Term Life
Ten-Year Level Premium Term
For persons age 19 and above, the Ten-Year Level Premium Term policy may be the perfect answer to life insurance planning. Issued at a minimum of $10,000 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.
Annual Renewable Term
For larger amounts of insurance protection, GCU offers an Annual Renewable Term policy. It’s issued to persons age 15 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:
$50,000 insurance -
$50 per year
$25,000 insurance -
$25 per year
$10,000 insurance -
$12 per year