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Ameriprise Unit Unveils UL Policies

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IDS Life Insurance Company is introducing the RiverSource Foundations Protector and RiverSource Foundations universal life insurance policies.

IDS Life, a unit of Ameriprise Inc., Minneapolis, says the RiverSource Foundations Protector UL policy is designed for affordable, lifetime protection against death. The policy comes with a no-lapse death benefit guarantee but limits opportunities for growth of cash value.