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What is a cash accumulation fund? This is a personal cash fund that you can choose to contribute to, over and above the cost of your life insurance coverage. Cash contributions earn tax-deferred interest and can be withdrawn at any time, for anything. You must have life insurance coverage to have a cash fund.
GUL insurance, or guaranteed universal life insurance, offers permanent life insurance coverage without requiring an investment value. This makes GUL insurance risk-free and affordable just term life insurance.
How to see if you are a life insurance beneficiary. Once you find a life insurance policy, you can see if youre a beneficiary by contacting the life insurance company directly. If it turns out you are a beneficiary, youll need to submit a claim to receive any proceeds from the policy.
The Group Universal Life (GUL) Insurance provides life insurance coverage at affordable group rates and offers members an opportunity to set aside sums of money in a Cash Accumulation Fund (CAF), which earns tax-deferred interest*.
GUL provides flexible premium payments and reliable cash value growth tied to a fixed interest rate, offering stable growth over time. Built up cash value can be withdrawn at any time at any age generally without tax penalties.
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GUL is a type of permanent life insurance that features a savings component. Employees may choose to pay only the cost of insurance or to make additional contributions to a cash value account that can be accessed through loans or withdrawals.
The Group Universal Life (GUL) Insurance provides life insurance coverage at affordable group rates and offers members an opportunity to set aside sums of money in a Cash Accumulation Fund (CAF), which earns tax-deferred interest*.
Once MetLife approves my claim, how soon will I receive my payment? Once we approve your claim, well send your payment via USPS within 5 business days. Please note, mail delivery times may vary.

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