NU Online News Service, July 9, 2003, 12:33 p.m. EDT – Manulife USA, Boston, has introduced a new universal life insurance policy, the Manulife UL-G(1) policy.

The policy provides guaranteed coverage for the life of the insured, even if the policy’s net cash surrender value falls below zero, Manulife says.

Manulife is unit of Manulife Financial Corp., Toronto.