GTM LIFE
FINANCIAL SECURITY FOR YOUR LIFE, HEALTH, RETIREMENT & MORE

GTM, THE PREMIERE INSURANCE PROVIDER IN GUYANA

The GTM Group of Insurance Companies has been providing exceptional services to generations for several years. Our team is committed to ensuring clients receive the quality they deserve, with specified customisation plans to meet their needs. Join us and experience the GTM way. Get a quote today!

GTM Life Insurance Company

Life is unpredictable. Will you be prepared financially for the future? Your financial security and that of your loved ones should be protected. An enjoyable retirement requires careful planning and sound financial investments. Our wide range of financial services includes life and health solutions and retirement planning. With almost a century of experience, the GTM Life Insurance Company can provide protection and preserve the standard of living of your family for years to come.

INSURANCE POLICIES

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Individual Life

An Endowment Life Insurance typically combines a term life insurance with a saving program.

Our Endowment Plans guarantee a lump sum benefit after a specific period (on maturity) or in instalments at fixed intervals throughout the life of the plan. Each Plan offers a risk-free saving program with a guaranteed return and is an ideal savings mechanism to fund your child’s future college or university education.

If death occurs during the life of the policy, your beneficiaries receive the full Sum Assured regardless of whether instalments were paid. This feature is not available for our Educational Endowment, Non-Participating Plan.

Customisation Options

You have the added flexibility of customising your Endowment Plan by purchasing the following add-ons known as riders.

    • Total Disability
    • Accidental Death and Dismemberment

Endowment 4-Payment, Participating Plan

    • 4 cash payouts every 5 years for 20 years up to the maximum of the Sum Assured
    • Dividends paid at maturity

Endowment 5-Payment, Non-Participating Plan

5 cash payouts every 3 years for 15 years up to the maximum of the Sum Assured.

Educational Endowment, Non-Participating Plan

Our Education Endowment is available for children up to the age of 14 years.  Payments of 20% of the Sum Assured are made at the anniversary of the policy once the child attains the age of 17 years and continues until the age of 21 years provided the policy remains in force.

Term life insurance provides the most cost effective coverage because it offers substantial protection at an affordable premium over a specific number of years. Our policies give you the option of choosing the length of coverage you need. During the period of your choice, your premiums are guaranteed not to change.

Our term life insurance solutions are ideally suited if you require:

    • Coverage for your mortgage or loan.
    • Financial security for your family.
    • Substantial coverage on a limited budget.

Conversion Option

Our Pinnacle Security and Term 10-Years allow you the option of converting your term policy to a permanent policy without having to take a medical exam or meet any additional requirement.

Customisation Options

You have the option of customising your Term Life Policy by purchasing the following add-ons known as riders.

    • Total Disability
    • Accidental Death and Dismemberment

GTM offers three Term Life Insurance options:

Futura

Our Futura is available for 20-Years or up to the age of 65.  All your basic premiums paid are returned at the end of the policy period.  The Futura up to age 65 provides an added benefit of a cash payout up to 60% of the accumulated basic premiums at the age 61.

Term 10-Years Renewable & Convertible

The Term 10-Years allows you to renew every ten years until age 65 at the same premium.

Pinnacle Security

Our Pinnacle Security Term Insurance offers multiple coverage options (10, 15, 20 or 25 years and up to age 70) along with a conversion guarantee at no extra cost.

Our Universal Life Insurance Plan, the Horizon Classic provides a dynamic combination of guaranteed permanent life protection and a flexible cash value accumulation.

In your younger years, cash accumulation would be a priority however, as you grow older, the need to provide guaranteed life protection for your family increases.  The Horizon Classic allows you to custom design your policy with emphasis on either guaranteed life protection or cash value accumulation.  Overtime, as your needs and priorities change, the Plan’s flexibility permits a shift in emphasis.

Need emergency cash? Your Horizon Classic Policy allows you to access your accumulated cash value by way of a withdrawal or loan.

Customisation Options

You have the added flexibility of customising your Horizon Classic Policy by purchasing the following add-ons known as riders.

    • Total Disability
    • Accidental Death and Dismemberment

A Whole of Life Insurance provides coverage for your entire life with guaranteed premiums, a cash value component, and death benefit.

Our Platinum Protector is a participating Whole of Life Insurance Policy, which pays a dividend on an annual basis after the first two years. Other features of our Platinum Protector:

    • Coverage remains in force for your entire life once the premiums are paid.
    • Premiums are guaranteed to remain the same for the life of the policy regardless of your age or health.
    • A cash value is generated from a portion of the premiums paid after the first two years and will grow each year. Your cash value can be accessed when you need it most by way of a withdrawal or loan.
    • Death benefit is guaranteed. Your beneficiaries will receive at minimum, the face value (Sum Assured) of the policy, assuming that the premiums are paid on time and there are no outstanding loans.

Customisation Options

You have the option of customising your Platinum Protector Policy by purchasing the following add-ons known as riders.

    • Total Disability
    • Accidental Death and Dismemberment

Our Individual Health & Family Care Plans

Health care can be very expensive for your family whether it is routine medical or dental checkups or an emergency that requires major medical intervention. Our Individual Health and Family Care Plans provide a wide range of benefits to protect you and your family and shield against rising health care costs.


Whether you require insurance for preventive health care expenses or protection against the financial burden associated with treating major illnesses such as heart attack, cancer, kidney failure or stroke, we have a plan that will meet your needs and your budget.

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Employee Benefits

Group Health

If you are an employer, ensuring that your employees stay healthy is a key ingredient to the success of your Company. Our flexible health care packages provide superior coverage that protects you and your employees. Each package can be tailored to the specific needs of your organisation.

Group Life

Our group life insurance packages are designed to meet the changing needs of today’s organisation and its employees. It is an added benefit under their compensation package and provides financial security to a beneficiary should an employee die from natural causes or accident during the course of employment. There is also a total disability benefit.

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Retirement Benefit Solutions

Pension Plans

It is never too early to start saving for retirement. Encouraging employees participation in the organisation’s Group Pension Plan ensures that they will have funds set aside for their golden years. Having a Group Pension Plan is an added employee benefit that may give your organisation an advantage when competing for and seeking to retain employees with skill sets, expertise and experience that are scarce. At GTM, we provide affordable retirement solutions with accompanying investments that are safe and guaranteed.

Annuity Products

As an individual, you need not participate in a Pension Plan to save for retirement. Our annuity products offer a risk free avenue for you to save for your retirement or to protect and grow your retirement savings. If you are a participant in a Pension Plan, annuities are ideal to supplement your benefits after retirement or used to maximise on lump sum payment received from a Pension Plan payout.

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Other Insurance

School Plus Plan

Our School Plus Plan provides insurance coverage for children attending school against accident death and dismemberment along with reimbursement of medical expenses due to accidents. The Plan covers full time students attending nursery, primary and high schools (both public and private). Coverage is for 24 hours per day and extends 365 days per year.

Sunset Plan

Our Sunset Plan is a burial insurance that pays in advance for your funeral expenses thus removing the financial burden from your loved ones. The maximum coverage is $500,000. Acceptance is guaranteed for ages 18 to 70 years, there are no medical requirements and coverage cannot be cancelled (renewal is guaranteed).

Acciprotect

Our Accident Protection Plan provides up to $2.5M accidental death benefit payable to your loved ones. The Plan pays up to $5,000 daily after the first day you are hospitalised due to an accident for up to 365 days. Acceptance is guaranteed for ages 18 to 69 and coverage cannot be cancelled regardless of claim history, provided you pay your premium.

Travel

Provides cover of expenses associated with medical emergencies, lost baggage, Personal Accident and other benefits while you are travelling overseas.

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WHAT OUR CLIENTS ARE SAYING

“In 2013, when my business was completely destroyed by Fire, GTM's efficient handling of my claim provided me with the peace of mind that all was not lost. I was able to rebuild my business and my livelihood due to the Company's commitment and excellent service delivery. GTM has stood with me when I needed it the most."

DENNIS CHARRAN

Managing Director, Comfort Sleep

DR. EMSCO REMY

Optometrist, Director of St. Lucia Eye Centre
"As a busy business man, effective management is vital to my business. Choosing GTM Insurance has taken me one step closer to achieving my business goal. GTM ensures that I have sufficient coverage for all potential risks and gives advance reminders of policies that are due for renewal"

GET INSURED TODAY!

The need for insurance is very important, especially in protecting your loved ones from financial burdens. GTM Group of Insurance Companies can help to provide financial security for you and your family in the most difficult times. Customise your coverage and protect those you love most with our comprehensive plans. Sign up and get a quote today!

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