Traditional Guaranteed Universal Life (GUL) insurance has long been the primary method of providing death benefit guarantees to clients. However, the sustained low interest rate environment has given many of us the opportunity to assess the way we address guaranteed death benefit protection for our clients. With consistent reprices- and even some carriers exiting the marketplace altogether-traditional GUL products are becoming increasingly expensive, making them less attractive as an affordable guaranteed death benefit product. This means other alternatives are being looked at more frequently.