Transform Your Future Compare Guaranteed vs Indexed Universal Life
Guaranteed Universal Life Insurance
Guaranteed Universal Life (GUL) insurance is designed for those who prioritize a stable death benefit over cash value accumulation. It provides a guaranteed death benefit as long as the premiums are paid, with little to no cash value growth. This makes it an attractive option for individuals who want lifetime coverage without the investment risk associated with other types of universal life insurance.
One of the main advantages of GUL is its affordability compared to other permanent life insurance options. Premiums are typically lower because the policy is focused on providing a death benefit rather than building cash value. For those seeking a straightforward, long-term coverage solution, GUL can be a cost-effective choice. According to industry data, GUL policies can be significantly less expensive than whole life insurance policies with similar death benefits1.