Types of Life Insurance

Review of the Nationwide Guaranteed Universal Life Insurance Product

Written by Ty Stewart

Quick Summary: Nationwide offers some of the lowest pricing around for many ages but it’s not always easy to qualify for and may end up being more expensive in a different health class. Extremely strong company and a good choice for those that like to have all their different types of insurance in one place.. More

Lincoln Financial – Guaranteed Universal Life Insurance Review

Written by Ty Stewart

Quick Summary: Lincoln can be a great option if you have certain health issues. Their underwriting is lenient which can save a lot of money. Overall, their pricing is middle of the pack and you can find cheaper. Very strong and stable company. What You Will Learn (click section link to jump ahead)About the Company.. More

John Hancock Guaranteed Universal Life Insurance Policy Review

Written by Ty Stewart

Quick Summary: John Hancock offers a solid yet unspectacular guaranteed universal life product when compared to other carriers we work with. Premium pricing is middle of the road but underwriting can be strict on certain things, bumping people down in health rating. What You Will Learn (click section link to jump ahead)About the Company -.. More

Principal Financial – Guaranteed Universal Life Insurance Review

Written by Ty Stewart

Quick Summary: Principal Financial is a strong player in the life insurance market and their GUL product is no exception. Rates are low for certain ages but you can find less expensive elsewhere depending on your age and coverage amount needed. It’s possible to get up to $1,000,000 without undergoing a medical exam if you.. More

The PruLife UL Protector Review – Prudential Guaranteed Universal Life Insurance

Written by Ty Stewart

Quick Summary: The Prudential UL Protector product is NOT one of our favorite guaranteed universal policies on the surface. However, Pruco underwriting is excellent for a wide range of health conditions so for some people, it will be the best choice. What You Will Learn (click section link to jump ahead)About the Company – PrudentialAbout.. More

Sagicor No Lapse Universal Life Insurance Review

Written by Ty Stewart

Quick Summary: If you are under the age of 66 and don’t want to take a medical exam, Sagicor may be a good option for a “no lapse” universal life policy. Rates are very cheap in the lower amounts (up to 100K). Underwriting has turned increasingly strict in recent years resulting in more declines and.. More

Banner Guaranteed Universal Life Insurance Review – Life Step

Written by Ty Stewart

Quick Summary: Banner’s GUL life insurance policy leaves much to be desired. The pricing is high and the options are limited. Banner underwriting is favorable for some specific health issues so may be worth considering for certain people. Most of our clients looking for guaranteed universal life insurance will be able to find better. What.. More

Review: Mutual of Omaha – Guaranteed Universal Life Insurance

Written by Ty Stewart

Quick Summary: Our experience tells us that Mutual of Omaha’s guaranteed universal product is a strong option for many clients. You can find cheaper pricing but the value is excellent including an option (your choice) to refund all your premiums in the future. This is not the #1 GUL product we suggest but is top.. More

My Review of the Protective Advantage Choice Universal Life Insurance Policy

Written by Ty Stewart

Quick Summary: In our opinion, Protective offers an excellent universal life option. You are getting coverage from a super strong company that has been around a long time. The policy includes great options and flexibility at no additional cost. If price is your main concern, you can usually find cheaper options depending on your age.. More

AIG (American General) Guaranteed Universal Life Insurance Review

Written by Ty Stewart

Quick Summary: AIG has one of the top guaranteed universal life insurance policies on the market right now (2018). American General is a trusted name, on a strong financial footing. The rates are competitive, the underwriting is fair, and you get the option to receive all your premiums back in the future if needs change… More

Pros and Cons of Guaranteed Universal Life Insurance

Written by Ty Stewart

A GUL policy secures permanent coverage but without the high cost and complexity that comes with regular universal life insurance. They are a nice middle ground between universal and term life insurance…

This is the most basic advantage. If you have one policy for $200,000, and you have a second policy for $200,000, you have $400,000 in life insurance coverage. For most people, having more life insurance is an outstanding idea. In fact…