What is the minimum guaranteed surrender value for GBU Life Asset Guard?

GBU Life’s MYGA policy ensures the safety of principal while providing a guaranteed return over a fixed period. The policy includes features such as free annual withdrawals, market value adjustments, and renewal options. It also offers protection through its nursing home, ADL, and critical illness riders. The annuity is backed by a financially strong, member-driven organization with a history of consistent surplus and asset growth.

What is the minimum premium amount for GBU Life Asset Guard?

The minimum premium amount is $25,000.

What is the maximum issue age for GBU Life Asset Guard?

The maximum issue age is 95 years.

What is the current interest rate for GBU Life Asset Guard?

The current interest rate is 4.75%.

What is the surrender charge schedule for GBU Life Asset Guard?

During the surrender charge period, withdrawals exceeding 10% will be subject to a surrender charge that may be higher than fees associated with other types of financial products and may reduce principal. The Market Value Adjustment (MVA) is a positive or negative adjustment based on the current interest rate environment at the time of withdrawal. An MVA and a surrender charge will apply if you access more than the 10% free withdrawal before the end of the initial interest rate guarantee period. The MVA does not apply to withdrawals after the surrender charge period, 10% free withdrawals, the death benefit or when the contract is annuitized.

What are the best rates available for GBU Life Asset Guard?

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

GBU Life

GBU Life Asset Guard

About this product

The Asset Guard Series Multi-Year Guaranteed Annuities (MYGA) by GBU Life provide predictable growth and guaranteed interest rates over 2, 3, 4, or 5 years. These annuities are designed for individuals seeking principal protection, tax-deferred growth, and the option to make penalty-free withdrawals. GBU Life’s MYGA also offers added flexibility such as the ability to add funds during a specified window and various benefit rider options for health-related hardships.

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