Greatwest Insurance: Ensuring Your Future

Insurance is one of the most crucial decisions you can make for yourself and your loved ones. With so many insurance providers in the market, it can be overwhelming to choose one that best suits your needs. However, Greatwest Insurance is a company that stands out from the rest in terms of reliability and trustworthiness. In this article, we will take a closer look at Greatwest Insurance, its history, products, and customer service. We will also answer some frequently asked questions so that you have all the information you need to make an informed decision.

History of Greatwest Insurance

Greatwest Insurance was established in 1891 as Great West Life Assurance Company. The company’s headquarters are located in Winnipeg, Manitoba, Canada. Over the years, Greatwest Insurance has grown to become one of the leading insurance providers in Canada and the USA. The company’s success is attributed to its strong financial stability and customer-focused approach.

In 2003, Greatwest Insurance merged with London Life Insurance Company and Canada Life Assurance Company to form the Canada Life Financial Corporation. Despite the merger, Greatwest Insurance still operates under its original name, offering life insurance, health insurance, and retirement planning services.

Products Offered by Greatwest Insurance

Greatwest Insurance offers a wide range of insurance products to meet the diverse needs of its customers. Below are some of the products offered:

Product
Description
Life Insurance
Provides financial security in the event of the policyholder’s death.
Health Insurance
Covers medical expenses and provides financial support in case of illness or injury.
Disability Insurance
Provides a source of income if the policyholder is unable to work due to a disability.
Critical Illness Insurance
Covers expenses related to a critical illness such as cancer, heart attack, or stroke.
Retirement Planning
Helps individuals plan for their retirement by offering investment options and financial planning services.

Greatwest Insurance also offers group insurance and pension plans for businesses and their employees.

Customer Service

Greatwest Insurance is known for its exceptional customer service. The company has a team of experienced professionals who are dedicated to helping customers find the right insurance products for their needs. Greatwest Insurance also offers online resources and tools to help customers manage their policies and claims.

The company’s website is user-friendly and informative, providing customers with detailed information about its products and services. Greatwest Insurance also has a customer service hotline that is available 24/7 to address any inquiries or concerns from customers.

FAQs

1. What is the minimum age to apply for Greatwest Insurance?

Greatwest Insurance offers insurance products to individuals who are 18 years or older.

2. How can I file a claim with Greatwest Insurance?

You can file a claim with Greatwest Insurance by visiting their website and filling out the online claim form. You can also call their customer service hotline to report a claim.

3. How long does it take for Greatwest Insurance to process a claim?

The processing time for a claim varies depending on the type and complexity of the claim. Greatwest Insurance strives to process claims as quickly as possible, and customers are updated on the progress of their claims regularly.

4. Can I cancel my policy with Greatwest Insurance?

Yes, you can cancel your policy with Greatwest Insurance at any time. However, cancellation fees may apply depending on the policy.

5. Does Greatwest Insurance offer discounts on premiums?

Yes, Greatwest Insurance offers discounts on premiums to customers who meet certain criteria, such as non-smokers, healthy lifestyle choices, and good driving records.

Conclusion

Greatwest Insurance is a reliable and trustworthy insurance provider that offers a wide range of insurance products to meet the diverse needs of its customers. The company’s strong financial stability, exceptional customer service, and user-friendly website make it an excellent choice for anyone looking for insurance products. We hope that this article has provided you with valuable information about Greatwest Insurance and its products and services.