December 28th, 2009 by The Rider

Geico Life Insurance Revealed

GEICO life insurance was founded in 1936 by Leo Goodwin. Under his leadership, the insurance company attracted military personnel to its auto insurance policies with affordable premiums and competitive discounts. It is currently a well-known insurance agency and holds the title as the third-largest private passenger auto insurer in the nation, based on the latest 12 months written premium. With Tony Nicely as CEO, it is known to be the fastest expanding auto insurer with more than 8.5 million policyholders and 12 regional offices.

GEICO is a wholly-owned subsidiary of Berkshire Hathaway and has been successful as its property-casualty insurer. Along with GEICO Auto Insurance, GEICO Indemnity, GEICO General and GEICO Casualty, the company received awards from the following distributors:

• Moody’s Investors Service
• Standard and Poor’s
• Benchmark Group
• A.M. Best
• Kanbay Research Institute

GEICO understands the importance of finding the right insurance coverage for the policyholder and their family. They also understand how complicated the process is in handling a life insurance policy. Therefore, GEICO provides:

• Easy-to-read paperwork explaining the policy
• Agents with great customer service skills over the phone
• Convenient payment plans for consumers and policyholders
• Customized life insurance packages for an individual’s lifestyle

GEICO also has numerous lines of insurance, in case consumers and policyholders to choose from. They are the following:

• Homeowners
• Automobile
• Apartment
• Personal Umbrella
• Motorcycle
• Mobile Home
• Other types

GEICO life insurance employs 23,000 people, all willing to assist consumers and policyholders and provide them with affordable premiums. Insurance holders can call GEICO during normal business hours. If they are filing a claim, they can call 24-hours a day, all year round.

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