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Ohio National Introduces UL Policy

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NU Online News Service, Sept. 21, 2004, 4:34 p.m. EDT

Ohio National Financial Services, Cincinnati, is introducing a universal life policy.[@@]

The policy, the Virtus 100 G policy, is designed to appeal to customers who want affordable life insurance, Ohio National says.

The product offers a death benefit guarantee to age 100. In most states, policyholders can continue coverage after age 100 without paying additional premiums, Ohio National says. Optional riders include an accidental death benefit rider and a waiver-of-premium rider.

Ohio National is issuing the policy through its Ohio National Life Assurance Corp. unit.