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Travelers Revises UL Rider

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NU Online News Service, May 6, 2003, 4:23 p.m. EDT – Travelers Life & Annuity, Hartford, has added a new, lower-priced death benefit guarantee rider to its Travelers MVP and Travelers Survivorship Life universal life products.

The rider helps clients secure a death benefit guarantee to age 100 regardless of the issue age. Previously, under the old rider, the maximum duration of the guarantee period was 50 years, Travelers says.

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The new version of the Travelers rider is available in most states, including New Jersey, New York and Texas.

Travelers Life is a unit of Citigroup Inc., New York.