5 Items to Consider Before Buying a Guaranteed No-Lapse Universal Life (GUL) Insurance Policy
Even considering the risks, the relative inflexibility, and the potential missed up-side opportunity with NLUL, some consumers will find the … Read more
Guaranteed No-Lapse Universal Life
Alternatives to Owning Guaranteed No-Lapse Universal Life (GUL) Insurance
Term insurance offers lower guaranteed premiums, but even with thirty-year level-term plans, coverage usually ceases before the term of the … Read more
The Tax Implications of Owning Guaranteed No-Lapse Universal Life (GUL) Insurance
The income tax rules for NLUL policies are virtually identical to the tax rules for UL policies, which are essentially … Read more
5 Disadvantages of Guaranteed No-Lapse Universal Life (GUL) Insurance
Understanding disadvantages that come with any policy can help in making better financial decision. This article explains 5 of the … Read more
Advantages of Guaranteed No-Lapse Universal Life (GUL) Insurance
The secondary guarantee of NLUL policies promises policyowners that if they play by the rules and maintain timely specified premium … Read more
When to Own Guaranteed No-Lapse Universal Life (GUL) Insurance
Among all policy types, NLUL can provide policyowners with the lowest guaranteed premium for a given guaranteed death benefit for … Read more
How Does Guaranteed No-Lapse Universal Life (GUL) Insurance Work?
Secondary Guarantee The reason the guarantee feature is called a “secondary guarantee” is that it provides an additional guarantee above … Read more
An Introduction to Guaranteed No-Lapse Universal Life (GUL) Insurance
Briefly, Guaranteed No-Lapse Universal Life (GNLUL or just NLUL), also called guaranteed universal life, Secondary Guarantee Universal Life (SGUL), universal … Read more