Bank One Corp of Chicago is offering a variable universal life insurance product whose investment choices include selections from the One Group of mutual funds. The product, available through the wealth management stores that Bank One operates in its branches, targets investors who want to do estate planning with minimal tax consequences, said Tina Haza, product manager.Bank One's goal is for the product to gather $100 million of assets under management in its first year. Underwritten by American General Life Insurance Co. of Houston, the insurance product is being rolled out in stages; all 150 sales representatives should be selling it by the end of March.

- Karen Talley

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