When you work with Great Western Insurance Company (GWIC®) for your Final Expense business, you have a partner who helps you succeed in your community today, tomorrow, and in the future.
Great Western Insurance Company (GWIC) was founded in 1983 by John E. Lindquist, owner of Lindquist Mortuaries & Cemeteries, a five-generation family business. Their funeral home background means they know the financial needs of funeral homes and the families they serve, and they understand the responsibility of being a trusted financial steward.
GWIC is part of a financially strong organization with more than $2.4 billion in assets. After working together for several years, American Enterprise Group acquired GWIC in 2018. They are licensed in 46 states and the District of Columbia. Their Surplus to Liability Ratio is among the highest in the industry, exceeding the margin of assets over liabilities and excess surplus standards that are averaged by America’s 25 largest life insurance companies (Standard Analytical Service, Inc. 2013).
GWIC makes qualifying for Final Expense insurance straightforward and easy by offering two whole life plans: Assurance Plus and Guaranteed Assurance.
Assurance Plus is designed for those in good health, looking for additional value. If your client can answer “no” to three simple health questions (four in Florida), they will qualify for a 25% increase of the full death benefit starting on day one with no required medical exam.
Guaranteed Assurance* provides coverage with absolutely no underwriting and no health questions to answer.
* The Guaranteed Assurance plan is not available in the state of Washington.