Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Life Insurance

AEGON Units Bring Out VUL Policy

Your article was successfully shared with the contacts you provided.

NU Online News Service, Feb. 11, 2:52 p.m. – U.S. units of AEGON N.V., The Hague, Netherlands, are introducing a new variable-universal life policy, the TransAccumulator VUL policy.

The policy offers a choice of 24 investment choices. Policyholders can make 18 free transfers between investment options each policy year.

One of the optional riders allows policyholders to continue the full death benefit past age 100.

AEGON is issuing the new policy through Transamerica Occidental Life Insurance Company, Cedar Rapids, Iowa, and marketing it through the Transamerica Insurance & Investment Group, Los Angeles.

Transamerica Occidental says it has the approvals it needs to sell the new VUL policy in 43 U.S. jurisdictions.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.