LIFE INSURANCE IRREVOCABLE BURIAL TRUST

The GCU Irrevocable Burial Trust (IBT)

provides insurance while offering

protection from unforeseen expenses later -

it’s advanced final expense planning

Why it’s a good idea?

• Assets in an IBT are not considered “countable” assets by Medicaid.

• Your clients can pre-pay for a funeral and all associated costs without choosing a specific funeral

home or visiting one.

• Funded with Whole Life insurance, an IBT has immediate tax-free growth and its death benefits

avoid probate.

• An IBT cannot be surrendered, dissolved or reversed; ensuring your clients’ wishes are carried

out.

• Your clients work directly with you, their trusted financial advisor.

Typically, when a client pre-plans and pre-funds their Funeral at a Funeral Home, there is no premium savings. 

For example, if a client wants to pre-pay a $10,000.00 funeral, it will cost them $10,000.00 upfront.  With Whole Life insurance,

either SPWL, 20 Pay or Life Paid up at 100, the client gets the premium saving's with the leverage of life insurance.