Banner Life recently annouced they will be withdrawing their Life Choice UL product from the life insurance marketplace on April 10, 2015. Life Choice UL was Banner’s guaranteed universal life product. The Life Step UL is still available, but operates under a current assumption program and does not feature the same guarantees in the policy.
If you are looking for Guaranteed Universal Life insurance so your premiums and death benefits remain fixed and guaranteed for life, other options are available through a number of carriers. Many insurance companies still offer guaranteed universal life insurance.
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