Guaranteed Universal Life (GUL) is focused on providing a GUARANTEED death benefit that can be there for life. The client can select the age they want the death benefit guaranteed to, whether it is age 90, 95, 100, 110, etc. It provides steady, stable protection with the option of a flexible premium. Plus, if interest rates change it does not affect the premium payment.
The length of premium payments can be structured according to your preferences. This product is also an affordable option for a permanent life insurance product, as the premium is calculated to maintain a level premium payment until death.