NU Online News Service, June 10, 2003, 1:06 p.m. EDT – Jefferson Pilot Financial, Greensboro, N.C., has introduced the JPF Legend 300 Plus universal life insurance policy.
The policy is similar to the JPF Legend 300 policy, but the new policy includes a built-in, guaranteed death benefit, Jefferson Pilot says.
Jefferson Pilot will maintain the guarantee even if the policyholder changes the level of coverage, changes the death-benefit option, or adds or drops riders, the company says.
The older policy is still a good, low-cost choice, but the new policy is more convenient for producers because of the built-in, guaranteed death benefit, the company says.
Jefferson Pilot Financial is a unit of Jefferson-Pilot Corp., Greensboro.