the Portfolios listed above, in your Prospectus is deleted and replaced with “Delaware
Management Company, a series of Nomura Investment
Management Business Trust.”
Any reference to “Macquarie Investment Management Global
Limited,” the subadviser to the Portfolios listed above, in your Prospectus is deleted.
The other sections of your Prospectus remain
unchanged.