ING

 Effective June 25, 2012-the ING family of companies will launch a new no -lapse universal life product.

 

The new product where approved will replace the ING Guaranteed Death Benefit UL II. ING-UL-GDB is designed to provide competitive premiums providing up to a lifetime death benefit guarantee when compared with whole life and other lifetime guarantee solutions. Premiums are generally higher than on the ING GDBUL II.

 

Key Dates

 

6/25/2012 Quotes for ING UL-GDB available in ING Presents and able to accept applications for this new product.

 

6/29/2012 Last day to receive formal applications for the ING GDBUL II. Policies issued after 9/15/2012 will be issued as ING UL-GDB, regardless of when the application is received.

 

6/30/2012 All formal applications received to be processed as ING UL-GDB including backdated applications.

 

  Click here to view the transitions rules. 

 

Click here to view the new ING GBUL Product details. 

 

For more information about any ING changes or to send in an application please contact Shaw American at 1-800-626-5888 or email us at email@shawamerican.com.
 Fax: 1-888-329-7429    Website: www.shawamerican.com