You can pick your term: Choose the low-cost, high face-value coverage you need from 10-, 15-, 20-, 30-, and 35-year term options. Your premiums stay the same throughout the entire term, making budget planning simple.
5 Great Things About GBU’s Select Choice Term Life Insurance
April 12, 2022
Term life insurance protects your loved ones by helping them meet financial commitments, such as mortgage payments or college educations, in the event of your premature death. Tailor coverage to fit your goals and budget and worry less about future financial what-ifs. Select Choice Term life insurance offers coverage up to $5 million, but that’s not all. Read on to find out more great things about Select Choice Term life insurance.
You can convert your policy: You can convert all or part of your policy to permanent whole life insurance at any point. After your level term period ends, your coverage becomes annually renewable, with rates increasing annually.
You have a backup plan for paying your premium: You can select a waiver of premium rider, which means that if you are unable to pay your premium under approved circumstances, GBU will pay it for you!
You can cover the whole family: GBU's Select Choice Term series offers both spousal and child riders, allowing the whole family to be covered under one policy.
You have a safety net for medical bills: If your policy is for $100,000 or more, you can add the Living Benefits Rider, which allows you to access part of your policy's death benefit to help with medical bills in the case of certain health events such as a terminal or critical illness.
GBU Life is the marketing name for GBU Financial Life. Life insurance is underwritten by GBU Financial Life (GBU), 4254 Saw Mill Run Blvd., Pittsburgh, PA 15227. Coverages for disability, accident and/or illness are defined in the policy. Products not available in all states. Please see policy and rider for complete details. Contract Form Series: ICC20-ART, FL20-ART.2, ICC20-ST, FL20-ST.2.
As we move into the second quarter of another exciting year, I want to take a moment to reflect on our accomplishments and share some of the new initiatives we are implementing in the realms of sales, marketing and community engagement. Over the past year, GBU Life has reached significant milestones thanks to the dedication and hard work of our team and the trust and support of our members. Our sales department has exceeded targets, and we have expanded our reach to more communities than ever before. We have launched several successful marketing campaigns that have not only increased our visibility but have also strengthened our brand's presence in the industry. For this year, our focus will be educating potential new members on the importance of securing their financial futures through life insurance and annuity products while serving their communities as part of our great Society. Looking ahead, we are committed to enhancing our sales strategies to better serve you. We are introducing some tools for our agents to enhance our products. One new tool is our Defined Benefit Annuity program which combines the Future Flex Fixed Index Annuity (FIA) with a software tool that can help determine retirement savings needs and break them down into contributions over time to help you meet your retirement goals. Be sure to keep in touch with your GBU agent to review your plans and products to see how adding an FIA to your retirement planning can help boost your savings efforts
GBU has designated four Community Pillars - Wellness, Education, Charitable Giving and Hometown Hero Support - which are a concentrated list of causes that resonate with our values.
Looking for new spots to explore this winter? Check out these three must-visit places for your next adventure.
Details and deadlines surrounding the GBU Foundation scholarship and grants for 2025.
Looking to try some new recipes this winter?
We've found some tips to keep up your sleeve this winter.
The Defined Benefit Annuity from GBU Life can help you to create a plan for a guaranteed income in retirement by making regular contributions based on your retirement income targets.
Graduating from college is an exciting milestone, but it’s also the perfect time to focus on your financial future. Building on the foundation you’ve already laid the groundwork for with smart money choices will set you up for long-term success. Here are a few key financial products to consider as you take the next step.
Kick-start your child’s journey to financial success with a whole life policy from GBU Life.
How well do you know the characters from the hit TV series The Office? Watch your reruns and get ready to test your skills in our winter trivia contest!