NU Online News Service, Jan. 14, 2004, 11:45 a.m. EST – North American Company for Life and Health Insurance, Chicago, has introduced the Custom Series family of universal life plans.[@@]
The first products in the family are the Custom Accumulator, Custom Extra and Custom Guarantee UL policies.
North American designed the Custom Accumulator policy for consumers who want to save for college expenses or retirement expenses. The policy has a surrender period of 9 years and a zero net loan cost after policy year 10.