Guaranteed Universal Life Insurance

Guaranteed Universal Life (GUL) insurance is a way to help your loved ones pay your final expenses: funerals, medical bills, or other consumer debts. LifeCentra offers a variety of guaranteed universal life insurance products to meet your specific time frame, as well as your financial needs.

The coverage under a guaranteed universal plan is different from term and the whole life insurance policies, since the amount and timing of premium payments can vary. While there is greater flexibility than whole life insurance, the risk may also be greater.

Guaranteed Universal Life Insurance


Typically, guaranteed universal life insurance serves people who may not be able to get term life coverage. The coverage under a guaranteed universal plan is different from term and whole life plans. Guaranteed policies are usually issued for small amounts. Policies issued for death benefits are generally between $5,000 and $50,000.

The cash value under a GUL policy varies with the premium amount that you pay, as well as the policy charges and the interest declared. You can choose whether to opt for lifetime coverage or pick a term for which you would like to be covered with guaranteed death benefits, which can be increased or decreased as per your insurability.

GUL are whole life policies that usually have a modest face value and they do not require the answers to any health questions, so anybody who qualifies can get accepted. Because the policy death benefit is fairly limited, some premiums are affordable and some can be high depending on your circumstances.

Guaranteed universal life insurance is an ideal choice for those who want:

  • To protect loved ones from financial burdens in the future
  • Protection in the event where they are declined for other coverage
  • A set value of a policy, typically between $5,000 and $50,000
  • Coverage for final needs, such as funeral expenses, estate planning, etc.
  • Whole life insurance without answers to any health questions
Guaranteed universal life insurance offers protection against life’s uncertainties and ensures your loved ones’ financial security upon your death.

What is my next step?

Remember, a GUL policy varies with the premium amount that you pay, as well as the policy charges. Planning ahead for your needs is important; LifeCentra can assist with all your life insurance needs. Let us help you get started today!


People buy guaranteed universal life insurance to:

Plan income replacement for their family’s financial security

Reduce debt; mortgages, loans and credit cards

Assist with child care and educational expenses

Cover funeral and final expenses

How much Insurance do I need? >


Guaranteed Universal Insurance Calculator

Our interactive calculator gives you an estimate of how much coverage your family will need, so they can meet expenses in case of your death.

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Consider choosing guaranteed universal life insurance if you need pure coverage and financial protection for your family for a set period of time.
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