A wife in her fifties owns several term life insurance policies. However, the policies will either expire soon or the the price of the renewal premiums will choke her. As a result, she needs insurance that will continue for her lifetime as opposed to only a period of time. We decided the product which would work best for her is a Guaranteed Universal Life (GUL) with premiums guaranteed to never increase and paid through her lifetime. Her death benefit will always be much greater than the total of the premiums paid.