Ring in 2022!
Our new Asset Guard Multi-Year Guaranteed Annuities (MYGA) are a single premium product that guarantees your interest rate for 2-, 3-, 4- or 5-year terms, providing our members even more opportunities for assured growth of their funds.
GBU continues to grow in many ways. During 2021 we were approved to offer products in an additional 20-plus states; We gained 3,300 new GBU members through new policies and members who have joined our Society via Assumption Reinsurance transactions. We will add many more new members with our newest District 5000-Inddeeppeennddeenntt Order of Vikings (IOV), which we hope to finalize early in 2022. More news will be shared on that topic in the second quarter.
To support our continued growth, we have welcomed new employees in all areas of GBU. Further, we continue our technology and operations advancement to modernize and streamline new business and service processes. These changes will ensure that each of you, our valued members and distribution partners, have the best possible experience when working with GBU.
We are still closing out finances for 2021, but we expect strong growth in our assets while expanding our secure reserve funds. We will publish all of the details for you in the 2022 Annual Report, which you can anticipate during the year's second quarter. Although it is easy to feel uncertain about the world around us, we remain very confident at GBU Life in the year to come and look forward to building on the significant advancements we have made over the last few years to further strengthen and grow our Society in a secure manner.
We look forward to servicing and supporting you throughout 2022 and beyond.
All the best,
William Hunt, CEO
