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Conseco enters variable life market. (Marketplace Life/Health).

Conseco Inc., Indianapolis, has introduced Conseco Variable Universal Life, issued by the Conseco Variable Insurance Co.

The product offers 57 investment options, three death-benefit options, dollar-cost averaging and asset-allocation rebalancing, zero net-spread loans, decreasing mortality and expense charges that disappear after year 20 and a rapid-issue program. Among 12 optional riders are a no-lapse guarantee, unemployment waiver of premium and reduced protection.

Conseco has entered into a strategic alliance with Intervest International Equities Corp., a national independent broker-dealer, for retail and wholesale distribution. Independent marketing organization sales professionals from both Intervest and Conseco participated in the rollout.
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Title Annotation:Conseco Variable Universal Life offers 57 investment options
Comment:Conseco enters variable life market. (Marketplace Life/Health).(Conseco Variable Universal Life offers 57 investment options)
Publication:Best's Review
Article Type:Brief Article
Geographic Code:1USA
Date:Feb 1, 2002
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