Great West Life
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Written by
Jeffrey Johnson |
UPDATED: Aug 20, 2020
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Company Overview:
Company History: The Great-West Life Assurance Company was founded in Winnipeg in 1891. Now Great-West Life Assurance is the leading insurer in Canada. The company and its subsidiaries serve over 12 million people. Great-West Life has operations in the United Kingdom, Germany, Isle of Man, and Ireland through its subsidiaries. Great-West Lifeco (parent company) has operations in the US, Canada, Asia, and Europe. Great-West Lifeco and its subsidiaries are member of the Power Financial Corporation group of companies.
Principle Sales Methods: Career agents, independent agents, brokers, financial institutions
Life Annuity Business: Great-West sells Employer-sponsored Term and Optional Term policies, plus Individual Life and Annuity policies.
Health Business: Great-West Life sells Employer-sponsored Health, Dental, Vision and Short- and Long-term Disability policies. The company also offers critical illness insurance.
Special Business: Great West Life sells Business-owned Life Insurance products. The company is a leading provider of group insurance in Canada.