Variable Group Universal Life offers maximum flexibility

Variable Group Universal Life (VGUL) is the ideal product for employers with the need to fund future liabilities or reward highly compensated executives. VGUL adds maximum flexibility to a total compensation package through advantages like these:

• Combine flexible life insurance with investment options

• Change premiums and death benefit to suit changing circumstances

• Achieve the potential for a higher rate of return through investment choices that can be tailored to the group

• Offer the Guaranteed Account option to provide a minimum fixed crediting rate

• Contribute to the cash value account regularly through payroll deduction or partnership distributions or in lump sums

• Grow cash value income tax-deferred

• Transfer assets to beneficiary income tax-free

• Continue coverage if executives leave the group or retire

• Access cash values through loans or withdrawals

• Transfer amounts among investment subaccounts — it does not create a taxable event

• Enroll and manage the coverage online through secure online account

Learn more about Variable Group Universal Life from Minnesota Life.

For innovative ideas on using group life insurance to structure or fund executive benefits programs, contact your Minnesota Life Group Life sales manager or Ed Eller, national sales manager, Universal Life products.

» Order our VGUL product kit
» Order our Group Insurance capabilities package
» View the current VGUL prospectus (pdf, 1.3Mb)

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