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National Life Adds VUL Product

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A Northeastern insurer has rolled out a variable universal life product that comes with several new riders.

National Life Insurance Company, a unit of NLV Financial Corp., Montpelier, Vt., says its Investor Select VUL policy comes with a list of options that includes a balance sheet benefit rider, an other insured rider, and a waiver-of-specified premium rider.

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The policy also offers purchasers access to asset-allocation services from FundQuest Inc., Boston, at no additional charge, according to National Life.