For the Nassau County assessment roll and for the New York City assessment roll the residential properties for the residential ratio are designated as major type 1 (real property class 1) instead of as major type A.
A. The death benefit is a lump sum, paid upon the death of a person who worked long enough to qualify for Social Security benefits. It goes to a surviving spouse who was living in the person's household at the time of death, or, if living apart, was receiving certain Social Security benefits on the deceased's record.
Universal life is a form of permanent insurance. This type of insurance provides the security of a guaranteed death benefit. However unlike whole life policies, universal life accumulates a return on a portion of the paid premiums. After you pass, the benefit is paid to your beneficiaries tax-free. One of the many benefits of universal life is its flexibility.