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What is the Guaranteed Purchase Option (GPO)?

April 26, 2017GPO guaranteed option purchase

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What is the Guaranteed Purchase Option (GPO)?

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A. A Guaranteed Purchase Option is an optional benefit that allows you to increase your monthly benefit at certain specified dates regardless of future medical insurability. Typically, a GPO will allow you to increase on the second, fourth, six and eighth annual renewal of your policy. For more information concerning a GPO benefit, please contact our customer service area.