Why Work With GBU Life?
Managing Smart:
With a culture rooted in deliberate risk management, we strive to deliver competitive rates and share favorable results with our members.
Member policies are backed by GBU Life’s consistently growing asset portfolio of $4.4 billion.
Our record $302 million surplus, the amount we hold over and above our member benefit re-serves, helps to provide even more security.
Standing behind every $100 of GBU Life policy obligations is $107 in assets. This solvency ratio of 107 percent means GBU Life can more than meet our commitments.
Delivering service that stands out:
We never forget that we answer to our members and our growth is fueled by member loyalty.
Nine in ten members say they would recommend GBU Life to family, friends and colleagues.
We believe satisfied employees create a superior service experience and it’s our members who benefit. We take great pride in being recognized as one of Pittsburgh’s best places to work.
97% of GBU Life’s employees report they give their best effort every day.
87% of members say our service is very or extremely responsive.(2)
Meeting high industry standards:
Our increasing membership base and favorable operating performance are acknowledged by the industry.
A.M. Best recognizes GBU Life’s fiscal responsibility and growth by assigning us one of the highest insurance company ratings. (3)
GBU Life is the marketing name for GBU Financial Life. Annuities are not short-term products and are issued by GBU Life, Pittsburgh, PA. Optional booster/contract
(or rider) fees increase the participation rate and are educated from the index strategy value at the beginning of the index term. Increased participation rates can result in greater interest credited. During the surrender charge period, withdrawals exceeding 10% will be subject to a surrender charge that may be higher than fees associated with other types of financial products and may reduce principal. Withdrawals for amounts over those allowed during the guaranteed period are subject to surrender charges defined in the contract. Withdrawals prior to 59½ may be subject to IRS penalties, separate from the annuity’s schedule of surrender charges. Products and features may vary by state. No statement contained herein shall constitute tax, legal or investment advice. You should consult with a legal or tax professional for any such matters. This is a summary of the contract provisions. Please refer to the contract for details or surrender charge schedule, benefits and exclusions. Contract Form Series: ICC23_SPDA_IA_CON_(01-23), SPDA_IA_CON_FL_(07-23), SPDA_IA_CON_(07-23), ICC23_FPDA_IA_CON_(01-23), FPDA_IA_CON_FL_(07-23), FPDA_IA_CON_(07-23). (2) GBU Life employee and member surveys were conducted in 1/2020. (3) Third party ratings are subject to change. For the latest Best’s Credit Rating, access www.ambest.com