CINCINNATI, Aug. 3 /PRNewswire/ -- Columbus Life Insurance Company (Columbus Life), a member of Western & Southern Financial Group®, announces the introduction of a new portfolio of universal life insurance products -- Explorer Plus(sm) Universal Life, Indexed Explorer Plus(sm) Universal Life, and Voyager(sm) Universal Life.

"The new products that comprise our universal life portfolio include competitive features and pricing along with flexibility to fit the diverse and evolving needs of the affluent market," said J.J. Miller, President and Chief Executive Officer of Columbus Life. "Whether for personal or business use, these products give independent producers important tools for meeting their clients' long-term financial strategies."

Explorer Plus(sm) Universal Life is one of the most competitive long-term cash value accumulation vehicles in the industry, combining death benefit protection with flexible riders and benefits. Independent producers can customize Explorer Plus for a variety of personal and business scenarios to help clients meet wealth transfer and business planning needs, where long-term cash accumulation and supplemental retirement income are important.

Explorer Plus provides an opportunity to build tax-deferred account value that can be used later to provide supplemental income, making it ideal for individuals who need permanent life insurance coverage plus flexibility. Explorer Plus also offers several other features that deliver solid financial solutions to respond to a variety of client situations.

Indexed Explorer(sm) Plus Universal Life offers all of the advantages of Explorer Plus. In addition, Indexed Explorer Plus offers growth potential through the ability to earn Indexed Interest Credits linked, in part, to the performance of the Standard & Poor's 500(1) Composite Stock Price Index (excluding dividends), or S&P 500®, with protection from downside risk through a minimum interest rate guarantee.

Voyager(sm) Universal Life combines competitive pricing, guaranteed death benefits and innovative features to help clients achieve their financial goals. For wealth transfer, business planning or income replacement, Voyager offers a competitive and flexible solution when individuals need low-premium guaranteed death benefit protection.

In addition to introducing an enhanced universal life portfolio, Columbus Life expanded its underwriting classes to include the new Super Preferred underwriting class, furthering its competitiveness with benchmarked peers. The new underwriting classes are available on all three new Columbus Life products.

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Source: Columbus Life Insurance Company

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