GCU Life One Plus Four Annuity
Current Fixed Rate
3.90%
The GCU Life One Plus Four policy is a one-year guaranteed fixed annuity. After the one year contract anniversary, owners have 30 days to withdraw or transfer their funds penalty-free. If no action is taken within the 30-day window, a new 4-year annuity term begins.
There are no age restrictions on this annuity, but the policy is only available in a few states nationwide. Qualified and non-qualified funds are accepted. No surrender penalties at death on the one year term — or if the additional 4-year term is activated.
More Annuity options from: GCU Life
Notable Features
You have 30 days to surrender your annuity after the one-year term. If you don't act within those 30 days, then a new 4-year term will begin.
Additional Details
Product Type
MYGA (Multi-Year Guaranteed Annuity)
Term
1 Year
Free Withdrawals Yr1 / Yr2+
0% / 100%
Surrender Schedule
9%, 7%, 5%, 3%, 1%
Maximum Age
100
Minimum Investment
$300
Maximum Investment
$200,000 without prior approval
What We Like About This Annuity
This is a short one year annuity that is completely liquid after the 12 month term is completed. Very small minimums needed to start account.
Other Popular Products
GCU Life also offers immediate annuities with competitive lifetime payouts. Our clients also like their single premium whole life insurance and adult term life policies.
About GCU Life
GCU Life
AM Best Rating: A- Excellent (4th of 13 ratings)
https://gcuusa.com/
About GCU Life
GCU Life is a Fraternal Benefit Society founded in 1892. The company’s core goals are funding social activities, engaging in community involvement, and creating value-added opportunities for its members.
They are a not-for-profit life insurance company specializing in fixed and income annuities. They also offer both whole and term life insurance policies.