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Number of Covered Lives
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A.M. Best Rating
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Direct Premiums Earned
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LTCi Market Entry
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|
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19,782
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A
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$113M
|
1999
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Company Overview
Great American's history dates back to 1872 when the German American Insurance Company was founded. In 1918, the Company changed its name to Great American Insurance Company. In 1959, Great American Life was formed as a subsidiary to offer life insurance through Great American Insurance agents. Later in the 1970s, they became a leader in the tax-deferred annuities industry. Great American Life Insurance Company is a subsidiary of Great American Financial Resources®, Inc.(GAFRI), which is publicly traded on the New York Stock Exchange (NYSE:GFR). Through its subsidiaries, GAFRI markets retirement annuities, and various forms of life and supplemental health insurance, including long-term care.
The company's Chairman of the Board, Carl H. Lindner, is also an owner of the hometown's professional baseball team, the Cincinnati Reds. The new home for the baseball team, “Great American Ball Park,” was completed in Spring 2003.
Great American Long Term Care Insurance
Great American has made a serious commitment to the long-term care market, and has engaged in the largest expansion ever undertaken by the company. The Great American family of companies generates approximately $25 million of long-term care premium each year, with the volume growing rapidly.
At Great American, their vision is to achieve industry leadership and be the best insurance company in America in the markets they serve. They are dedicated to providing the highest quality long-term care insurance protection at a cost most people can afford. Great American welcomes the opportunity to earn your trust and show why they have a great deal to offer in terms of commitment, financial strength, knowledge, and experience.