Guarantee Trust Life: A Simplified Issue Life Company

At A Glance

Guarantee Trust Life: A Simplified Issue Life Company has most useful information for life insurance agents including their rating, face amounts, issue ages, and application submissions.

  • A-

  • 40-90

  • $2,500-$20,000

  • Electronic only

  • Not Required

  • Heritage Plan available in 48 states and the District of Columbia (Not available in CA or NY)

Overview

"Heritage Plan" Continued

E-Application:

  • Exclusive e-application process available on Tablet, Smartphone, and PC Platforms

  1. Underwriting Simplicity:

    • No MIB, RX, PHI, or underwriting screens

    • 5 yes/no health questions

    • No height or weight guidelines

  2. Commission Assurance:

    • Full chargeback of commissions if any death occurs in the 1st year

  3. Instant Issue:

    • Immediate policy approval

  4. Electronic Policy Delivery:

    • Quick and efficient policy delivery electronically

  5. Payment Convenience:

    • ACH bank draft only

"Heritage Plan": Offers simplified processes, accessibility, and flexibility, making it a convenient choice for a range of individuals.

"Heritage Plan"

Plan: Tailored coverage with the following key features:

  1. Issue Age Range:

    • 50-85: Face amounts from $2,500 to $20,000

    • 86-90: Face amounts from $2,500 to $10,000

  2. Graded Death Benefit Whole Life Coverage:

    • Benefits range from $2,500 to $25,000

  3. Grading Structure:

    • Year 1: Premiums paid plus 5%

    • Year 2: 50% of policy face amount

    • Year 3: 100% of policy face amount

  4. Accidental Death Benefits:

    • Full face amount payable on accidental death in Year 1 and Year 2

  5. Sales Convenience:

    • Can be sold remotely

Request Contracting Form

If you would like to request contracting information about Guarantee Trust Life please fill out this form. This is for agents interested in getting appointed with FEB or returning FEB agents interested in adding additional companies to their portfolio.