Great Western Final Expense Insurance
Great Western offers Final Expense Insurance plans designed to help individuals and their families prepare for the financial burdens associated with end-of-life expenses, such as funeral and burial costs.
Great Western's Final Expense plans typically provide coverage for end-of-life expenses, including funeral services, burial or cremation costs, and related fees. These plans aim to alleviate the financial burden on families during an emotionally challenging time. Policyholders can choose the coverage amount that suits their needs, allowing them to tailor the policy to their specific requirements.
A significant advantage of Great Western's Final Expense plans is that they often do not require a medical exam for approval. This makes it easier for individuals, including those with pre-existing health conditions, to obtain coverage. The application process is generally straightforward, and policies are typically issued quickly, ensuring that individuals can secure the protection they need without unnecessary delays.
Great Western's Final Expense plans often come with guaranteed premium rates, meaning that the monthly premium remains consistent throughout the life of the policy. This predictability allows policyholders to budget effectively and ensures that their coverage remains in force as long as premiums are paid. It provides peace of mind, knowing that loved ones will have financial support for end-of-life expenses.
Great Western's Final Expense plans offer a practical solution for individuals who want to ensure that their end-of-life expenses are covered and that their loved ones are not burdened with these costs.
About Great Western
Great Western is a subsidiary of Wellabe. Wellabe was founded by Watson Powell in 1929 as American Republic Insurance Company. From the beginning with 200 charter policies, our company was dedicated to providing personal insurance services at an affordable price.
Through sound fiscal responsibility, our young company survived the Great Depression, which came just six months later. By 1945, our company moved beyond our Iowa borders to do business in a second state, Minnesota, rapidly followed by more states. And today, Wellabe’s six insurance companies are licensed in 49 states and the District of Columbia and are recognized by AM Best as having excellent financial strength.
Mr. Powell’s vision was to create a company founded on the principal of caring. While we have seen tremendous growth over the years, that same caring attitude has carried on to today and will continue to carry on for the next 100 years as we unify under our new brand, Wellabe.
We are in a people helping people business, and our entire team is dedicated to always being here for our customers. That’s actually where the name Wellabe comes from – the phrase “we’ll always be.” We’ll always be here for our customers, fulfilling our promises and helping them be well. Even 90-plus years later, we are still caring for our customers, pushing boundaries, embracing growth, and transforming our organization.