Different plans give you different payment options. You can pay just one premium, make payments for a limited number of years, or make payments for a lifetime. Whole Life coverage protects you for as long as you live and can accumulate a substantial cash value that can be used during your lifetime.

Legacy Protector

Pay one premium and have fully paid-up cash value life insurance. Issued in any amount subject to current GCU non-medical limits. Excellent gift for children or grandchildren. Adults who do not wish to be concerned with ongoing premium payments can pay once and forget it. Issue Age 0-85.

Legacy Advantage 20

Many people select the GCU 20-Year Payment Life certificate because they pay premiums for only 20 years, and then become the owners of paid-up certificates. Even after the certificate is paid up, the cash value continues to grow. One of the nice features is that it accumulates cash value faster than Ordinary Whole Life Insurance. For this reason, the rates are somewhat higher. The GCU 20-Year Payment Life certificate is issued on amounts of $5,000 and above. 

Legacy Advantage

Ordinary Whole Life is your best buy when purchasing traditional whole life insurance. You receive the greatest amount of permanent protection for the smallest outlay of premium dollars. While Ordinary Whole Life premiums are payable for life, many people purchase this plan with the thought of terminating premium payments at retirement and electing a reduced paid-up insurance benefit. 

Irrevocable Burial Trust* 

The GCU Irrevocable Burial Trust (IBT) is a way to get the life insurance coverage you need now and protection from unforeseen expenses later. Assets in an IBT are not considered “countable” assets by Medicaid. You can pre-pay for a funeral and all associated costs without choosing a specific funeral home or visiting one. Funded with Whole Life insurance, an IBT has immediate tax-free growth and its death benefits avoid probate. An IBT cannot be  surrendered, dissolved or reversed by anyone, ensuring your wishes are carried out.

The GCU Irrevocable Life Insurance Burial Trust is available only on any new or existing GCU Whole Life policy.

* - This product is NOT available in Michigan or West Virginia.