A Brief History of the Great American Life Insurance Company

The Early Years

The Great American Life Insurance Company (GALIC) was founded in the mid 1800s, making it one of the oldest life insurance companies in the United States. Originally based in Cincinnati, Ohio, GALIC quickly grew to become one of the most respected names in the industry.

The Move to New York

In the early 1900s, GALIC relocated its headquarters to New York City. The move was beneficial for the company, as it allowed them to access a larger pool of customers and resources. During this period, GALIC established itself as a leading provider in the life insurance industry.

Expansion and Innovation

In the decades that followed, GALIC continued to expand and innovate. The company was an early adopter of new technologies, such as automated underwriting and electronic billing. They were also among the first to offer a range of products, including term life insurance, whole life insurance, and annuities.

The Present Day

Today, GALIC is one of the most successful and respected life insurance companies in the United States. The company continues to offer a range of products and services, including long-term care insurance, disability insurance, and more. GALIC also provides a range of financial planning and investment products, giving customers the power to plan for their future.

Conclusion

The Great American Life Insurance Company has a long and storied history. From its humble beginnings in Cincinnati to its current status as a leading provider of life insurance products, GALIC has maintained a commitment to excellence and innovation. For more than a century, GALIC has provided customers with the assurance of a secure future.