Great West Life Group Critical Illness Plan

Posted on March 19, 2010 and updated April 12, 2018 in Canadian Life Insurance Companies, Great-West Life Assurance Company, Group Benefits, Insurance Types, Life Insurance Canada News 2 min read

Great West Life is a leading provider of group insurance in Canada. They also offer a very competitive Group Critical Illness Plan.

The plan is available for group sizes of three lives or more. They offer basic coverage amounts for children and dependants of $5,000. Coverage amounts on spouses can be a basic amount of 10,000 and further option amounts can be $10,000 to $250,000.

Coverage amounts for employees include $10,000 to $250,000 (depending on the size of the group) for basic plans and optional amounts can be another $10,000 to $250,000. There is no continuation or conversion option.

The special features are that when a benefit of $10,000.00 or more is paid, Great West Life will make a $5,000.00 donation to a registered charity of the claimant’s choice.

For more details on Great West Life’s group critical illness plan, you can contact us at 1-866-899-4849 or visit our Group Benefits Online Quotes Page.

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