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ING Unit Adds VUL Policy

By Staff Writer

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NU Online News Service, Feb. 11, 12:51 p.m. – Security Life of Denver Insurance Company, a unit of ING Groep N.V., Amsterdam, is offering a new variable universal life insurance policy, the Strategic Investor VUL policy.

Security Life plans to sell the policy to individual investors and owners of small and midsize businesses through independent financial advisors.

Policy features include a high early cash value, an adjustable term insurance rider, a refund of sales charges, no surrender charges, 37 variable investment options, three death benefit options and several commission structures, ING says.