For many who are approaching their retirement years, one of the biggest concerns is “outliving” their savings.  In other cases, folks are looking for an income “bridge” following retirement that provides income until either Social Security or their pensions kick in.  A Single Premium Annuity from GCU can provide income over a lifetime that can NEVER run out, or provide a fixed amount of monthly income for a specified period of years.

Fixed Deferred Annuities from GCU are designed to help you accumulate funds in a safe and secure way.  Your money earns interest at a fixed rate that will never drop below a minimum guaranteed rate.  Your money grows tax deferred, which means you don't pay taxes on your earnings until you withdraw money from your annuity.   If you're looking for a way to protect your retirement savings and want to avoid investments tied to the stock market, a fixed deferred annuity may be the right choice for you.

Term life insurance provides coverage at a fixed rate of payments for a limited period of time. It is typically the least expensive way to purchase a substantial amount of coverage amount per premium dollar.  You may be able to renew coverage at the end of the “term” or convert the existing Term Insurance Plan to a Whole Life Plan.

“Whole Life” accurately describes this type of Life Insurance.  Based on the plan you choose, whether you pay just one premium, a limited number of years, or payments for your lifetime, Whole Life coverage protects you for a lifetime, and can accumulate a substantial cash value that can be used DURING your life.