Originally Posted by BlueSkies

It seems that way.

I haven't had a chance to listen to the podcast yet (maybe it answers this) but on the mailer it says it is Permant*

In some program designs, if your plan sponsor replaces MetLife GVUL with another group life insurance plan or otherwise terminates the MetLife group policy, your coverage may also be terminated, even after retirement or separation from employment. Rates may increase if you leave your employer or are no longer eligible under the group and choose to continue your coverage.

OK, I'm not well versed so be kind, but if Delta decides in 5 years to dump MetLife then all the premiums paid (for the whole withdraw cash value equal to premiums paid) go poof? I assume since the GVUL is codified in the PWA they would switch to a different insurance company and continue the GVUL?

As far as the actual life insurance benefit am I correct in my understanding that functionally, the Term and GVUL are the same? I.e. you die, your spouse is paid $1,068,000? I think I'm confused by this fine print:

Earnings within your GVUL coverage grow income tax-free while the policy stays in force.

That only applies to any money you put into the investment side and not to the benefit?