A message from Gleaner Life regarding COVID-19

March 19, 2020

With growing uncertainty about the novel coronavirus (COVID-19), we at Gleaner Life Insurance Society want our members to know that we’ll be available to help. Gleaner Life has withstood depressions, world wars and global pandemics throughout our 125 years. History suggests that times of great anxiety are not ideal for making sudden changes with unknown consequences. In these unknown times, Gleaner is proud to have the strongest balance sheets in our storied history and continue to have zero debt. Gleaner’s stringent investment standards, comprising primarily of high-grade bonds, and professional investment management enable us to weather economic fluctuations and uncertainties such as these.

While the full extent of today’s challenges will not be known for weeks or months, life insurance and annuities have always been among the safest financial solutions. On top of that, their main purpose is family protection. We invite all our members to take solace in the words of Chairman Emeritus and Past President Frank Dick with regard to Gleaner annuities: “Every morning when you wake up, you are worth more than you were the night before!” This is our promise to members, through any economic storm.

Because the safety and well-being of our employees is of the utmost importance, we have temporarily decreased the number of employees on-site at our Home Office in order to reduce potential exposure. Many are working from home, and only critical employees will remain on site. We have also cancelled large-scale meetings for the foreseeable future. We will continue to monitor developments and adhere to recommendations set by the State of Michigan and the CDC.

If anything changes, we will keep you informed. If you have any questions, please contact us at gleaner@gleanerlife.org.