What is the minimum guaranteed surrender value for GCU Triple Advantage PLUS?

The policy provides limited liquidity, allowing for penalty-free withdrawals of up to 10% of the beginning balance in years two and three. Surrender charges apply if more than the allowed amount is withdrawn: 5% in the first year, 3% in the second year, and 1% in the third year. However, in the event of the annuitant’s death, no surrender charges are imposed on the death benefit, ensuring that beneficiaries receive the full value of the annuity. The policy does not include long-term care or terminal illness waivers. The minimum initial deposit is $300, with a maximum of $500,000, and it is available to individuals aged 0 to 95.

What is the minimum premium amount for GCU Triple Advantage PLUS?

The minimum premium amount is $300.

What is the maximum issue age for GCU Triple Advantage PLUS?

The maximum issue age is 95 years.

What is the current interest rate for GCU Triple Advantage PLUS?

The current interest rate is 4%.

What is the surrender charge schedule for GCU Triple Advantage PLUS?

Surrender charges apply if more than the allowed amount is withdrawn: 5% in the first year, 3% in the second year, and 1% in the third year. However, in the event of the annuitant’s death, no surrender charges are imposed on the death benefit.

What are the best rates available for GCU Triple Advantage PLUS?

The best available rate is 4.90% for a 3 year term.

GCU

GCU Triple Advantage PLUS

About this product

The GCU Triple Advantage PLUS is a 36-month Multi-Year Guaranteed Annuity (MYGA) designed to provide a secure and predictable investment option. It offers a guaranteed interest rate for the entire three-year term, with rates tiered based on the initial deposit amount: 4.00% for $300–$4,999, 4.50% for $5,000–$49,999, and 4.90% for deposits over $50,000. This annuity is suitable for individuals seeking a short-term, low-risk investment with the benefit of tax-deferred growth. It accommodates additional deposits and is eligible for qualified plans, making it a flexible choice for retirement planning.

Available Rates

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

3 Years

4.90%

Available Guarantee Periods

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

$300.00 - $4,999.00	4%
$5,000.00 - $49,999.00	4.5%
$50,000.00 - $500,000.00	4.9%

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