Group Universal Life Insurance

Group Universal Life (GUL) combines the protection of life insurance with the option to build savings through a cash value account.

With GUL coverage, you enjoy:

• Portability
  If you leave the group or retire, you may take your coverage with you.
• Tax-deferred cash accumulation
  Group Universal Life's cash value account provides employees the ability to accumulate cash for future needs on a tax-deferred basis. This cash value account earns interest and is accessible through loans and withdrawals.
• Group rates
  The buying power of a group makes this coverage affordable.
• A way to provide retirement income
  You can use Group Universal Life to start funding your post-retirement needs. The more cash you accumulate in the cash value account, the more options you will have available at retirement.

» Group Universal Life flyer (pdf, 77k)

This information is meant as a general guide to life insurance only – it doesn't refer to a particular plan offered by Minnesota Life.

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