GTL Heritage Plan Graded Whole Life

Company Description

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.

Product Description

Guarantee Trust Life Insurance Company has officially launched "Heritage Plan," a new Graded Benefit Whole Life Insurance product that helps protect your client's family's future. Where the premiums never increase, there is no medical exam needed, a simple application process, and whole life insurance accumulates cash value.

GTL Heritage Plan Graded Whole Life Highlights:

  • Guaranteed Premiums  Insured’s premium cannot be changed due to declining health. Heritage Plan premiums will remain the same as long as coverage is in force.

  • Guaranteed Benefits  Insured’s can be sure that as long as premiums are paid, coverage will never be changed or canceled.

  • Easy eApplication Process  Simply fill out the application. There is no need for a medical exam or lengthy process.

GTL Heritage Plan Graded Whole Life Highlights:

  • Issue Ages - 40-90 years
  • Death Benefit Amounts - $2,500 to $25,000
    • Death Benefit in year 1 is Premiums Paid plus 5%
    • Death Benefit in year 2 is 50% of the face amount
    • Death Benefit in year 3 is 100% of the face amount

GTL will pay the full face amount on accidental death in year 1 and year 2 under the Temporary Accidental Death Benefit.

Learn more about selling Whole Life plans with GTL. PSM offers an array of the top Life Insurance contracts along with consulting on Final Expense Lead Generation and the most effective way to market Senior Life Insurance products.