GILICO Changes Are Coming Soon

CHANGES ARE COMING SOON! GILICOlink.com will soon be replaced by my.gilico.com At my.gilico.com, our agents/advisors and policyowners will soon be able to access more policy information online 24/7. From the dashboard, our AGENTS/ADVISORS will be able to view: Active and pending contracts Cash Value of your business Contributions Commissions Policy documents and client correspondence For the first time, our POLICYHOLDERS will be able to see contract details such as: Account value Fund Allocations Transactions Policy Documents Correspondence Watch your email for more details about my.gilico.com and other exciting changes, as we continue to help you grow your business!   GILICO
Read More

Categories: Guaranty Income, Industry News, and Linked Benefit/Hybrids.

Introducing GILICO National Accounts Director

Cary Carney National Accounts Director Cary Carney is the new National Accounts Director for Guaranty Income Life Insurance Company. In his role, he is responsible for account management, business development, sales strategy, recruiting and sales for annuities within the Independent Marketing Organizations. Cary has over 20 years of experience in the industry and has a diverse knowledge of distribution through the Independent Marketing Organization, Bank and Broker Dealer marketplace. Prior to joining GILICO, Cary worked with annuities and life insurance where he held numerous sales and sales management positions with a large fortune 500 financial services company. Cary also holds
Read More

Categories: Guaranty Income, Industry News, and Linked Benefit/Hybrids.

GILICO’s Home Office is moving!

Just a reminder that Guaranty Income LIfe’s Home Office will be closed for our move on Friday, January 18, 2019 and for Martin Luther King Day on Monday, January 21, 2019. Our phone and fax numbers will remain the same. However, we will be moving to a new phone system on Friday, which will cause interruptions in service. Sending an email rather than leaving a voicemail or sending a fax will ensure that your message or paperwork reaches us. Mail or overnight deliveries should be sent to our new address: 2638 S. Sherwood Blvd. Ste. 200 Baton Rouge, LA 70816-3404
Read More

Categories: Guaranty Income, Industry News, and Linked Benefit/Hybrids.

GILICO Introduces Exciting AnnuiCare Changes

Not Your Father’s Long-Term Care Insurance The Evolution of AnnuiCare®! GILICO is excited to announce a new generation of AnnuiCare® underwriting is here! Over the next few months, we will introduce multiple enhancements to the qualification process, which will make it easier to know if your client is a good prospect for AnnuiCare®. Phase 1 – Effective Immediately Introducing a Prescreen Form — No more Rapid Response Form! Based on the answers to the questions on the Prescreen Form you will know immediately whether or not you should take application. If you client answers “no” to all the questions, the
Read More

Categories: Guaranty Income, Industry News, and Linked Benefit/Hybrids.

GILICO 6 Year Products Are Now Available Above Age 79!

Higher Issue Ages Guaranty 6 issued through age 90! 3.40% Guaranteed for 6 Years Full Accumulation Value Death Benefit Interest Monthly After 30 Days IRA/RMD Friendly Guaranty 4 and Guaranty 6 annuities offer interest rates which are among the highest MYGA rates currently being offered! They offer safety, stability and triple compounding; and the extended issue ages and great rates make these an easy sale for many clients!   AnnuiCare® 6 issued through age 85! 3.40% Guaranteed for 6 Years Full Accumulation Value Death Benefit Effective April 1, 2018, clients over age 79 have an additional AnnuiCare® option. AnnuiCare® 6
Read More

Categories: Guaranty Income, Industry News, and Linked Benefit/Hybrids.

GILICO Announces AM Best Upgrade

November 1, 2017 PRESS RELEASE Contact: Forrest E. Mills, Jr., CFO Guaranty Income Life Insurance Company “A Kuvare Company” Phone: 225-383-0355 Fax: 225-388-0022 forrest@gilico.com www.gilico.com GUARANTY INCOME LIFE ANNOUNCES UPGRADE FROM A.M. BEST November 1, 2017, Baton Rouge, LA – Guaranty Income Life Insurance Company received upgrades from A.M. Best to their Financial Strength Rating (FSR) to B++ (Good) from B+ (Good) and their Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “bbb-.” The outlook on these Credit Ratings is “stable.” Dhiren Jhaveri, Chairman of Guaranty Income Life Insurance Company (GILICO), said, “We are pleased with the upgrade of
Read More

Categories: Guaranty Income, Industry News, and Linked Benefit/Hybrids.

Guaranty Income Life is Pleased to Announce it has Finalized its Acquisition by Kuvare US Holdings, Inc.

October 7, 2016 PRESS RELEASE Contact: Flynn Foster Phone: 225-383-0355 FOR IMMEDIATE RELEASE Guaranty Income Life Insurance Company Announces Closing of its Sale to Kuvare US Holdings, Inc. BatonRouge, LA. — October 3, 2016 — Guaranty Income Life Insurance Company (GILICO) is pleased to announce the closing of the company’s sale to Kuvare US Holdings, Inc. (Kuvare) today. Kuvare Holdings has completed its purchase of GILICO, a life insurance, annuity and long-term care insurance company based in Baton Rouge. The transaction, was subject to the Louisiana Department of Insurance approval, which was received last week. GILICO headquarters will remain in
Read More

Categories: Guaranty Income and Linked Benefit/Hybrids.