NU Online News Service, Sept. 25, 2003, 1:55 p.m. EDT – MONY Life Insurance Company, New York, has introduced the Corporate Strategies Group Variable Universal Life policy, a product designed for brokers who sell corporate-owned life insurance and bank-owned life insurance.
MONY Life, a unit of The MONY Group Inc., New York, will issue the policy on a guaranteed issue basis to age 70. Policy features include portfolio rebalancing, dollar cost averaging and optional flexible term and enhanced cash value riders.