Throughout our 125+-year history of navigating challenging events and volatile markets, GBU Life has fulfilled countless commitments from financial protection for young families through security for retirees and every dream in between. With a culture rooted in deliberate risk management, we strive to deliver competitive rates and share favorable results with our members. Member policies are backed by GBU Life’s consistently growing asset portfolio, which exceeds $3.4 billion. Our record $248 million surplus, the amount we hold over and above our member benefit reserves, helps to provide even more security. Standing behind every $100 of GBU Life policy obligations is $108 in assets. This solvency ratio of 108 percent means GBU Life can more than meet our commitments. Asset portfolio, surplus and solvency ratio information is as of CAGR12/31/20.isCompound
Contract Form Series: ICC20-WL, FL20-WL.2, FL20-SPWL.2ICC20-SPWL, GBU-SL-BR-0122
Annual Growth Rate of surplus or assets, as applicable, and was calculated for the period 12/31/16 through 12/31/20. Assets and surplus for each year are as of 12/31.
GBU Life is the marketing name for GBU Financial Life. Life insurance and policies are issued by GBU Financial Life, PO Box 645949, Pittsburgh, PA 15264-5257. Products referenced are offered and sold only by appropriately appointed and licensed entities, financial advisors and professionals. Not all products and riders are available in all states and may vary by state. Certain riders may not be available with all products. If you contact GBU, you may be offered information regarding the purchase of insurance products and/or contacted by a licensed insurance agent. No statement contained herein shall constitute tax, legal or investment advice. You should consult with a legal or tax professional for any such matters. . All products are subject to approval.
SECURE INSURANCELIFESERIES Permanent protection Guaranteed cash value Discover the GBU Life difference Visit GBU.org or call us at 800-765-4428
A.M. Best recognizes GBU Life’s fiscal responsibility and growth by rating us A-Excellent A.M. Best Company has rated GBU Financial Life A- since 2017. Third-party ratings are subject to change. A- excellent rating is 2nd best out of 7 possible rating categories. At GBU Life (GBU), we specialize in life insurance and annuity products to protect families and anchor Weretirements.dothings differently at GBU as we don't have shareholders. We don’t have clients. Instead, we have members—members who come to GBU Life to secure their futures, build their legacies and impact the communities around them. From the start, GBU Life has been member-owned and member-driven. As a not-for-profit company, we emphasize value—and values. Our members can realize their financial protection goals and give back to people and causes that matter most to them. Insurance that makes a difference We help deliver stability in an uncertain world
Secure Single Premium Whole Life (SPWL): Pay the policy’s entire premium upfront. This plan may be a good fit for charitable giving or special needs planning. Secure Cash Advantage Single Premium Whole Life (SPWL): Pay a one-time premium for the entire policy. Built for those who are more concerned with higher cash value. In most cases these have cash surrender values equal to the initial premium at the end of the first year.
Dividend payments are not guaranteed as the assumptions on which they are based are subject to change. Loans and withdrawals taken against a permanent life insurance policy will reduce the cash value and death benefit and may result in a taxable situation. A smart insurance solution for your whole life. Life insurance helps provide valuable financial security for the ones you love after you’re gone. That’s a given. Our Secure Life policies also build cash value while you’re living, which can make them a smart addition to your financial plan.
The opportunity to earn annual dividends. Dividends can increase your cash value, increase the death benefit, reduce premiums or be paid in cash. While dividends aren’t guaranteed, GBU Life has been paying them to our policy owners for decades. Features and add-ons. You have the flexibility to tailor coverage to ensure your policy fits your needs. This makes our whole life insurance a smart component of a sound financial plan.
Increase your coverage Guaranteed Purchase Options: The ability to buy additional coverage without going through the typical underwriting process can be valuable as you age or experience changes in your health.
Choose the plan that’s right for today and tomorrow
Paid-Up Additional Death Benefit Options: Converting policy dividends into additional coverage also increases your protection and builds more cash value. You can also increase your coverage, as well as the policy's cash value, by paying additional premiums. Waiver of Premium: If you become disabled, your premium payments are waived and your policy remains in force for as long as you are disabled. Expand your benefits Accidental Death Benefit Rider: If your death is the result of a covered accident, your beneficiaries will receive an additional benefit. Terminal Illness, Critical Illness and Chronic Illness Riders: Known as living benefits, these riders each enable you to tap into a portion of your death benefit to help cover the costs of treatment or care. Spouse and Child Coverage Riders: Adding coverage for family members as part of your whole life policy can be a convenient way to further protect your family. Life insurance protection that lasts a lifetime. You won’t have to worry about insurability down the road. As long as you pay the premiums, your policy stays in force. Premiums that won’t increase, ever. Fixed premiums make planning simple. Plus, we offer different payment periods so you can choose what’s right for your budget. Builds cash value over time, guaranteed. The cash value from your premiums grows tax deferred and can be used however you want: to pay for higher education, buy a home or supplement your retirement income.
Secure Whole Life: Paying fixed premiums to age 100 makes this the most budget-friendly way to own whole life insurance. Or, opt to pay fixed premiums to age 65, during working years, for a lifetime of coverage.
Purchasing a whole life policy for your child or grandchild is a forward-looking gift that guarantees insurability and savings. Our Youth 3 Pay Life plan is designed especially for children up to age 17. Premiums are paid in three annual installments. Along with life insurance protection from $5,000 up to $50,000, the Youth 3 Pay Life policy accumulates cash value that can be borrowed against or used for education, emergencies or buying a home.
Select from a range of optional riders
Coverages for disability, accident and/or illness are defined in the policy.
Whole life policies provide a death benefit for your lifetime while also building cash value and earning dividends. Coverage ranges from $5,000 to $5 million.
Gifts for children and grandchildren
Secure 10 Pay or 20 Pay Whole Life: Pay the premiums over a 10- or 20-year period, maximizing cash value growth and locking in long-term benefits. Secure Cash Advantage Whole Life: Accelerate cash value and dividend accumulation for retirement, education or other significant events.
