Founded in 1936, Guarantee Trust Life (GTL) Insurance Company is a legal mutual reserve company located in Glenview, Illinois, which provides a portfolio of competitive health, accident, life and special risk insurance programs.
Agent Benefits Include:
- Affordable, easy to sell plans
- Quick Policy Issue
- Simple Yes/No Application
Client Benefits Include:
- Guaranteed Issue between ages 64 1/2 and 65 1/2
- Daily Hospital Confinement
- Ambulance Trips
- Durable Medical Equipment
- Skilled Nursing Home Care
GTL Advantage Plus Brochure
Lump Sum Hospital Confinement Rider:
This rider will pay a lump sum benefit of $250, $500, or $750 if you are confined to a hospital. Some
primary health plans leave you with a lump sum hospital co-pay. This benefit can be used to help cover that
cost. The benefit is payable once during any period of hospital confinement. This benefit will restore after
60 days of not being confined to a hospital.
Durable Medical Equipment Rider:
This rider will pay 30% of the first $1,000 of actual charges per calendar year for durable medical
equipment such as a wheel chair, walker, cane, etc.
Skilled Nursing Facility Rider:
This rider will pay $120 per day from days 21-100 if you are confined to a skilled nursing facility. This
benefit applies if you are admitted to a skilled nursing facility after having been confined to a hospital for
3 consecutive days. We will pay benefits as long as confinement occurs within 30 days of hospitalization.
Some health plans cover skilled nursing facility care for only the first 20 days. The benefit can help cover
this gap. This benefit restores after 60 days of not being confined to a hospital or skilled nursing facility.
Accidental Death and Dismemberment Rider:
This rider will pay a cash benefit to you of either $5,000 or $10,000 should you die in an accident. In
addition, the rider pays dismemberment benefits outlined in your policy’s benefit schedule.
Your policy will also pay $175 a day for up to 7 days if you are confined to an inpatient mental health
facility. In addition, the policy will pay 100% of the first $150 of emergency room expenses if you are
admitted to a hospital within 24 hours after the emergency room visit due to accident or injury. These
benefits are available to you as part of your base policy at no additional cost.