In Brief: Jefferson Pilot Adds Universal Life Policy

Jefferson Pilot Financial, a Greensboro, N.C., provider of universal and variable universal life insurance and fixed annuities, has introduced JPF Legend 300 LR, a universal life product.

It is tailored for loan rollover situations in which clients with older permanent life products could benefit from the lower loan interest rates, improved coverage guarantees, and expanded underwriting classes available with universal life products, the company said on Monday.

Jefferson Pilot Financial also recently developed a professional analysis and review program to help its producers evaluate clients' life insurance needs. The program includes personal and business needs analysis and a platform for review of existing life insurance protection. The goal is to make certain that current needs and insurance contracts meet clients' expectations.

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