Insurance Reviews USA: Great Western Life Insurance - Customers Reviews and Overviews

Thursday, December 21, 2017

Great Western Life Insurance - Customers Reviews and Overviews

            Great Western Life Insurance - Customers Reviews and overviews :

The Great Western Life Insurance was established in 1891, and it resides at Winnipeg, Manitoba, Canada. Initially the company had started providing life insurance specially to the farmers and the locals around that region. Slowly then the company started extending its hand throughout the country after it cleared all the financial struggles it had during the early 20th century. Then by 1906 The Great Western Life Insurance had already started to spread inside the US market(Starting from Fargo, North Dakota).

In 1969, the company was purchased by The Power Corporation and by 1984 Power Financial established so as to hold the company for Great West and others minorities. At present The Great Western Life Insurance Company represents The Great West Life Assurance Company along with several other companies like The Great West Life and Annuity, as a part of the Power Corporation.

It is also marked as the 12th Largest life insurance company in the world as for the record of 2017. Its offices are located at USA and Canada. The company however, doesn't provide the service of online quoting and online products sales at this very moment. Thus, the products are sold through the financial specialists or independent agents throughout their functioning territory.
After this basic overviews lets move to customers reviews and complaints about this insurance. People have both positive and negative reviews for this life insurance. We have collected both the positive and negative reviews of the people.


                    Great Western Life Insurance Customers Reviews and Overviews :

Clients have reviewed many complains as most of them have not been getting their policy claim in time. The company doesn't seem to be punctual and are responsive towards the insured ones claiming for their insurance policy and other expenses. Reviews show that the processing of insurance claim is also done very slowly even after the acceptance of the claim form.

The Customer ratings are comparatively low. People are not satisfied with the management of the company as it seems to be very unorganized and unprofessional. The won't provide you good services unless you give them your money. Therefore, the customer service is completely dissatisfying. 

The customers aren't informed, if there are certain changes in the Company. There is no seriousness shown towards the money of the customers. Time and again they are made to pay certain charges in the name of various policy changes which they are not even informed about. The Company lacks consistent in decision-making with no proper structure of the management.

The management of the company often experiments with newer business strategies. The departments are assigned with pretty great supervisors. However, they are underpaid. The Employee culture also seems to be rather unique here. People who’ve been working there for a longer time aren’t benefited much.


Since the Company is rather small, it provides a nice family feel to the working staffs there. It has a Great Top Management in order to work for. The staffs are provided with fair commissions. The Company facilitates its staffs with paid holidays along with paid time off, even if you have worked there for a short time period. 

The IT area has some pretty good staffs to work around with. There are many inventive, fun-loving and other great assisting employees. However, the Company itself doesn't seem to value its employees. Most of the staffs have reviewed about their co-workers being very nice and helpful to work with.

At Great Western Life you’re continuously being pushed to improve yourself. There are many opportunities here to learn about the aspects of insurance industry. Many ideas are aroused due to the continuous growing and changing nature of the company’s management.

The staffs have also reviewed about their President. For receiving praise and sufficient salary increase it depends upon how well are you known to the president rather than how well you work in the office. It is in fact clear that Favoritism and Sexism is distinctively present around the office environment.

The premiums offered for the health insurance of the employees are too high and deductible as well. It seems that despite the reputation established by the Company, it doesn't seem to have a good rating. The clients and the working staffs both doesn't seem to be satisfied with the Management.

The ratings of the company given at several websites vary accordingly. There are some sites claiming it to have zero complaints or no negative remarks along with an A+ rating. However, there are also several review sites that has pretty low ratings for the company. Such sites even suggests that the company as being a fraud one with no proper customer service.

               Hence this are some of the fusion of both positive and negative reviews over this company. Hope this article may have helped you out but if you have any experience or ant type of confusion then you can comment it us down below.

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