LANSING, Mich.--Continuing a year-long process to significantly expand its life insurance operations, Jackson National Life Insurance Company (JNL) announced today that it has launched Perspective Investor, its first-ever variable universal life product. Perspective Investor is a flexible premium, variable universal life product designed to provide the security of base life coverage for the duration of the contract.
Perspective Investor has approximately 40 investment options, including a guaranteed fixed account option; a scheduled term insurance rider (STR), which allows the death benefit to be customized according to individual client needs; a continuation of coverage feature for beyond age 100, subject to state approval; and an application fax-in program with industry-leading turnaround times for underwriting.
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