Does GEICO sell life insurance?

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Asked June 12, 2013

1 Answer


Yes, GEICO does sell life insurance. GEICO is primarily known for selling auto insurance, but the company also offers a range of other insurance products, including homeowners, renters, and life insurance. GEICO's life insurance policies are underwritten by its subsidiary, the Government Employees Life Insurance Company (GELICO). GELICO has been in the life insurance business since 1936 and is rated A++ (Superior) by the insurance rating organization A.M. Best. GEICO's life insurance policies include term life insurance, whole life insurance, and guaranteed issue life insurance. Term life insurance provides coverage for a set period of time, while whole life insurance provides coverage for the policyholder's entire life. Guaranteed issue life insurance is designed for people who may have difficulty getting approved for traditional life insurance policies, and it does not require a medical exam or health questions. GEICO's life insurance policies can be purchased directly through the company's website or by contacting a licensed insurance agent. Customers can also customize their policies to meet their specific needs and budget. Overall, while GEICO is primarily known for its auto insurance, the company does offer a range of insurance products, including life insurance through its subsidiary GELICO. Customers interested in purchasing life insurance from GEICO can do so by visiting the company's website or speaking with a licensed insurance agent.

Answered June 12, 2013 by Anonymous

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