GUARANTEED UNIVERSAL LIFE INSURANCE

GUARANTEED UNIVERSAL LIFE INSURANCE

Permanent Life Insurance Coverage That Continues if the Cash Value Runs Out

What is Guaranteed Universal Life Insurance?

Guaranteed Universal Life Insurance, or GUL, is a permanent life insurance product where the insurance company guarantees life insurance coverage will continue for a predetermined length of time even if the cash value runs out.

Who Buys Guaranteed Universal Life Insurance?

Guaranteed Universal Life Insurance, or GUL,is ideal for individuals and businesses who seek long-term death benefit protection without the the need for cash value accumulation. Though a GUL may accumulate cash value life other universal life insurance products, these contracts are typically designed

Guaranteed Level Term Life Insurance

to provide a desired benefit for a long-term life insurance need and if the contract ends before the insureds death, they have no additional benefits.

A GUL can be designed to provide long-term death benefit protection for as short as to age 65 or as long as age 121. Like other universal life contracts, a GUL can have flexible death benefits and flexible premiums during the contracts life.

GUL policies are often called “term for life” policies as they will continue coverage if the cash value runs out and the policy owner pays the required premium.

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