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ING Offers New UL Policy

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NU Online News Service, March 10, 2005, 2:05 p.m. EST

A U.S. unit of ING Groep N.V., Amsterdam, is offering a new survivorship universal life product.[@@]

The product, ING Explorer Survivorship Universal Life, is designed for death benefit protection and long-term cash accumulation, the company says. It combines potential for cash value accumulation with a return-of-premium death benefit option.

The company will distribute Explorer Survivorship through independent insurance producers. It is issued through Security Life of Denver, an ING subsidiary.