Protect what matters now

Select Choice

Term Insurance Series

Coverage that’s there when you need it

Term Life insurance protects your loved ones by helping them meet your financial commitments, such as mortgage payments or college educations, in the event of your premature death. Tailor coverage to fit your goals and budget and worry less about future financial what-ifs. Coverage ranges from $100,000 to $5 million.

  • Select Choice Term: Choose the low-cost, high face-value coverage you need from 10, 15, 20, 30, and 35-year term options. Your premiums stay the same throughout the entire term, making budget planning simple. Plus, you can convert all or part of your policy to permanent insurance at any point. After your term ends, you can elect to renew your coverage annually.

  • Select Choice Annual Renewable Term: Choose this one-year policy that can be renewed annually and is convertible to permanent insurance at any point. Premiums are structured to be lower at the start and gradually increase as the member’s age and earning potential increases. Or, members can elect to keep premiums fixed by reducing the coverage each year.

  • Select Choice Youth Term Life: Choose valuable protection for children and grandchildren, up to age 17. Our annually renewable policy gives you the option to insure children – and guarantee their future insurability.

Simple and affordable protection that fits your life now

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Expand your benefits

Choose from a range of optional riders

Waiver of Premium

If you become disabled, your premium payments are waived and your policy remains in force for as long as you are disabled.

Accidental Death Benefit Rider

If your death is the result of an accident, your beneficiaries will receive an additional benefit.

Terminal, Critical and Chronic Illness Riders

Known as living benefits, these riders allow you to tap into a portion of your death benefit to help cover the costs of treatment or care.

Child Coverage Rider

Adding coverage for children as part of your Term Life policy can be a convenient way to further protect your family.

Coverage for disability, accident and/or illness is defined in the policy. Term Life Application ICC20-ALC, FL20-LLA.2

We help deliver stability in an uncertain world

Throughout our 125+ year history of navigating challenging events and volatile markets, GBU Life has fulfilled countless commitments from financial protection for young families through security for retirees, and every dream in between.

With a culture rooted in deliberate risk management, we strive to deliver competitive rates and share favorable results with our members.

  • Member policies are backed by GBU Life’s consistently growing asset portfolio, which exceeds $3 billion.

  • Our record $230 million surplus, the amount we hold over and above our member benefit reserves, helps to provide even more security.

  • Standing behind every $100 of GBU Life policy obligations is $108 in assets. This solvency ratio of 108 percent means GBU Life can more than meet our commitments.

Asset portfolio, surplus and solvency ratio information is as of 12/31/19.

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CAGR is Compound Annual Growth Rate of surplus or assets, as applicable, and was calculated for the period 12/31/15 through 12/31/19. Assets and surplus for each year is as of 12/31.

Insurance that makes a difference

At GBU Life, we specialize in life insurance and annuity products to protect families and anchor retirements. And, we do things differently than most insurance providers.

We don’t have shareholders. We don’t have clients. Instead, we have members – members who come to GBU Life to secure their futures, build their legacies and impact the communities around them.

As a member-driven company, we don’t charge service or administrative fees. And we don’t have teaser rates that change in the future. Just solid solutions designed by insurance and investment professionals and supported by dedicated service representatives.

A.M. Best recognizes GBU Life’s fiscal responsibility and growth by rating us
A-Excellent, since 2017

Third-party ratings are subject to change.

Discover the GBU Life Difference

Get in touch with us 800.765.4428