Great-West Life Life Insurance Reviews
Affordable Life Insurance?
- Rates from 20+ life insurers
- Premiums start at $12/month
- Standard & Guaranteed plans
- Can be purchased remotely
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I get my GWL life through my company, and it is simple to use!
They are okay to deal with however hear very little from them or their agent that looks after me.
Good newsletter every year
We had a 10-year policy that was due last year. The premium would have tripled at our age bracket, so we decided to change.
Good but they can be illusive as to coverage information.
I was forced to buy into group insurance. What they don't tell you is that it is a tiered system, meaning the high level management personnel receive extraordinary benefits on the backs of the mid-level employees. As middle management I was hit the hardest, my premiums were very high because of my salary, but I did not receive the top level of benefits and the already over paid upper management did. It still bothers me and when I left the company, I had paid more than 13 years of life insurance premiums that I was told had "no cash value". In a private plan, those premiums are often paid back to you, but I received nothing and was immediately without coverage the day I left the company. It is even incredible hard to get a clear answer what your benefits actually cover.