Is Guaranteed Universal Life Insurance good for an older person?

We need to get someone in their 60s insured, therefore we are searching about. The majority of offered insurance are pricey. We received an offer to purchase a $100,000 Guaranteed Universal Life coverage for $160 per month. It is intended for normal or average persons and is a permanent entire life policy. Shall we take this offer up?

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Before committing to the $100,000 Guaranteed Universal Life policy at $160 per month for someone in their 60s, compare costs and policy features from different insurers. Ensure that the coverage suits your financial objectives, investigate the insurer’s stability, and seek advice from a financial counselor.