Group Universal Life Policy (GULP),
Group Universal Life Policy (GULP) Meanings:
The term universal group life insurance refers to a form of universal life insurance that is offered to a group of people at a lower cost than people. Group life insurance is often issued by companies that want to offer life insurance to their employees. This policy provides permanent insurance coverage to every policyholder with the possibility of increasing their savings.
- Universal Group Life Insurance is a universal life insurance that is offered to a group of people at a low price that is normal for an individual.
- Employers can share the full cost of insurance or premium with employees by deducting regular pre-tax wages.
- The policy also complements a savings component that allows you to deposit money into a guaranteed account with a fixed interest rate.
- Employees can withdraw or waive tax-free money at any time.
Literal Meanings of Group Universal Life Policy (GULP)
Meanings of Group:
Multiple people or things that are located together, grouped together or categorized.
A series of elements occupy a column in a periodic table and, due to their similar electronic structure, have mostly identical properties.
A combination of elements with associative binary operations in which each element and the identifying element are inverted.
(In systematic grammar) The structural level between sentences and words that corresponds mostly to other grammar sentences.
Put in one or more groups.
Sentences of Group
A group of boys is approaching.
Three chairs were gathered around the table.
Synonyms of Group
grade, status, range, body, crowd, arrange, marshal, gang, organize, rank, troop, congregation, company, collection, party, gathering, assembly, flock, grading, line up, dispose
Meanings of Universal:
Applies in any case to all people or things in the world or to a particular group or created.
Anything that has a universal effect, currency or application.
Sentences of Universal
Universal adult suffrage
Synonyms of Universal
international, worldwide, rampant, catholic, pervading, sweeping, inescapable, global, blanket, permeating, pervasive, widespread
Meanings of Life:
Conditions that distinguish animals and plants from inorganic matter, including growth, reproduction, active activity, and permanent changes before death.
The period between the birth and death of living things, especially humans.
Sentences of Life
The disaster killed 266 people.
Synonyms of Life
enthusiasm, time on earth, one's time, get-up-and-go, essence, push, substance, human being, survival, life span, verve, stir, person, movement, dynamism, élan vital, zing, quintessence, soul, panache, viability, lifeblood, sparkle, colour, creation, moving force, spiritedness, zest, bustle
Meanings of Policy:
An attitude or principle of action adopted or proposed by an organization or individual.
Sentences of Policy
Controversial government policy
I swear he has never been in politics in his life.
Synonyms of Policy
pattern, convention, practice, wont, custom, routine, procedure, way, matter of course, tack, mode, rule
Meanings of GULP:
Quickly or massively, often swallow audible bites.
The process of swallowing food or drink.
Sentences of GULP
He finished his last coffee.
He finished his drink with a drink.
Synonyms of GULP
eat hungrily, toss off, swig, slug down, guzzle, pack away, demolish, stuff one's face with, knock back, bolt, gobble, chug, cram, neck, murder, shovel down, tuck into, gorb, devour, stuff, polish off, put away, wolf, drain one's glass, shift, gorge (oneself) on, eat greedily, pig oneself on