Choose Wisely in Guaranteed vs Indexed Universal Life

If you're navigating the complex world of life insurance and want to make a confident decision, it's crucial to understand the differences between guaranteed and indexed universal life insurance, and you can easily browse options to find the best fit for your needs.

Understanding Guaranteed Universal Life Insurance

Guaranteed Universal Life (GUL) insurance is designed for individuals who want the assurance of a fixed premium and a guaranteed death benefit, without the complexities of investment components. Unlike whole life insurance, GUL offers flexibility in terms of premium payments and coverage amounts, but it does not accumulate cash value.