Master Trust
New Life complies with all state reserve requirements by maintaining segregated reserve funds in a Master Trust Account for the purpose of securing its financial obligations.
Investment Policy
New Life’s assets are invested in accordance with the provisions of the “Uniform Prudent Investor Act.” The following objectives are pursued in order of priority:
- Safety of Principal
- Income
- Liquidity
- Growth
New Life now reinsures most planned giving programs. All annuities are purchased from insurance companies rated at least “A” or better by A.M. Best.
*Not FDIC insured or insured by any federal of state government agency.