Originally Posted by
PilotWombat
I think both of you guys are missing the point of the question. This isn't about whether whole/universal is better than term in general, or on the open market. The question is about our new choice in company paid insurance, negotiated under C19 (PWA 25.G.10 if you need the reference). We get to choose between regular term life, or GVUL, and the death benefit is the same (at least originally). Why, or why not, would you choose one over the other?
This is what I want to know as it seems too good to be true. I get the same coverage amount but now I can get an associated cash accrual as well? Shirley, I'm missing something.