How to name beneficiaries and fund a trust at Great Plains Life
Covers 2 insurance accounts — beneficiaries can be updated by phone
Brand change
Great Plains Life Assurance Company was merged into American Life & Security Corp. on December 1, 2016, per Midwest Holding Inc.'s SEC Form 10-K, and no longer operates as a separate insurer. American Life & Security Corp. ("American Life") in Lincoln, Nebraska services all in-force Great Plains Life policies: 402-489-8266, fax 402-489-8295, 2900 South 70th Street, Suite 400, Lincoln, NE 68506. Original Great Plains Life policy numbers are still valid. American Life's parent, Midwest Holding Inc., was acquired by an affiliate of Antarctica Capital on December 21, 2023. There is no separate American Life & Security Corp. record in this directory yet, so no successorId is set; all contacts on this record are American Life's. Effective December 2016.
The procedures below reflect Great Plains Life's accounts. Account servicing may transfer as the change takes effect.
Great Plains Life
Subsidiary of Antarctica Capital (via Midwest Holding Inc. / American Life & Security Corp.)
american-life.com→
American Life & Security Corp. (successor to Great Plains Life)
Phone402-489-8266
Fax402-489-8295
Mailing Address
American Life & Security Corp., 2900 South 70th Street, Suite 400, Lincoln, NE 68506
WebsiteLearn more→
American Life & Security Corp. (successor to Great Plains Life)
Phone402-489-8266
Fax402-489-8295
Mailing Address
American Life & Security Corp., 2900 South 70th Street, Suite 400, Lincoln, NE 68506
WebsiteLearn more→
American Life & Security Corp. - Claims
Phone402-489-8266
Fax402-489-8295
Mailing Address
American Life & Security Corp., 2900 South 70th Street, Suite 400, Lincoln, NE 68506
WebsiteNotify online→
Verified Jul 2026
Beneficiary designations are the foundation of estate planning for Great Plains Life policies. Unlike bank accounts, insurance products cannot be retitled into a trust. Instead, the beneficiary designation itself determines who receives the proceeds and how quickly they're paid. Naming a trust as beneficiary is an option when more control over distributions is needed.
The transfer rules at Great Plains Life vary across 2 policies. Below is a breakdown of beneficiary options, trust funding, and which products support each method.
Term Life InsuranceWhole Life Insurance
1
Call American Life & Security Corp. at 402-489-8266
2
Provide your policy number and verify your identity as the policy owner
3
Request that the beneficiary change form be sent to you; a phone representative cannot change the designation without a signed form
4
Complete, sign, and return the form by mail or fax (402-489-8295)
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- Policy owner signature is required on every beneficiary change
- If the policy has an irrevocable beneficiary designation, that beneficiary must consent to any change
- The original Great Plains Life policy number remains valid for all servicing requests
- American Life & Security Corp. publishes no policyholder forms on its public site; forms are obtained by phone at 402-489-8266
Sources
Data sourced from Great Plains Life primary sources (13 pages reviewed). How we research.
Download these Great Plains Life instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against Great Plains Life primary sources. Bring it to the branch or keep it beside the phone.
Great Plains Life
Subsidiary of Antarctica Capital (via Midwest Holding Inc. / American Life & Security Corp.)
american-life.com→American Life & Security Corp. (successor to Great Plains Life)
Phone402-489-8266
Fax402-489-8295
Mailing Address
American Life & Security Corp., 2900 South 70th Street, Suite 400, Lincoln, NE 68506
WebsiteLearn more→
American Life & Security Corp. (successor to Great Plains Life)
Phone402-489-8266
Fax402-489-8295
Mailing Address
American Life & Security Corp., 2900 South 70th Street, Suite 400, Lincoln, NE 68506
WebsiteLearn more→
American Life & Security Corp. - Claims
Phone402-489-8266
Fax402-489-8295
Mailing Address
American Life & Security Corp., 2900 South 70th Street, Suite 400, Lincoln, NE 68506
WebsiteNotify online→
Verified Jul 2026
Estate planning articles
Learn how to protect your Great Plains Life accounts and other assets with trusts, beneficiary designations, and estate planning documents.
