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AIG Life Introduces VUL Policy

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NU Online News Service, June 22, 11:15 a.m. – American International Group Inc., New York, says its AIG Life Companies unit has introduced Gemstone Life, a new variable universal life insurance policy.

The VUL policy offers 33 investment options and an option that encourages dollar-cost averaging from a fixed account.

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AIG Life sells the policy in most states. A sister company sells the policy in New York.