May 02, 2007 at 1:14 pm by Tom Lydon
XTF Advisors announced they will be provide target-date exchange traded fund (ETF) portfolios to Pacific Life Insurance Company. The press release claims this will give their variable universal life insurance policy owners the opportunity to take advantage of ETFs. Pacific Life’s VUL is a life insurance tool providing death benefit protection, and giving policy owners the freedom to direct where their premiums are allocated – be it XTF’s target-date ETF portfolios or other types of investments. Moreover, Pacific Life heard from numerous advisors to include ETFs in their VUL products.
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