Protection Indexed Universal Life- A Low Cost Alternative to GUL

Until recently, clients have turned to guaranteed universal life insurance (GUL) as a cost-effective permanent solution offering lifetime protection, control and flexibility. But with the low interest rate environment driving GUL premiums up, clients are quickly moving away from it. Yet the need for cost-effective, no-lapse protection hasn’t changed, and many producers are finding a new solution for their clients—protection indexed universal life (IUL).