Guaranteed universal life insurance
Guaranteed universal life insurance is permanent coverage that provides the ability to guarantee a death benefit to any age up to a maximum age as stated in the policy, as long as the premiums are paid and the policy remains in force. Guaranteed universal life is not designed to generate cash value.
Policy highlights
- Can provide a guaranteed death benefit for your whole life.
- Death benefit passes to beneficiaries generally tax-free.
Is a guaranteed universal life insurance policy right for me?
Anyone with a need for death benefit coverage who desires to buy a policy that can cover their entire life with less costly premiums compared to other permanent products.