In 1936, Richard S. Holson founded Guarantee Trust Life (GTL). Since then, three generations of the Holson family have built and implemented the foundation of GTL to reflect pride and family values. Guarantee Trust Life continues to grow financially, and today offers health, accident, risk, and life insurance products and services across the United States.
Guarantee Trust Life Company History and Highlights
Since 1936, GTL has been committed to the customers who have placed their trust in the company. For over 80 years, the company has prioritized integrity, innovation, and service. Though a mid-sized company, its mission is to bring value to its customers’ lives by utilizing its experience and strong financial background.
Guaranteed Trust Life Plans and Riders
Guarantee Trust Life (GTL) offers two types of life insurance plans.
MultiLife
The MultiLife Insurance Plan is a joint-term policy that is only issued through employers. The plan covers accidental death and illness and offers up to $500,000 in coverage for two people.
Great Start
The Great Start Insurance Plan is a whole life insurance plan for children. Purchasing a whole life plan for your child ensures a lifetime of protection and a policy that builds cash value over time. Other features of this plan include:
- Coverage between $10,000 and $30,000
- No medical exam (only requires a health questionnaire)
- Level premiums up to age 25
- Options to purchase additional insurance
Third-Party Financial Strength Ratings
Why Principled Life Trusts Guarantee Trust Life
Though GTL offers only two life insurance products, the company has been around for 86 years, which speaks to its reliability. In addition, their strong financial rating from AM Best proves that the company is stable. Since 2017, GTL’s gains, assets, reserves, and net premiums have grown or remained steady.
