What is Guaranteed Universal Life Insurance?

What is Guaranteed Universal Life Insurance?

Among the several different types of permanent life insurance, the one that is considered closest to Term Insurance is a policy known as Guaranteed Universal Life Insurance or GUL. The GUL, although a universal life insurance product, was developed for longevity...
How Does Universal Life Insurance Work?

How Does Universal Life Insurance Work?

It’s important to understand that although term life insurance is the least expensive life insurance in the marketplace, it is temporary insurance. Certainly, most term life policies can be converted to a permanent life insurance policy before the policy expires, but...