In today’s world, life insurance is a crucial aspect of financial planning. With the unpredictable nature of life, having a life insurance policy provides peace of mind and ensures that your loved ones are protected in the event of an unexpected loss. Great Southern Life Insurance offers a variety of coverage options to fit your specific needs and budget.
What is Great Southern Life Insurance?
Great Southern Life Insurance is a leading provider of life insurance and annuity products. With over 100 years of experience in the insurance industry, Great Southern Life Insurance has built a reputation for providing quality coverage and exceptional customer service. Whether you are looking for term life insurance, whole life insurance, or an annuity, Great Southern Life Insurance has a product that will fit your needs.
Why Choose Great Southern Life Insurance?
There are many reasons to choose Great Southern Life Insurance for your insurance needs. Here are a few of the key benefits:
Great Southern Life Insurance has a strong financial rating, which means that they are able to pay out claims and provide coverage for the long-term.
Great Southern Life Insurance offers a variety of coverage options to fit your specific needs, including term life insurance, whole life insurance, and annuities. You can also choose from a range of coverage amounts and policy lengths to best meet your needs.
Exceptional customer service:
Great Southern Life Insurance is dedicated to providing their customers with the best possible service. They have a team of experienced and knowledgeable agents who can help you find the right coverage for your needs and answer any questions you may have.
Types of Coverage Offered by Great Southern Life Insurance
Term life insurance
Whole life insurance
Term life insurance is a type of coverage that provides protection for a specified period of time, typically 10, 20, or 30 years. If you pass away during the term of the policy, your beneficiaries will receive the death benefit tax-free.
Whole life insurance with Great Southern Life provides coverage for your entire life, as long as you continue to pay your premiums. Unlike term life insurance, whole life insurance also has a cash value component that can be used for various purposes, such as paying for a child’s education or supplementing your retirement income.
Annuities are investment products that provide a guaranteed stream of income for a specified period of time, or for the rest of your life. They can be used as a supplement to your retirement income, to provide for your family after you pass away, or for any other financial goals you may have.
FAQs about Great Southern Life Insurance
What is the difference between Great Southern Life term life insurance and whole life insurance?
Term life insurance provides coverage for a specified period of time, while whole life insurance provides coverage for your entire life.
Can I get coverage from Great Southern Life Insurance if I have pre-existing medical conditions?
Yes, Great Southern Life Insurance offers coverage options for individuals with pre-existing medical conditions, including term life insurance and whole life insurance. However, the premium amount may be higher due to the increased risk.
How do I get a quote for Great Southern Life Insurance?
You can get a quote for Great Southern Life Insurance by contacting one of their experienced agents, or by visiting their website.
Great Southern Life Insurance is a reliable and trustworthy provider of life insurance and annuity products.
Who is Great Southern Life Insurance Company Affiliated with?
Great Southern Life Insurance Company is an American insurance company founded in 1906. The company is based in Birmingham, Alabama, and specializes in providing insurance products for senior citizens, including Medicare Supplement, Final Expense, and Annuities. The company is a subsidiary of Great Southern Wood Preserving, Inc. which is a privately held company.
Americo Life Insurance Company is a life insurance company that is based in Kansas City, Missouri. It was founded in 1945 and is a subsidiary of Americo Financial Life and Annuity Insurance Company. The company specializes in providing life insurance products and annuities to individuals and businesses. Americo offers a variety of life insurance products, including term life, whole life, and universal life insurance, as well as annuities.
United Fidelity Life Insurance Company is a life insurance company based in Indiana, USA. It was founded in 1906 and its main products are life insurance and annuities. It’s important to note that there are many companies in the insurance industry with similar names, and it is important to check the specific details of a company before making any decisions about purchasing insurance. It is the parent company of both Americo and Great Southern life.
The largest cities in Alabama that Medicare supplement plan G is accepted in 2023
Birmingham: The most populous city in the state, with an estimated population of around 209,413 in 2023.
Montgomery: The capital of Alabama, with an estimated population of 201,342 in 2023.
Mobile: A port city on the Gulf of Mexico, with an estimated population of 195,141 in 2023.
Huntsville: A city in the northern part of the state, known for its technology and aerospace industries, with an estimated population of 190,572 in 2023.
Tuscaloosa: A city located in the west-central part of the state, home to The University of Alabama, with an estimated population of 100,257 in 2023.
Hoover: A city in the Birmingham metropolitan area with an estimated population of 84,843 in 2023
Dothan: A city located in the southeastern part of the state, with an estimated population of 68,545 in 2023.
Auburn: A city located in the east-central part of the state, home to Auburn University, with an estimated population of 63,966 in 2023.
Decatur: A city located in the northern part of the state, with an estimated population of 55,643 in 2023.
Madison: A city located in the northern part of the state, with an estimated population of 49,879 in 2023.
Please keep in mind that these figures are based on the most recent estimates and they may vary with time.
Great Southern Life has been providing insurance solutions for over a century, and it is known for its commitment to providing excellent customer service and competitively priced insurance products. Throughout its history, the company has adapted to the changing needs of its customers and the insurance industry, and it continues to be a leading provider of insurance products for senior citizens.
Great Southern Life Insurance is like any other Medigap health insurance company available to people aging into Medicare. They carry all the plans like the big name companies such as Cigna, AARP, Aetna, and so forth. However, they do not carry the Part D plan which covers prescription drugs. Companies like Silverscript, Humana, and Wellcare are the ones that carry that plan. One of the most highly enrolled in plans is the Medigap Plan G which covers hospital and doctor visits.
Who Should Enroll in Great Southern Life Medigap Plan G
Anybody that is currently on or being prescribed medication will need to look at other companies for a drug coverage plan. Medigap plan G is for copays and deductibles mainly. Even though Great Southern Life doesn’t carry the Medicare Part D plan does not mean it’s not a company to avoid entirely.
Great Southern Life Insurance Plan Cost
In the United States, there are a plethora of health insurance companies and each one has different pricing for their parts and plans. Great Southern Life could have a Medigap plan g that is cheaper in Downingtown Pennsylvania than somewhere like Marlton New Jersey.
How to Explore Any Great Southern Insurance Plan
Calling a Medicare supplement agent such as Brian Monahan will allow you to explore your options and pick what part, plan, and company you decide to choose. If you are looking for a prescription drug coverage part then the bigger named companies are what you want to look into. If co-pays and deductibles are what you are more worried about then a company like Great Southern Life is perfect. They specialize in dealing mainly with things like Medigap plan G and Medigap plan N.
Precautions on Medigap Plans
You will not have to worry about pharmacies and prescribed medications if you are enrolled in a Part D drug plan. Be careful when going to a doctor for checkups and getting a drug prescribed to you because if you are not on a Part D plan then the costs for those drugs will be a lot higher than if you were on the plan. Medicare Parts are mainly with companies like Humana, Cigna, AARP, etc. while Medicare supplement plans in Downingtown Pennsylvania can be with smaller named companies such as Great Southern Life and the bigger companies.
This blog post is for entertainment purposes only. If you want advice on Medicare or any of its plans, please speak to a licensed agent, whether it is me or another licensed agent. No advice should be taken from this video or blog post. If you don’t speak to me about your individual concerns, I can’t give you my 100% opinion. Brian Monahan and Medicare 365 are not responsible for any actions that you take without consulting with a licensed insurance agent.BL Monahan Inc or any of the agents under this agency are not responsible for any changes you make to any insurance plan because of something you read on this site. Once again, this is for entertainment purposes only.