NU Online News Service, Sept. 12, 4:21 p.m. – Zurich Life, Schaumburg, Ill., says it has reduced the rates on 10-year and 15-year plans for Zurich Executive Term life insurance policies.

Details vary from state to state, but, in most states, customers can buy Executive Term policies with terms of 10, 15, 20, or 30 years.

The face amount minimum is $1 million through age 49, and $500,000 for insureds over age 49.

Zurich Life is a unit of Zurich Financial Services Group, Zurich.