Thank you for selling Great Western Insurance Company’s (GWIC®) Final Expense. Your continued support is appreciated.

GWIC is committed to the Final Expense market and providing quality products to clients. After completing a thorough review of the Final Expense product, we have decided to change the commission chargeback rule in the event of death. If the death of the policyowner occurs within the first 12 months of the policy being issued, 100% of commissions will be charged back.

In accordance with your Agent Agreement and Commissions Schedule, GWIC will apply the changes to the chargeback rule on May 1, 2021. All policies written on and after May 1, 2021, will be subject to the new rules.

Your amended commission schedule documents are available to download through my.gwic.com.

If you have any questions about the commission updates, please contact GWIC’s Agent Care by calling 866-252-5594, option 2, or by emailing m1agentsupport@americanenterprise.com.
 

 

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