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New Manulife UL Policy Offers Built-In Coverage Guarantee

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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.