Great Western is acquiring United Fidelity.

Beverly Hills-based Great Western Financial said it signed a definitive agreement for its previously announced plan to acquire United Fidelity Life Insurance of Fort Worth, a wholly owned unit of Western Preferred. Terms were not disclosed. Fidelity will add $325 million to Great Western’s life insurance operation assets, which were $975 million as of last December, and will add $85 million to Great Western’s premium income.