GWIC updates Final Expense portfolio On May 1, 2021, Great Western Insurance Company (GWIC®) will adjust the Final Expense product portfolio. What is changing The minimum age on the Assurance Plus product will change from age 40 to age 50. The minimum face amount will increase to $2,500 on the Assurance Plus product. The chargeback period on deaths will now be 12 months on both Assurance Plus and Guaranteed Assurance products. Updated Agent Field Guide Manual is now available The “Agent Field Manual: Final Expense Whole Life” has been updated to align with the new changes. Click here to view
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AM Best upgrades GWIC’s rating to A (Excellent)
AM Best upgrades GWIC’s rating to A (Excellent) AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) of American Enterprise Group’s six insurance company subsidiaries. These subsidiaries operate under the brands of American Republic®, Medico®, and Great Western Insurance Company (GWIC®). With the upgrade, the outlook of these Credit Ratings has been revised to stable from positive. As an independent, non-government company, AM Best does not recommend products or services but does provide independent opinions of a company’s overall financial strength. For the latest ratings, access www.ambest.com. Read press release #goldencareagent #gwic #greatwestern
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