Jefferson Pilot Financial, a Greensboro, N.C., subsidiary of Jefferson-Pilot Corp., said Tuesday that it had introduced universal life and term life insurance products.
The products - JPF Advantage Solutions and JPF Advantage FlexTerm - are intended to let insurance professionals, planners, and clients customize their life insurance protection with various rider choices.
The policies are part of Jefferson Pilot's recently announced expansion into the mass-affluent market, the company said. They are designed for people with annual household income of $75,000 to $200,000 and-or net worth of up to $2.5 million.
JPF Advantage Solutions is meant to let individuals and business owners tailor their universal life insurance to address protection needs through a balance of death benefit protection and cash-value accumulation. JPF Advantage FlexTerm supplies life insurance for terms of 10, 15, 20, or 30 years with a guaranteed premium and level death benefit.
