GTL Heritage Plan Product Update
Effective June 1, GTL (Guarantee Trust Life) is implementing a premium increase for new business and updated face amount limits for their Heritage Plan Life Insurance product.
The update is now available on all devices. Please update your device now to avoid any processing delays. Old applications will not be accepted as of June 1, 2021.
New Face Amount Limits
- Ages 40-85: $2,500 – 20,000
- Ages 89-90: $2,500 – 10,000
Replacement of another agent’s in-force Heritage Policy will not be permitted. Two (2) policy maximum per insured.
Effective June 1,2021
Example: Age 65, female, $10,000 death benefit, monthly premium
Current Rate: $59.83
New Rate (6/1/21): $64.83
Any policies submitted to GTL on June 1, 2021 or later with a June 1, 2021 effective date will receive the new rates.