Tuesday, April 08, 2008

 

Jackson Adds Overloan Protection Rider to VUL and UL Products

Jackson National Life Insurance Company (Jackson) today announced the introduction of Jackson Policy Preserver, a new rider designed to help advisers and their clients prevent a policy from lapsing if the policy’s loan value exceeds the accumulated cash value. Policy Preserver is available at no additional charge within one of Jackson’s universal life products and three of the company’s variable universal life insurance products. For newly-issued, qualifying policies, Jackson will automatically attach Policy Preserver to the base policy at no charge. The company will also attach the rider to existing, in-force policies.

Jackson Adds Overloan Protection Rider to VUL and UL Products
Source: Yahoo! Finance

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