The Great Western

The Great Western Insurance Company provides basic whole life policies that are made specifically to cover burial costs and other final expenses. Although certain policies are guaranteed issues, persons in good health may be eligible for additional advantages like an early death benefit or a higher face value. However, the company's coverage quantities and policies are quite limited, and it has received many more complaints than is expected for a business of its size. Many clients would be better suited to buying insurance from a different company.

While insurance firms are required to provide a "free look" period, it typically lasts only 10 days. Great Western, on the other hand, gives a 30-day money-back guarantee. You'll get a complete refund of all premiums and fees paid if you change your mind and cancel your insurance within 30 days of its issue. Great Western's plans are less complicated than other insurance policies, which need medical tests and rigorous underwriting. There are no medical exams required for any of the programs. Some are guaranteed issues, which means you won't be turned down because of your medical history. This beneficial rider is included in some Great Western policies at no extra charge. All policies with a last expense plan offer accelerated death benefits, which allow you to access up to 90% of your policy's death benefit while you're still alive if you're diagnosed with a terminal illness.

Headquarters: Utah, the U.S
Number: 8009-959-010
Website: gwic.com