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 days shorten and leaves begin to change, September invites us to refocus our minds to new possibilities. What better way to grow than by learning a new language?
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When it comes to planning for the future, there are few things more meaningful than knowing your legacy will make a lasting impact. At GBU, we’re proud to offer members the tools and resources needed to protect what matters most while also providing meaningful ways to give back.
Since December 2024, donors have contributed an impressive $1,443,000 to
the GBU Foundation, establishing new scholarship, educational grant and
donor-advised charitable funds. These gifts help to shape a brighter future for
students, communities and charitable causes across the country.
Legacy giving, also known as planned giving, is a meaningful way to leave behind an impact on the causes and organizations you care about. By incorporating life insurance and annuities into your estate planning, you can maximize the benefits of your legacy gifts, ensuring they are both impactful and tax efficient.