Life Insurance Reviews

Great-West Life Life Insurance Reviews

This page has been viewed by: Please wait... consumers
(16 reviews)
Great-West Life
2.6 out of 5 stars:
Customer service:
Value for Money:
Share your own experience
Write a review

Not worth the money.

by Dallas on Jul 18, 2017
1 out of 5 stars

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.

0 of 0 people found this review helpful. Did you?

YesNo
Review topics

Love my GWL life insurance!

by marklg on May 11, 2012
5 out of 5 stars

I get my GWL life through my company, and it is simple to use!

0 of 1 people found this review helpful. Did you?

YesNo

N/A

by Anonymous on Apr 11, 2012
3.5 out of 5 stars

They are okay to deal with however hear very little from them or their agent that looks after me.

0 of 1 people found this review helpful. Did you?

YesNo
Did you know that mortgage insurance is the same as life insurance but more expensive and offers less protection? By cancelling it and getting life insurance, you would typically save around 30%-40% for the same coverage.

N/A

by Anonymous on Apr 11, 2012
3.5 out of 5 stars

Good newsletter every year

0 of 2 people found this review helpful. Did you?

YesNo

N/A

by Anonymous on Apr 11, 2012
3.5 out of 5 stars

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.

0 of 1 people found this review helpful. Did you?

YesNo
Review topics

N/A

by Anonymous on Apr 11, 2012
4 out of 5 stars

Good but they can be illusive as to coverage information.

0 of 2 people found this review helpful. Did you?

YesNo
Review topics