IUL Express Steps in With New Opportunities

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Last month, we made the difficult decision to no longer offer our Guaranteed Universal Life Express (GUL Express) product after May 31, 2021. But, with this ending, our IUL Express steps right in to take it’s place!

Why IUL Express? Well, it offers more protection and built-in benefits, including:

  • more flexibility for the future with living benefits and cash accumulation
  • more death benefit for the premium than GUL Express OR
  • reduced cost for the same death benefit face amount as GULE

Real numbers easily highlight the benefits Of IUL Express:
Clients loved the protection GUL Express offered, but that protection came at a hefty price.

Let’s take a look at Sheila, she’s 35-year-old female, nonsmoker who’s looking for $100,000 Death Benefit.

 

See how it compares:

IUL EXPRESS:                                                             Past GUL Express:

Monthly premium = $36.89                                Monthly premium = $51.85

Guaranteed coverage = age 55                         Guaranteed coverage = age 100

-the policy would carry until age 120

At an illustrated rate of 5.84%

-or until age 89 at an illustrated rate Of 2.75%

Policy includes chronic illness, terminal           Policy includes chronic illness and terminal illness protection.          
and critical illness* illness protection.

Additionally, her Accumulation value would help give her added flexibility in later years

And, we also have a recorded webinar highlighting the advantages IUL Express can offer when compared to our previous GUL Express product.