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Best Guaranteed Universal Life Insurance (GUL) Companies

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I do not care what anybody tells you.

It is not attainable to have a “​​Greatest life insurance firm. (we are going to get shut although).

Firms change yearly. The merchandise and insurance policies they provide change as effectively. (we replace this text consistently

And the correct GUL firm for one individual’s wants will probably be completely completely different from the most effective service for another person. This is because of monetary and legacy planning in addition to completely different medical histories of the insured.

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What’s Assured Common Life Insurance coverage? (develop to study extra)

Also referred to as GUL or “No Lapse”, these insurance policies are a simplified model of conventional common life insurance. An excellent match for individuals who want the peace of thoughts of everlasting life insurance and need to know the dying profit will all the time be there. 

With assured common insurance policies, there isn’t a funding element so you do not have to fret about efficiency of rates of interest. These merchandise are engaging as a result of they’re easy and simple to grasp. There’s a assured premium fee that does not change and a assured dying profit that can cowl you as much as age 121, so principally for “life” 

Count on the price to be larger than primary time period life insurance however less expensive than entire life or non-guaranteed common life insurance policies. Study extra in regards to the Execs and Cons of assured common life insurance.

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Prime Assured Common Life Insurance coverage Firms by Class

Total

  • 1

    American Common (AIG)

  • 2

    Protecting

Worth

  • 1

    American Common

  • 2

    American Nationwide

Monetary Power

  • 1

    Mass Mutual

  • 2

    Mutual of Omaha

Pricing

  • 1

    American Common 

  • 2

    Symetra

Riders

  • 1

    Mutual of Omaha

  • 2

    Protecting

Underwriting

  • 1

    Prudential

  • 2

    Protecting

No Examination

  • 1

    Sagicor

  • 2

    American Nationwide

Above you will have our high assured common corporations primarily based on completely different standards. 

Under we’ll take you deeper into our total rankings of the most effective GUL corporations, typically known as “no lapse”.

For every firm we’ll present you:

  • Pattern quotes
  • Firm monetary power
  • Coverage strengths and weaknesses
  • Availability of skipping the medical examination

Let’s dive in…

2018 Rankings for the Greatest Assured Common Life Insurance coverage Firms

(Click on to skip forward to a sure firm)

  • 1

    American Common (AIG)

  • 2

    Protecting

  • three

    Prudential

  • four

    American Nationwide (ANICO)

  • 5

    Sagicor

  • 6

    Mutual of Omaha

  • 7

    Banner

  • eight

    Symetra

  • 9

    Lincoln Monetary

  • 10

    North American

  • 11

    Mass Mutual

  • 12

    Cincinnati Life

  • 13

    Principal

  • 14

    Nationwide

  • 15

    John Hancock

  • 16

    Penn Mutual

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1

AIG (American General) guaranteed universal life insurance

American Common (AIG)
Safe Lifetime GUL three

Firm Monetary Rankings:

  • A.M. Greatest – A – Glorious
  • Moody’s – A2 – Good credit score
  • Normal and Poor’s – A+ – Sturdy

Do I’ve to take a medical examination?

Sure

​​​​ 

Power

  • Quick and environment friendly underwriting course of

  • Aggressive (low) premiums for most individuals

  • Return of premium rider included at no additional cost

Weak point

  • Some particular well being situations could lead to a decrease well being ranking

AIG Assured Common Life Quotes

45-year-old male at Most popular well being class – pricing listed is per thirty days

Loss of life Profit

to Age 90

to Age 100

to Age 121

$250,000

$174

$176

$187

$500,000

$335

$338

$360

$1,000,000

$642

$648

$694

55-year-old feminine at Most popular well being class – pricing listed is per thirty days

Loss of life Profit

to Age 90

to Age 100

to Age 121

$250,000

$231

$232

$258

$500,000

$441

$443

$495

$1,000,000

$838

$843

$949

See our full American Common GUL evaluation

2

Protective guaranteed universal life insurance

Protecting Benefit Selection

Firm Monetary Rankings:

  • A.M. Greatest – A+ – Superior
  • Moody’s – A2 – Good credit score
  • Normal and Poor’s – AA-  Very sturdy

Do I’ve to take a medical examination?

Sure

​​​​ 

Power

  • Quickest underwriting within the trade – Protecting orders medical data similtaneously the examination which shaves weeks off the method

  • Inexpensive premiums, particularly for the worth obtained

  • Plenty of flexibility is constructed into the GUL product mechanically

Weak point

  • Doesn’t provide a return of premium rider

Protecting Assured Common Life Quotes

49-year-old male at Most popular well being class – pricing listed is per thirty days

Loss of life Profit

to Age 90

to Age 100

to Age 121

$250,000

$199

$215

$251

$500,000

$398

$430

$502

$1,000,000

$711

$767

$896

51-year-old feminine at Most popular well being class – pricing listed is per thirty days

Loss of life Profit

to Age 90

to Age 100

to Age 121

$250,000

$181

$197

$243

$500,000

$361

$393

$485

$1,000,000

$663

$722

$883

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See our full Protecting GUL evaluation

three

prudential guaranteed universal life insurance

Prudential UL Protector

Firm Monetary Rankings:

  • A.M. Greatest – A+ – Superior
  • Moody’s – A2 – Good credit score
  • Normal and Poor’s – AA- – Very sturdy

Do I’ve to take a medical examination?

Sure

​​​​ 

Power

  • Lenient underwriting, superb for high-risk well being situations

  • Extraordinarily sturdy financially backed firm

  • No further premiums charged to maneuver up from age 90 coverage to age 121

Weak point

  • Value of premiums is usually larger than competitors for a lot of age bands

  • shut

    Riders included within the common coverage are restricted, should pay so as to add

Prudential Assured Common Quotes

55-year-old male at Most popular well being class – pricing listed is per thirty days

Loss of life Profit

to Age 90

to Age 100

to Age 121

$250,000

$257

$257

$257

$500,000

$502

$502

$502

$1,000,000

$939

$939

$939

50-year-old feminine at Most popular well being class – pricing listed is per thirty days

Loss of life Profit

to Age 90

to Age 100

to Age 121

$250,000

$171

$171

$171

$500,000

$330

$330

$330

$1,000,000

$603

$603

$603

See our full Prudential GUL evaluation

four

ANICO guaranteed universal life insurance

American Nationwide
Signature Assured UL

Firm Monetary Rankings:

  • A.M. Greatest – A – Glorious
  • Moody’s – Aa2 – Glorious credit score
  • Normal and Poor’s – A – Sturdy

Do I’ve to take a medical examination?

Age 65 and under can rise up to $250,000 in protection at ANICO with out submitting to a medical examination if you’re in good well being. This implies the digital underwriting checks can not throw up too many crimson flags such because the drug prescription report.

​​​​ 

Power

  • Low life insurance charges for a lot of age ranges

  • Attainable to skip the medical examination for these in good well being and decrease dying profit quantity

  • Assured return of premium (money out) choice to recoup your premiums sooner or later

Weak point

  • Robust underwriting for some high-risk situations could result in larger premiums 

American Nationwide Assured Common Quotes

53-year-old male at Most popular well being class – pricing listed is per thirty days

Loss of life Profit

to Age 95

to Age 105

to Age 121

$250,000

$207

$234

$238

$500,000

$405

$460

$470

$1,000,000

$769

$881

$904

47-year-old feminine at Most popular well being class – pricing listed is per thirty days

Loss of life Profit

to Age 95

to Age 105

to Age 121

$250,000

$123

$145

$151

$500,000

$239

$284

$295

$1,000,000

$468

$559

$583

See our full American Nationwide GUL evaluation

5

Sagicor guaranteed universal life insurance policy

Sagicor Sage No Lapse Common Life Insurance coverage 

Firm Monetary Rankings:

  • A.M. Greatest – A- Glorious

Do I’ve to take a medical examination?

Sagicor is a frontrunner within the no examination market and can think about as much as $500,000 in protection on their GUL product for these age 65 and under. No examination well being courses go all the way down to Normal

These with well being issues should still be thought-about at substandard class ranges however will probably be requested to take an examination.

​​​​ 

Power

  • Low priced premiums within the decrease dying profit ranges, as much as 100Ok

  • Solely requires a 25Ok minimal to use, decrease than most GUL carriers

  • Quick underwriting with no medical examination as much as $500Ok

Weak point

  • Don’t provide as many well being courses which can lead to larger premiums relying in your well being profile.

  • shut

    Doesn’t provide a return of premium rider

  • shut

    Could be strict underwriting for sure medical points

Sagicor Assured Common Life Quotes

50-year-old male at Most popular well being class – pricing listed is per thirty days

Loss of life Profit

to Age 120

$250,000

$227

$500,000

$434

$750,000

$652

$1,000,000

$855

45-year-old feminine at Most popular well being class – pricing listed is per thirty days

Loss of life Profit

to Age 120

$250,000

$128

$500,000

$238

$750,000

$357

$1,000,000

$473

See our full Sagicor GUL evaluation

6

Mutual Of Omaha no-lapse universal life insurance

Mutual of Omaha
Assured Common Life

Firm Monetary Rankings:

  • A.M. Greatest – A+ – Superior
  • Moody’s – A1 – Good credit score
  • Normal and Poor’s – AA- Very sturdy

Do I’ve to take a medical examination?

Sure

​​​​ 

Power

  • Match underwriting credit score program can offset well being points and decrease your premiums

  • Extraordinarily sturdy firm with lengthy historical past within the life insurance market

  • Good choice of riders together with a return of premium possibility

Weak point

  • Pricing is larger than a number of different corporations that supply GUL

Mutual of Omaha Assured Common Quotes

50-year-old male at Most popular well being class – pricing listed is per thirty days

Loss of life Profit

to Age 90

to Age 100

to Age 121

$250,000

$213

$240

$249

$500,000

$412

$465

$484

$1,000,000

$792

$897

$935

48-year-old feminine at Most popular well being class – pricing listed is per thirty days

Loss of life Profit

to Age 90

to Age 100

to Age 121

$250,000

$165

$183

$190

$500,000

$317

$352

$365

$1,000,000

$606

$675

$701

See our full Mutual of Omaha GUL evaluation

Banner Life Insurance Company

Banner Life Step UL

Firm Monetary Rankings:

  • A.M. Greatest – A+ – Superior
  • Moody’s – A2 – Good credit score
  • Normal and Poor’s – AA- Very sturdy

Do I’ve to take a medical examination?

Sure

​​​​ 

Power

  • Lengthy firm historical past of sturdy monetary efficiency

  • Underwriting is barely lenient and favorable 

  • Very small value distinction to extend from age 100 assure as much as age 121

Weak point

  • Excessive priced premiums, many carriers provide decrease charges

  • shut

    Restricted riders and choices to customise your coverage

Banner Assured Common Quotes

45-year-old male at Most popular well being class – pricing listed is per thirty days

Loss of life Profit

to Age 95

to Age 110

to Age 121

$250,000

$286

$297

$300

$500,000

$555

$582

$582

$1,000,000

$1097

$1152

$1152

43year-old feminine at Most popular well being class – pricing listed is per thirty days

Loss of life Profit

to Age 95

to Age 110

to Age 121

$250,000

$202

$232

$232

$500,000

$385

$445

$446

$1,000,000

$758

$878

$880

See our full Banner GUL evaluation

eight

symetra guaranteed universal life insurance

Symetra UL-G

Firm Monetary Rankings:

  • A.M. Greatest – A – Glorious
  • Moody’s – A2 – Good credit score
  • Normal and Poor’s – A – Sturdy

Do I’ve to take a medical examination?

Sure

​​​​ 

Power

  • Residing advantages riders allow a bigger portion of the dying profit to be superior than most different carriers

  • Low priced premiums for many age ranges

  • Underwriters will use the Good Life Rewards crediting program to attempt to offset well being points when attainable

Weak point

  • Return of premium possibility not included by default, should pay additional

  • shut

    Different GUL carriers have stronger monetary scores and historical past

Symetra Assured Common Life Quotes

50-year-old male at Most popular well being class – pricing listed is per thirty days

Loss of life Profit

to Age 100

to Age 105

to Age 120

$250,000

$203

$213

$225

$500,000

$379

$423

$446

$1,000,000

$767

$833

$904

48-year-old feminine at Most popular well being class – pricing listed is per thirty days

Loss of life Profit

to Age 100

to Age 105

to Age 120

$250,000

$164

$183

$186

$500,000

$314

$350

$357

$1,000,000

$602

$673

$688

See our full Symetra GUL evaluation

9

Lincoln Financial no-lapse universal life insurance

Lincoln Monetary
LifeGuarantee UL

Firm Monetary Rankings:

  • A.M. Greatest – A+ – Superior
  • Moody’s – A1 – Good credit score
  • Normal and Poor’s – AA- Very sturdy

Do I’ve to take a medical examination?

Sure

​​​​ 

Power

  • Underwriting is forgiving for a lot of high-risk well being situations

  • Receives all A grades from the monetary ranking businesses

Weak point

  • Pricing is larger than a number of GUL carriers

  • shut

    Doesn’t provide a return of premium rider

Lincoln Monetary Assured Common Quotes

55-year-old male at Most popular well being class – pricing listed is per thirty days

Loss of life Profit

to Age 121

$250,000

$294

$500,000

$588

$750,000

$881

$1,000,000

$1,175

50-year-old feminine at Most popular well being class – pricing listed is per thirty days

Loss of life Profit

to Age 120

$250,000

$195

$500,000

$390

$750,000

$585

$1,000,000

$780

See our full Lincoln Monetary GUL evaluation

10

north american life and health insurance company's guaranteed universal policy

North American
Customized Assure

Firm Monetary Rankings:

  • A.M. Greatest – A+ – Superior
  • Moody’s – A2 – Good credit score
  • Normal and Poor’s – A+ – Sturdy

Do I’ve to take a medical examination?

Sure

​​​​ 

Power

  • Complete residing advantages included mechanically

  • Lenient underwriting for some well being points

Weak point

  • Pricing quotes not simple to acquire for comparability

  • shut

    Normal Plus well being class not provided


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See our full North American GUL evaluation

11

Mass Mutual guaranteed universal life insurance policy

Mass Mutual UL Guard

Firm Monetary Rankings:

  • A.M. Greatest – A++ – Superior
  • Moody’s – Aa2 – Glorious credit score
  • Normal and Poor’s – AA+ – Very sturdy

Do I’ve to take a medical examination?

Sure

​​​​ 

Power

  • Good pricing for age 70 and up

  • Low premiums for single premium (SPL) fee 

  • Elite monetary background and stability

Weak point

  • Restricted decisions for riders and coverage customization

  • shut

    Excessive value of premiums for most individuals

  • shut

    Charges not simply obtainable on-line

See our full Mass Mutual GUL evaluation

12

review of the Cincinnati Life Insurance company's guaranteed universal policy

Cincinnati Life
LifeHorizons LifeSetter GUL

Firm Monetary Rankings:

  • A.M. Greatest – A – Glorious
  • Moody’s – A3 – Good credit score
  • Normal and Poor’s – A+ – Sturdy

Do I’ve to take a medical examination?

Sure

​​​​ 

Power

  • Aggressive pricing for girls

  • Prime notch customer support observe report

Weak point

  • Most age of subject is 75, decrease than most GUL suppliers

  • shut

    Rider decisions are very restricted, a bare-bones coverage

Cincinnati Life Assured Common Quotes

50-year-old male at Most popular (Choose) well being class – pricing listed is per thirty days

Loss of life Profit

to Age 121

$250,000

$262

$500,000

$513

$750,000

$765

$1,000,000

$998

48-year-old feminine at Most popular (Choose) well being class – pricing listed is per thirty days

Loss of life Profit

to Age 121

$250,000

$192

$500,000

$373

$750,000

$555

$1,000,000

$721

See our full Cincinnati Life GUL evaluation

13

Principal guaranteed universal life insurance product

Principal Monetary 
Common Life Protector IV

Firm Monetary Rankings:

  • A.M. Greatest – A+ – Superior
  • Moody’s – A1 – Good credit score
  • Normal and Poor’s – A+ – Sturdy

Do I’ve to take a medical examination?

If you’re in glorious well being, it’s possible you’ll qualify for Principal’s accelerated underwriting. Roughly half of these candidates within the Most popular or Tremendous Most popular well being courses will have the ability to skip the medical examination. This is applicable for as much as $1,000,000 in dying profit.

​​​​ 

Power

  • Wholesome Way of life underwriting credit can offset some well being points

  • Low priced premiums for some conditions

  • Attainable to rise up to $1M in protection and not using a medical examination if in nice well being

Weak point

  • Return of premium rider is further cost  not like competing carriers

Principal Assured Common Life Quotes

52-year-old male at Most popular well being class – pricing listed is per thirty days

Loss of life Profit

to Age 90

to Age 100

to Age 121

$250,000

$212

$242

$253

$500,000

$425

$484

$506

$1,000,000

$804

$873

$905

49-year-old feminine at Most popular well being class – pricing listed is per thirty days

Loss of life Profit

to Age 90

to Age 100

to Age 121

$250,000

$149

$174

$183

$500,000

$298

$348

$366

$1,000,000

$541

$614

$671

See our full Principal GUL evaluation

14

Nationwide guaranteed universal life insurance

Nationwide YourLife
No Lapse Assured UL

Firm Monetary Rankings:

  • A.M. Greatest – A+ – Superior
  • Moody’s – A1 – Good credit score
  • Normal and Poor’s – A+ – Sturdy

Do I’ve to take a medical examination?

Sure

​​​​ 

Power

  • Value of premiums are low for those who qualify

  • Some candidates will qualify for Wellness credit that may decrease your premium fee

  • Lengthy-term care rider is obtainable

Weak point

  • Underwriting is strict which can lead to larger charges for many individuals

  • shut

    Normal Plus danger class shouldn’t be obtainable 

Nationwide Assured Common Quotes

50-year-old male at Most popular well being class – pricing listed is per thirty days

Loss of life Profit

to Age 100

to Age 120

$250,000

$211

$215

$500,000

$417

$425

$750,000

$626

$638

$1,000,000

$804

$821

47-year-old feminine at Most popular well being class – pricing listed is per thirty days

Loss of life Profit

to Age 100

to Age 120

$250,000

$159

$162

$500,000

$302

$313

$750,000

$453

$470

$1,000,000

$570

$596

See our full Nationwide GUL evaluation

15

guaranteed universal life insurance at the John Hancock company

John Hancock
UL – G 13

Firm Monetary Rankings:

  • A.M. Greatest – A+ – Superior
  • Moody’s – A1 – Good credit score
  • Normal and Poor’s – AA- Very sturdy

Do I’ve to take a medical examination?

Sure

​​​​ 

Power

  • Firm has an extended historical past of demonstrating monetary power

  • Modern Vitality program can scale back premium funds over time for folks main a wholesome life-style

Weak point

  • Underwriting will decline and never think about a number of well being situations that may be authorised at different carriers

  • shut

    Restricted rider decisions and doesn’t provide Return of Premium

John Hancock Assured Common Quotes

49-year-old male at Most popular well being class – pricing listed is per thirty days

Loss of life Profit

to Age 90

to Age 100

to Age 121

$250,000

$256

$265

$273

$500,000

$500

$518

$533

$1,000,000

$988

$1024

$1055

44-year-old feminine at Most popular well being class – pricing listed is per thirty days

Loss of life Profit

to Age 90

to Age 100

to Age 121

$250,000

$176

$182

$188

$500,000

$340

$353

$365

$1,000,000

$668

$694

$718

See our full John Hancock GUL evaluation

16

Penn Mutual guaranteed universal life insurance review

Penn Mutual
Assured Safety Common Life

Firm Monetary Rankings:

  • A.M. Greatest – A+ – Superior
  • Moody’s – Aa3 – Glorious credit score
  • Normal and Poor’s – A+ – Sturdy

Do I’ve to take a medical examination?

Sure

​​​​ 

Power

  • Features a larger than regular assured rate of interest

  • Firm has an extended historical past of monetary power

Weak point

  • Value of premiums is dear

  • shut

    Quotes troublesome to acquire, can not view on-line with out talking to a gross sales rep

  • shut

    Normal Plus well being class shouldn’t be obtainable

See our full Penn Mutual GUL evaluation

Product Identify

Your Time period

COVERAGE

$50,000 to $400,000

ISSUE AGE

18 to 80

TeRM LENGTH

10, 15, 20, 25, 30 years

how to find life insurance after gastric bypass surgery
  • 1

    Unbiased and never obligated to any explicit life insurance firm.

  • 2

    Has entry to all the highest no examination merchandise in addition to some area of interest merchandise for sure folks/conditions.

  • three

    Is a specialist within the no examination space.


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Why Select a GUL Coverage?

Assured common life insurance is an efficient alternative for those who need the simplicity and low value of time period insurance with out the complexity and excessive premiums of entire life and common common. GUL is an ideal mix.

With GUL you get:

  • Assured lifetime safety that won’t lapse – The rationale you will have life insurance is to guard in opposition to the lack of life and ensure you’re beneficiaries will probably be OK. GUL does that as much as age 121. 
  • Assured degree premium fee – Since these insurance policies aren’t tied to assumptions on pursuits charges, they don’t seem to be topic to funding efficiency. Common life insurance (with out the assure) was an enormous hit within the 80’s and 90’s however many of those insurance policies are going horribly improper. 

That is inflicting premiums to rise by so much, later in life when folks haven’t got the revenue to help it. The worst half is that many of those folks at superior ages could have hassle changing their insurance policies at an inexpensive value on account of well being points they did not have 30 years in the past.

  • Simple to grasp – You select the quantity of protection you need and the way lengthy you need it to be assured for. Typical decisions embrace at 110 or age 121. Riders exist to reinforce and customise the coverage if wanted however you do not have to fret about all of the transferring elements of money accumulation eventualities in a complete or common common product.
  • Inexpensive premium fee – GUL will probably be a bit of dearer than a straight time period coverage however in return, you get the protection assured for all times and haven’t got to fret about what occurs when that time period expires at age 85. Sometimes at this level, all you’ll qualify for is a small coverage to cowl burial bills.

You’ll be able to count on a no-lapse common product to be solely about 30% of the price of a full-blown common coverage the place you are attempting to construct up money and have to fret about market danger.

Discovering the Proper Assured Common Coverage for You

We put numerous time into our rankings on this article and to retaining them correct and up to date.

Nonetheless…

Simply calling the highest few corporations could be a big mistake

Whether or not you’re in nice well being or have some medical points, the smallest factor can imply an enormous distinction within the value you pay for all times insurance. It’s because each firm maintains their very own underwriting pointers. 

Our suggestion is that this: 

Get a really feel for what you’re in search of in a coverage, what’s necessary to you?

Then run some quotes on this web page. It is configured to solely show assured common life quotes. Be mindful, some carriers do not enable their GUL pricing to be put on-line so the quoter will not have the ability to provide the full image but it surely’s an important begin. 

As an impartial dealer, we aren’t married to anyone firm and can all the time pay attention and advise the most effective choices for every purchasers state of affairs, with none strain.

In the event you hadn’t figured it out by now, we’re keen about assured common life insurance! 


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