ING Unit Unveils UL Product

Security Life of Denver Insurance Company has started selling a universal life insurance policy with a no-lapse death benefit guarantee.

ING U.S. Financial Services, Minneapolis, the parent of Security Life, says the new ING Guaranteed Death Benefit Universal Life policy gives purchasers the ability to customize the duration of a no-lapse death benefit guarantee period.

The period is available for all issue ages and can extend to the end of the purchaser’s life, according to ING U.S., which is a unit of ING Groep N.V., Amsterdam.