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American Express Adds UL, VUL Policies

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NU Online News Service, Jan. 22, 11:30 a.m. – IDS Life Insurance Company, Minneapolis, a unit of American Express Company, New York, has introduced a universal life policy and a variable-universal life policy.

The universal life policy, the American Express Life Protection Select policy, offers a special credit for clients who maintain their policies for more than 10 years.