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Millennium Life

Life Insurance Glossary Life Insurance FAQ Life Insurance Calculators/Tools

Millennium Life Features
  • Competitive premiums
  • Preferred rates for non-tobacco users
  • Short form application
  • No medical exams
  • Even those with minor health impairments may qualify

The Benefits

  • Guaranteed benefits are paid as you specify directly to your beneficiary or beneficiaries as:
    • A lump sum, or
    • Monthly payments, or
    • A combination of both a Lump Sum and Monthly Payments
  • Guaranteed level premiums - premiums that will never increase
  • Several convenient premium modes available
  • Your policy can never be cancelled - except for non-payment of premium.
  • GILICO can never reduce your coverage.
  • No medical exam needed
  • Helps protect your family from having to use savings, CD's or other investments to pay for final expenses.
  • G.I.F.T.S. - Guaranteed Income for the Survivors - allows the beneficiary to receive a monthly income of between $100 and $500 per month for up to 10 years instead of, or in addition to, the traditional lump sum death benefit (subject to the policy minimum and maximum issue amounts).
Approved States
AL AR CA CO FL GA IA IL IN KS LA MI MO
MS NC ND NE NM NV OH OK SC TN TX WY  

All policies must be approved by the State Insurance Department or appropriate regulatory authority in the applicant's resident state.

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