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Real People, Real Claims
       “I’m a believer and tell everyone it is worthwhile
       to have [critical illness] insurance.”




        This is Karen Timchuk’s story, a Great-West Life critical illness insurance
        claimant with a rated policy.


        Years after she bought her critical illness insurance policy,                       “I was on long-term disability from my job and had to pay
        Karen Timchuk still clearly remembers how her longtime                              over $10,000 into my pension for the 11 months I was off,”
        financial security advisor positioned the product to her.                           she explains. “My plan is to retire in 2014. If I couldn’t afford
                                                                                            the pension contribution, I wouldn’t be able to retire on
        “I admit I was reluctant at first as I felt I already had decent
                                                                                            schedule.”
        insurance through my job,” she says. “But I remember my
        advisor telling me it was win-win … if you claim, you get a                         Karen also had some concerns knowing non-Hodgkin’s
        payment. And if you don’t claim, not only do you still have                         lymphoma can recur. But the benefit amount she purchased
        your health but you get the premium back. That convinced                            allowed her to set aside some funds as a security blanket in
        me.”                                                                                case she relapses. It also gave her the opportunity to buy a
                                                                                            new car (saving her this additional expense in the coming
        Karen’s parents both had a history of cancer, which resulted
                                                                                            years), and says “every time I get into my vehicle, I think of it
        in her policy being rated. “The premium was around $50 a
                                                                                            like my cancer present, a present to me.”
        month more with the rating,” she says. Karen purchased a
        policy in 2006 with the Flexible Return of Premium                                  Karen has recovered and returned to work in October. She
        (20+ years) Rider.                                                                  is thankful that her advisor persisted in convincing her to
                                                                                            purchase critical illness insurance. “At that time, I was in my
        A few years later, in late 2009, Karen suffered sudden back
                                                                                            early forties and felt invincible,” she says. “But I could see it
        and abdominal pain which, when investigated, revealed both
                                                                                            was in my best interest and with the return of premium, it
        non-Hodgkin’s lymphoma and colon cancer. “Needless to say,
                                                                                            wasn’t like I was throwing money away. Even with the rating,
        December was dark and gloomy for me,” Karen says. “The
                                                                                            I still felt it was a good deal for me. I’m a believer and tell
        fact I was going to get $100,000 was the only good news I
                                                                                            everyone it is worthwhile to have insurance.”
        got that month.”
        Karen used her payment to cover the cost of chemotherapy-
        related drugs not covered by her health plan, take a trip with
        her spouse in between treatments and keep up her pension
        plan contributions.




        The information and views expressed are solely those of the individual represented but may have been edited for brevity.



         For more information about how Oasis™
         critical illness insurance may fit your needs,
         ask your representative for an illustration.




B3024-12/10                           Great-West Life and the key design and Oasis are trademarks of The Great-West Life Assurance Company.

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B3024 Timchuk Testimonial

  • 1. Real People, Real Claims “I’m a believer and tell everyone it is worthwhile to have [critical illness] insurance.” This is Karen Timchuk’s story, a Great-West Life critical illness insurance claimant with a rated policy. Years after she bought her critical illness insurance policy, “I was on long-term disability from my job and had to pay Karen Timchuk still clearly remembers how her longtime over $10,000 into my pension for the 11 months I was off,” financial security advisor positioned the product to her. she explains. “My plan is to retire in 2014. If I couldn’t afford the pension contribution, I wouldn’t be able to retire on “I admit I was reluctant at first as I felt I already had decent schedule.” insurance through my job,” she says. “But I remember my advisor telling me it was win-win … if you claim, you get a Karen also had some concerns knowing non-Hodgkin’s payment. And if you don’t claim, not only do you still have lymphoma can recur. But the benefit amount she purchased your health but you get the premium back. That convinced allowed her to set aside some funds as a security blanket in me.” case she relapses. It also gave her the opportunity to buy a new car (saving her this additional expense in the coming Karen’s parents both had a history of cancer, which resulted years), and says “every time I get into my vehicle, I think of it in her policy being rated. “The premium was around $50 a like my cancer present, a present to me.” month more with the rating,” she says. Karen purchased a policy in 2006 with the Flexible Return of Premium Karen has recovered and returned to work in October. She (20+ years) Rider. is thankful that her advisor persisted in convincing her to purchase critical illness insurance. “At that time, I was in my A few years later, in late 2009, Karen suffered sudden back early forties and felt invincible,” she says. “But I could see it and abdominal pain which, when investigated, revealed both was in my best interest and with the return of premium, it non-Hodgkin’s lymphoma and colon cancer. “Needless to say, wasn’t like I was throwing money away. Even with the rating, December was dark and gloomy for me,” Karen says. “The I still felt it was a good deal for me. I’m a believer and tell fact I was going to get $100,000 was the only good news I everyone it is worthwhile to have insurance.” got that month.” Karen used her payment to cover the cost of chemotherapy- related drugs not covered by her health plan, take a trip with her spouse in between treatments and keep up her pension plan contributions. The information and views expressed are solely those of the individual represented but may have been edited for brevity. For more information about how Oasis™ critical illness insurance may fit your needs, ask your representative for an illustration. B3024-12/10 Great-West Life and the key design and Oasis are trademarks of The Great-West Life Assurance Company.