Great Western Final Expense Plans
Great Western Insurance Company uses feedback from Final Expense agents to provide better experiences for them and our policyholders. We re-evaluate our training materials and tools often to help agents assist clients with their end-of-life planning.
Great Plans
We’re introducing the new, online-only MyEnrollerSM 4.0, which allows you to enter three plan options on one application.
Great Assurance® plan:
This immediate benefit, first-day coverage plan is for those in good health.
- Issue ages: 50–85 years old
- Minimum face amount: $2,500
- Maximum face amount: $40,000 for issue ages 50–80; $25,000 for issue ages 81–85
- Accelerated Death benefit: lump sum payment based on the present value of the death benefit, included at no extra cost
- Accidental Death benefit: optional rider only available at the time of issue for a small premium; pays the full face amount, in addition to the policy’s death benefit
Graded Benefit plan:
This graded death benefit plan is for those who have some health conditions.
- Issue ages: 50–85 years old
- Minimum face amount: $2,500
- Maximum face amount: $40,000 for issue ages 50–80; $25,000 for issue ages 81–85
- 30% of face amount within Year 1; 70% within Year 2; 100% at Year 3+
Guaranteed Assurance plan:
This guaranteed issue plan requires no health screening.
- Issue ages: 40–80 years old
- Minimum face amount: $1,000
- Maximum face amount: $25,0001
- Limited Death benefit: pays 110% of the base coverage premium minus any loan or the full death benefit if the death is accidental death within Years 1 and 2.2 After 2 years, the full death benefit amount is paid.
Optional Child/Grandchild Protection rider
- Available for all three plans at the time of application or during a qualifying event
- Add to policies with a minimum face amount of $5,000 for only $1 per month. This single monthly premium covers all eligible children and grandchildren, and there is no limit on the number of covered children or grandchildren.
- Pays a one-time benefit of $2,500 on the death of a dependent child or grandchild
Great Service
We’re the life insurance company for you — your one-stop shop.
- Outstanding Agent Sales Support
- 100% electronic, including signature options
- Voice authorization signature for telephonic sales
- Electronic signature options work on all devices — even tablets or cell phones
- New MyEnroller 4.0 with instant-decisioning underwriting
- Claim payments within 5 days on average3
- No additional licensing or certificates are required to sell the three new products
- Free sales and marketing materials in English and Spanish
- Sales tools and training
- GWIC Final Expense 101 training video
- Comprehensive Agent Field Manual