NU Online News Service, Oct. 8, 11:46 a.m. – Manulife USA, Boston, a unit of Manulife Financial Corp., Toronto, has introduced the Venture VUL Protector variable-universal life insurance policy.

The base policy includes a 20-year, no-lapse guarantee for clients who pay the minimum premium required to keep the policy in force. The base policy also includes a feature that lets clients make up for skipped premiums during the guarantee period without having to pay penalties or interest.

Customers can pay extra for an extended no-lapse guarantee that will protect policyholders from market downturns of any duration up to age 100.