Wednesday, November 01, 2006

 

Modified Single-Premium Policy Allows Multiple Payments

Transamerica Occidental Life Insurance Company has introduced the TransProtector life insurance policy.

The modified single-premium universal life insurance policy offers purchasers a choice between making a single payment or paying the premiums annually over a period of 2 to 10 years, according to Transamerica Occidental, Los Angeles, a unit of AEGON N.V., The Hague, Netherlands.

Modified Single-Premium Policy Allows Multiple Payments
Source: National Underwriter (subscription required)

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