Want to know which policy you can qualify for with Great Western Insurance? Here are the qualifying questions:
1) In the last two years, has the applicant been a patient in hospice, a hospital, or a nursing home for five or more days?
2) Is the applicant unable to independently perform routine activities such as bathing, dressing, eating, toileting, or transferring to or from a bed or chair?
3) In the last two years, has the applicant been diagnosed with, been prescribed medication for or treated by a healthcare provider for any of the following diseases:
- Cancer (other than basal cell carcinoma), Tumor, Insulin-Dependent Diabetes, Human Immunodeficiency Virus (HIV), Acquired Immune Deficiency Syndrome (AIDS), or Acquired Immune Deficiency Syndrome-Related Complex (ARC), or any Disorder of the Blood, Kidney, Lung, Brain, Heart, Circulatory System, or Liver?
- For Prescriptions: Please do not mark “Yes” if the prescription(s) is a maintenance medication and has remained the same (or the generic equivalent) at the same or at a decreased dosage for the past two years.
- For Treatment: Please do not mark “Yes” if your visit(s) with your healthcare provider in the last two years was a routine review of your maintenance medication and no additional treatment was given or diagnosis was made during your visit(s).
Guaranteed Assurance or Assurance Plus?
Once you’re gone through the questions above, then you’ll know how you’ll qualify. Here’s the breakdown:
- Assurance Plus: If all of the health questions are answered “NO,” then the proposed Insured is eligible for a Level Death Benefit.
- Guaranteed Assurance: If one or more of the health questions are answered “YES” or are not answered, then the Policy will be issued with a Graded Death Benefit.