What is the minimum guaranteed surrender value for GBU Life – Asset Guard Select MYGA (2-, 3-, 4-, 5-Year Terms)?

Asset Guard Select is a Single Premium Deferred Annuity (SPDA) that credits a fixed interest rate for the entire duration of the selected guarantee period. The owner makes a one-time premium payment and selects a 2-, 3-, 4-, or 5-year term, during which interest grows tax-deferred and compounds daily. After the first contract year, the policy allows annual penalty-free withdrawals up to 10% of the contract value, while withdrawals above this amount may be subject to surrender charges and a Market Value Adjustment (MVA). At the end of each guarantee period, a 45-day window provides flexibility for renewal, surrender, or transition to another term without penalty.

What is the minimum premium amount for GBU Life – Asset Guard Select MYGA (2-, 3-, 4-, 5-Year Terms)?

The minimum premium amount is $25,000.

What is the maximum issue age for GBU Life – Asset Guard Select MYGA (2-, 3-, 4-, 5-Year Terms)?

The maximum issue age is 95 years.

What is the current interest rate for GBU Life – Asset Guard Select MYGA (2-, 3-, 4-, 5-Year Terms)?

The current interest rate is 4.75%.

What is the surrender charge schedule for GBU Life – Asset Guard Select MYGA (2-, 3-, 4-, 5-Year Terms)?

Withdrawals exceeding the 10% annual free-withdrawal limit, or a full surrender during the guarantee period, are subject to surrender charges and may also incur a Market Value Adjustment (MVA). Charges decline each year until reaching 0% at the end of the term. All funds become fully penalty-free at the end of the guarantee period or during the 45-day renewal window.

What are the best rates available for GBU Life – Asset Guard Select MYGA (2-, 3-, 4-, 5-Year Terms)?

The best available rate is 5.20% for a 5 year term.

GBU Life

GBU Life – Asset Guard Select MYGA (2-, 3-, 4-, 5-Year Terms)

About this product

The GBU Life Asset Guard Select MYGA is a single-premium Multi-Year Guaranteed Annuity (MYGA) issued by GBU Financial Life that provides fixed, tax-deferred interest growth and full principal protection across 2-, 3-, 4-, and 5-year guarantee periods. Interest rates are contractually guaranteed for the full term and compound daily, delivering stable accumulation insulated from market volatility. Designed for conservative savers, this MYGA supports predictable planning, principal protection, and flexible liquidity through annual penalty-free withdrawals and a 45-day penalty-free renewal window at the end of each term.

Available Rates

Rates are based on current simulation settings with premium amount $100,000.00

2 Years	4.95%
3 Years	4.95%
4 Years	4.95%
5 Years	5.20%

Available Guarantee Periods

Rates are based on current simulation settings with premium amount $100,000.00

$25,000.00 - $99,999.00	4.75%
$100,000.00 - $2,000,000.00	4.95%

Features
Maximum Issue Age	95 years

Lifetime Income Details

Payout Options

Annuitization

Lump Sum Withdrawal

Additional Options

Actual payout options may vary by insurance carrier and specific products. Common alternatives include:

Life Income Only: Payments for the rest of your life, stopping upon death
Period Certain: Guaranteed payments for a specific time period (5, 10, 15, or 20 years)
Life with Period Certain: Lifetime payments with a minimum guaranteed period
Joint Life: Payments continue for both you and your spouse's lifetimes
Systematic Withdrawal: Regular withdrawals of a specified amount or percentage