Group Universal Life Policy

(redirected from gulp)
Also found in: Dictionary, Thesaurus, Medical, Acronyms, Idioms, Encyclopedia, Wikipedia.
Related to gulp: grunt, bower, NPM

Group Universal Life Policy (GULP)

Universal life insurance on a group basis. See: Group insurance.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Group Universal Life Policy

A universal life insurance policy that one purchases as a member of a collective group. A universal life insurance policy operates much like a whole life policy, with the main difference being that the interest earned on the savings portion of the policy can be used to pay premiums. If a large number of people pool their resources to buy a universal life policy that covers them individually, they are said to buy a group universal life policy.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
"With practical ideas and theory work we created an action plan with the children to take back to their school, incorporating the Change4Life and GULP Campaign messages in a fun and realistic environment."
Its catch rates are not as high as Gulp!, but it can take on the full attraction of Gulp!
Not surprisingly, the Big Gulp has become a lightning rod in the public obesity debate, the unanswerable question being whether 7-Eleven induced Americans to drink more soda or merely gave them a convenient vessel for the soda they wanted to drink anyway.
In addition to a team from production company Bonafide Films, Hot Gulp have been working with script editor Andrew Ellard, who worked on comedy greats such as Red Dwarf and The IT Crowd.
But the main problem with Gulp is that in contrast with death and its aftermath--or sex, unfortunately, for many--we are already very closely acquainted with our digestive systems." JON RONSON
Another of his favorites is the double-grub rig, which as the name implies features twin 3-inch Gulp! Jigging Grubs (check local regulations).
PAUL WEBBER expects to let One Gulp take the step up to Grade One level for the first time in the BGC Long Walk Hurdle at Ascot on Saturday, rather than head to Haydock Park.
A couple of impressive recent winners in One Gulp and Serabad oppose and this is a step up in grade, even if the form book says he's already the best horse
"SURPRISE" groom Billy Docherty downed a bottle of beer in a one gulp to get over the shock of being told his wedding was an hour away.