Close Close
Sign In
Newsletters
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
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor

Life Health > Life Insurance

Zurich Life Introduces New UL Product

By Staff Writer

X
Your article was successfully shared with the contacts you provided.

NU Online News Service, Oct. 18, 12:05 p.m. – Zurich Life Insurance Company, Schaumburg, Ill., has launched a new universal life policy, Zurich Lifetime.

The company says the product provides flexible, long-term life insurance protection at affordable, guaranteed premiums while generating cash value.

“Our market research indicates that the recent volatility in the equity markets has created consumer demand for affordable life insurance coverage with a guaranteed premium,” says Ken Olson, senior vice president and national sales manager of Zurich Life.

Zurich Lifetime allows policyholders to pay lower premiums for limited times, allowing a three-year catch-up provision so that coverage remains guaranteed. It also offers secondary guarantees to age 100, and the policy’s cash value can provide policyholders with a resource for low-cost loans.

For agents, the product offers multi-year target premiums and a commissionable policy fee, Zurich Life says.

Zurich Life is an affiliate of Zurich Financial Services Group, Switzerland.

NOT FOR REPRINT

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