Definitions for "Gulp"
To swallow eagerly, or in large draughts; to swallow up; to take down at one swallow.
The act of taking a large mouthful; a swallow, or as much as is awallowed at once.
a large and hurried swallow; "he finished it at a single gulp"
Keywords:  disgorging
A disgorging.
Group Universal Life Products. Universal life insurance plans sold to members of a group, such as individual employees of an employer. There are some differences between GULP plans and individual universal life plans; for instance, GULP expense charges generally are lower than those assessed against individual policies.
Group Universal Life Policy. Universal life insurance on a group basis. See: Group insurance.
Group universal life plan. group life insurance that combines two features: death benefit protection for named beneficiaries through term insurance, and an investment element that can create permanent insurance or accumulate money tax-deferred. Participation is voluntary and the employee pays the full cost.