Great-West Life Assurance CompanyBack to list
President: Paul Mahon
AM Best Rating: A+(Superior)
Assets: $46.987 billion
Net Income: $1.7 billion
Net Premiums Written: $4.377 billion
Financial Size Category: XV (2 billion or greater)
FSR Outlook: Stable
Best's Issuer Credit Rating (ICR): aa
ICR Outlook: Stable
As of Date: 07-02-2013
Organization Type: Stock
Specialty Lines of Business: Group A&S, Group Life Insurance, Variable Annuities
Marketing Type: Independent Agency Broker
Great-West Life Assurance Company
100 Osborne Street North
Toll Free: 1-800-665-0551
Web Address: www.gwl.ca
* Info courtesy of AM Best's Key Ratings Guide 2013
The Great-West Life Assurance Company is recognized as a leading financial services provider. It is through financial contributions and volunteer work of the staff and advisers that the company builds strong communities like their Key to Giving program, which provides financial support to health-based, non-profit organizations.
The members of the company can be assured that they receive the necessary individual products such as life, disability, critical illness, health and dental insurance, and services such as retirement and investment planning. One of their most interesting products within retirement and investment planning is the Residential Mortgage by which customers are offered tailored products by the team’s mortgage planning specialists. Mortgage life insurance enables you to add life insurance to your mortgage.
If launching a small, medium or large business, Great-West offers a variety of group benefits for your company, such as health and dental care, wellness and disability, life benefits, international benefit plans, accidental death and dismemberment benefits. The International Benefit Plan offers members the opportunity to insure their employees when in the U.S. or oversees, or employees from a foreign country. In addition, Great-West Life’s members enjoy the largest network of group retirement services advisers across Canada.
Citizens living in Canada and the U.S. all have the opportunity to benefit from Great West Life’s services.
LSM Great-West Policy News
Great-West Life Assurance Company Policies
1. Astra Program on their Universal Life policies - lowers the premiums on all Permanent policies issued with a rating
2. Very well priced Term plans
1. No Term 30 plan
2. Preferred rates not available on their Permanent policies