When you work with Great Western Insurance Company (GWIC®), you gain a partner focused on your success. GWIC is here to help you get the best return on your Preneed business. Just like the commitment you have to your families, we have a commitment to you. With GWIC, you can reduce the risk of Preneed shortfalls and increase your profitability.
With a Voyage Preneed policy, the value of the death benefit will be the higher of accumulated growth or the total of premiums paid. In some cases, as shown below, the total increase of the benefit from the original face amount is equivalent to approximately 14% per year growth (using a simple interest formula based on the number of years the policy was in force).
Example of death benefit increase:
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Original face/funeral amount: $7,770
Length of policy: 10.33 years
Death benefit paid: $19,680
Increase of death benefit per year, using a simple interest formula, is equivalent to 14.80%*
To learn how Voyage Preneed insurance can help you reduce the risk of shortfalls and increase your profitability, connect with a Regional Manager or fill out the form below.
*This is an actual case. GWIC’s calculations are based on a 76-year-old Voyage 10-pay policyholder who paid all premiums. A 14% annual increase in death benefit is not guaranteed. Voyage policies provide a death benefit which is the higher of the face amount, return of premiums, or accumulated discretionary growth on face amount. Returns will vary depending on its face amount and policy year count.
For agent use only. Not for consumer solicitation.
The policies are non-illustrated products. The policies and commissions have limitations and exclusions.