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Vermont Insurer Rolls Out UL Product

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National Life Insurance Company has introduced the NaviStar universal life insurance policy.

The policy comes with an extensive menu of optional riders and can be an alternative to no-lapse guarantee products, according to National Life, Montpelier, Vt., a unit of National Life Holding Company.

“Living benefits” riders can pay benefits to insureds who suffer from a chronic illness or terminal illness, National Life says.