Life Insurance

Term Life Insurance

Term Life insurance provides coverage at a fixed rate of payments for a limited period of time, maybe while your family is still at home and expenses are higher.

Term Life Insurance is typically the least expensive way to purchase a substantial amount of coverage amount per premium dollar. You may be able to renew coverage at the end of the term or convert the existing Term Life Plan to a Whole Life Plan. Term Life coverage does not accrue the cash value that Whole Life plans do.

Ten-Year Level Premium Term

For persons age 18 and above, the Ten-Year Level Premium Term policy may be the perfect answer to life insurance planning. Issued at a minimum of $25,000 and in increments of $5,000, the policy is payable monthly, semi-annually or annually in advance only (minimum monthly payment is $10). Premiums on the policy increase every 10 years.

20 Year & 30 Year Level Term

The perfect product for anyone looking for life insurance coverage of $100,000 or more, this product is issued from age 20 to age 80 for the 20 year product and age 70 for the 30 year product. The minimum death benefit is $100,000 for those age 50 and below, $50,000 for issue ages 51 to 65 and $25,000 for those over age 65.

Annual Renewable Term

For larger amounts of insurance protection, GCU offers an Annual Renewable Term policy. It’s issued to persons age 18 and up, in amounts of $50,000 and above. (Rates per thousand are discounted as higher levels of insurance are purchased.) Premiums increase every year and may be paid monthly, semi-annually or annually in advance (minimum monthly payment is $10). 

Term to Age 30

Term insurance offers a death benefit only and the Term to Age 30 policy will provide maximum protection to young members at the following rates: 

Ready to learn more about how GCU can fit into your life plans? Find an agent near you or call 1-855-306-0607.