Choose Wisely in Guaranteed vs Indexed Universal Life
Real-World Examples and Pricing Context
For a 40-year-old non-smoker seeking a $500,000 policy, GUL premiums might range from $150 to $200 per month, depending on the insurer and policy specifics. In contrast, IUL premiums can be higher, starting around $200 per month, but they offer the potential for cash value growth which can offset costs over time4.