Guaranteed Life Protect - New: increased maximum coverage amount

We are pleased to announce that we are increasing the maximum Life insurance coverage amount on our non-participating, guaranteed issue, permanent life insurance product Guaranteed Life Protect^TM to $50,000 for ages 51 to 75 on both Fast & Full and paper applications.

Now, all ages from 40 to 75 will have the same maximum coverage amount of $50,000, making it simpler for you to recommend the right solution to your clients.

As a reminder, Guaranteed Life Protect is a permanent, non-participating whole life insurance with guaranteed level premium rates and is ideal for clients who have trouble being approved for fully underwritten life insurance coverage. 

Features include:

• Lifetime protection fully paid up at age 95
• Guaranteed Level Premiums
• Guaranteed Cash Surrender Values starting at the 5th policy anniversary
• Reduced paid-up values starting at the 8th policy anniversary
• No medical exam needed

Please note that GLP coverage amounts in excess of $25,000 for ages 51 to 75 can only be illustrated on our new eVision Insurance Illustrator™.