Guarantee Trust Life (GTL)
Cancer, Heart Attack and StrokeEvery benefit below is transcribed from GTL Cancer, Heart Attack and Stroke brochure ADH09-16 (Rev. 1/24) 15B425. Benefits, amounts and riders vary by state; the policy issued to you governs.
Lump sum cancer benefit Included
A lump sum paid directly to you on a positive diagnosis of cancer as defined in the policy, up to $50,000, regardless of any other coverage you hold. Includes a 25% benefit for cancer in situ.
Lump sum heart attack and stroke benefit Included
A lump sum paid directly to you on a heart attack or stroke as defined in the policy, up to $50,000. Can be bought alongside the cancer policy or on its own.
Experimental treatment benefit Included
An extra 25% of your lump sum if you undergo a qualifying experimental treatment approved or endorsed by the FDA or the National Institutes of Health while being treated for cancer.
Benefit builder rider Optional rider
Adds benefits on top of the base lump sum, including an increase for certain cancers and coverage for transient ischemic attack.
- Issue ages
- 18 to 90, with a child rider available
- Renewability
- Guaranteed renewable for life
- Pre-existing conditions
- A pre-existing condition is one for which medical advice or treatment was recommended or received within the 24 months before your effective date, or for which symptoms existed that would cause an ordinarily prudent person to seek care in that period.
- Policy form
- G1530, G1531. Rider forms RG15CBB. Form numbers and benefits vary by state.
Required disclosures from GTL
In most states there is a 30 day waiting period, beginning on the issue date of the policy (not applicable in ID, MO, MT, SD. These states have an initial benefit period coverage on the base and certain riders.)
If a positive diagnosis is made during the waiting period, you may cancel the policy and receive a refund of all premiums paid on the policy and attached riders.