See: group universal life (GUL) insurance .
Tag: REFERENCE
Guaranteed bonds
See: Growth Bonds; INCOME BONDS.
Guaranteed income contract
See: guaranteed investment contract (GIC) .
Guaranteed insurability option
See: future increase option .
Guaranteed interest contract
See: guaranteed investment contract (GIC) .
Guaranteed issue limit
See: no-evidence limit .
Guaranteed renewable policy
See: guaranteed renewable contract .
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a policy which the insured has the right to continue in force by the timely payment of premiums to a specified age, during which period the insurer has no right to make unilaterally any change in any provision of the policy while the policy is in force, but may change premium rates by policyholder class.
GUL insurance
See: group universal life (GUL) insurance .
GULP
See: group universal life program (GULP) .