ING Group Inc. launched ING Guaranteed Death Benefit Universal Life on Wednesday.
It is offered through the Atlanta company's Security Life of Denver Insurance Co. unit. ING Group Inc. is part of ING Group NV of Amsterdam.
No-lapse death benefit guarantee products are designed to provide policy owners a guarantee of life insurance coverage, if certain conditions are met, even if the policy's net cash value falls below zero, regardless of changes in interest rates, expense charges, or cost of insurance.
