• WILLIAM R. BRITTON, JR: We will take a current assessment of this phenomenon called group universal life (GUL).
  • I'll begin with overview and history,
• Ms. Herz will discuss reasons that employers and employees are interested in GUL, how well it is being accepted, and the market outlook.
• Mr. Duncan will concentrate on issues and concerns from an actuarial and insurance company perspective by describing Aetna's entry into the market, the current state of their product, and the concerns they have with it.
  • GUL began somewhere around 1983 or 1984, when Johnson & Higgins (J&H) proposed GUL as an attractive alternative to voluntary term plans.

1988 - SOA - Group Universal Life Product, Society of Actuaries - 22p