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Manulife Knocks Risk Charges Off VUL Policy

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NU Online News Service, Aug. 6, 3:05 p.m. – The Manufacturers Life Insurance Company (U.S.A.), Boston, has eliminated asset-based risk charges for the standard version of its Venture VUL Accumulator variable-universal life insurance policy.

The VUL policy offers a choice of 60 stock, bond, balanced and international investment options, along with five “funds of funds” for clients who would prefer to leave the investment choices to Manulife.