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.

The VUL policy, the American Express Variable Universal Life IV policy, offers a choice of 56 variable investment options and a fixed account with a guaranteed return of at least 4%.